Since people were chatting about this earlier ...
Cineplex pulls theatre switcheroo at Yonge and Sheppard
By: Peter Howell Movie Critic, Published on Thu Apr 25 2013
In a switcheroo worthy of a Hollywood caper movie, Cineplex Inc. is swapping one North York theatre multiplex for another.
On June 14, the Toronto-based entertainment giant will reopen the Empress Walk 10 theatre on Yonge St. north of Sheppard Ave., which was abruptly closed last month by Empire Theatres, its Maritimes-based competitor.
On the same day, Cineplex will close its own Cineplex Odeon Sheppard Cinemas, also on Yonge St. and just down the road from Empress Walk.
The nearly 60 employees of Cineplex Odeon Sheppard Cinemas will relocate to the newly reopened theatre at 5095 Yonge St., which will be renamed Cineplex Cinemas Empress Walk. The facility will have 10 screens, including a digital IMAX auditorium.
“We look forward to welcoming guests to Cineplex Cinemas Empress Walk,” said Ellis Jacob, president and CEO, Cineplex Entertainment, in a press statement today announcing the switch.
“We know our guests will enjoy this state-of-the-art theatre and the many improvements we have in store.”
The abandoned Sheppard theatre at 4861 Yonge St., also known as Sheppard Grande, will “be returned to the landlord for redevelopment,” but company spokesman Mike Langdon said he’s not privy to any development plans the landlord might have.
Cineplex wants to make the theatre swap because “we can provide our guests with a newer, even more cutting-edge theatre,” Langdon added.
“The theatre is ideally located, offers a digital IMAX auditorium and allows us to make a number of improvements, including the addition of new box office and concession areas, two party rooms and a gaming area.”
Renovations at Empress Walk are already underway.
In taking over Empress Walk, Cineplex sees potential in the 14-year-old facility that Empire Theatres didn’t think was there.
When Empire abruptly closed Empress Walk in March, affecting upward of 25 workers (many of whom were subsequently hired by Cineplex), Empire president and CEO Stuart G. Fraser told the Star the facility hadn’t been meeting revenue or branding expectations.
“The theatre was underperforming and didn’t represent the brand that we want to represent in the marketplace, unlike the ones that we have in other parts of the country,” Fraser said.
This will be at least the second time the theatre has been rebranded since it first opened in 1999 as Famous Players Empress Walk Silvercity.