The deal was sealed this week on the property located at 1130 Trinity Mills Rd., about three miles west of the church. The theater had been operational practically up to the time of the sale.Two of the eight screens will be retained in a makeover that also calls for a 500-seat auditorium. "We are trying for this year, but it could be early next year," Cristina Lewis, a church director, told GlobeSt.com. The redesign is being finalized while construction timeframes have yet to be decided, says Lewis.
The non-denominational sect is operating under a mandate to create youth-oriented facilities and programs in light of nationwide violence by younger members of society, says Lewis. The plan is to create a cutting-edge, fun hangout where youth "can experience a lifestyle that does not compromise moral standards," say church officials.
The Weitzman Group of Dallas has handled negotiations.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.