Articles

The Movie Theater (Regal Cinemas) In Harrisonburg Is Closed, Permanently

Regal Cinemas
So much for catching the latest new movie on the big screen!?! 
The 9.6 acre parcel shown above - known to us as Regal Cinemas plus its very larger parking lot - is now owned by Armada Hoffler Properties.  

It would seem the tenant of the property (Regal Cinemas) defaulted on their lease and thus the company (Armada Hoffler Properties) terminated the lease.

This shouldn't be an enormous surprise as the movie theater closed this past spring due to COVID and its parent company has ceased operating all theaters across the country earlier this month.

But... it seems that this 9.6 acre property will not be sold... the owner of the property plans to redevelop the property. 
I assume this means they will tear down the building and build a much larger mixed use development, as the majority of the land is currently used for parking.

Read more about this over at The Citizen...
Apartments, retail stores may replace shuttered Regal Cinema property
 
 

Enjoying these articles?

Get each new one in your inbox.

Latest articles

All articles

Home Price Gains in the Context of Inflation

There are lots of ways to evaluate home prices in our area these days based on the data set that we select... All home sales Just detached home sales Just resale homes…