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Museum, IMAX Theater Call Off Plans

TROY, MI-Developers get a hint from the new city council that a Children's Museum and 70,000-sf IMAX movie theater are no longer welcome in the civic center property. The new mayor doesn't believe in giving away land.

By Robert Carr | Updated on June 07, 2001

TROY, MI-Plans to build a Children’s Museum and an IMAX movie theater on Civic Center property have been canceled. The IMAX Theater was being offered for development by Millenium Entertainment on land owned by the city, right behind the city community center.

The city was going to lease the land to the company, which was to pay about $5 million for the construction and $144,000 a year for the lease. Millenium lost foreign funding for the project, and couldn’t scrounge up local dollars. Also, a new council and mayor elected in Troy in April had hinted the museum and IMAX theater next door were too much to build on the land.

The Michigan Youth Theater wanted to construct a 70,000-sf children’s museum next door to the IMAX, also on city land. That lease was for considerably less, only $1 per year. The museum would have cost about $40 million for building and exhibit costs, says Doug Smith, the city’s real estate and development director.

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