Cineplex closing at Walker Road SilverCity site, landlord says building could be destroyed
CBC
Cineplex is closing its Walker Road location which is leaving the landlord with very few options but to destroy the building and seek out a new use for the site.
"This type of decision is not taken lightly," a statement from the company said about its decision to not renew the lease.
The 3,000 seat theatre sits on a 17,000 square foot lot and it was built about 25 years ago. It is currently closed due to pandemic restrictions and Cineplex recently temporarily laid off thousands of employees due to pandemic closures.
But in this case, the company said their decision was not based on the closures.
"Based on pre-pandemic attendance levels, it was clear that movie-lovers in Windsor were gravitating toward the newer amenities at our nearby Cineplex Odeon Devonshire Mall Cinemas location.," the statement read.
"This theatre offers enhanced movie experiences."
"Our point as landlords is what does one do with a theatre that is built for one use and one use only," Joe Mikhail, who leases the property to Cineplex.
He said that since the building was built with a single purpose in mind, if he can't convince Cineplex to stay, the costs to repurpose the building are prohibitive and it would have to be destroyed.
"I think each one of us here recognize [the Walker Road location] as we drive into Windsor," Mikhail said.
"Unfortunately they've decided they want to vacate that spot and leave Windsor-Essex County with a population base of over 500,000 people to one theatre."
He said that he waived a considerable amount of costs for the business during the pandemic.
"We took a huge hit, hoping to help them out but unfortunately the industry is what it is and they can only do what they can do," he said.
Mikhail said he also had an expressed interest from Landmark Cinemas before the pandemic -- one he would like to see renewed.
"They'd like a presence here but right now, with what happened with COVID, they're sitting tight now."
