Which of the Sears store locations are you referring to?JeloGutierrezC19296 wrote: ↑ On the takeover notes, Cineplex is planning to construction a new but replacement 12 screen theatre where the former Sears stood. I wonder if Cineworld will honor it.
I don’t know if Cineplex will expand to Cedarbrae Mall. They have no movie theatre in the area since the closure of Famous Players Cedarbrae 8 in 2003 but a Junxion brand will be a possibility.
If the merger is accepted, will Cineplex and Cineworld sell off a number of theatres to Landmark Cinemas or Cinemas Guzzo? The latter is planning an expansion outside of Quebec. My guess is the Cineplex Odeon Morningside and Famous Players Canada Square are the ones slated to get the boot.
There is nothing to expand at Cedabrae as the land has long ago been redeveloped. How that all played out was FP opened Vic. Park as Cedarbrae faded away. Then Scarb. Town Centre was developed as Vic Park faded away. Morningside is an easy money maker for the locals in that area. However, it and the Ajax location are pretty redundant. Unless there is a plan to completely refurbish with leather recliners etc, they will probably close these two. Scarb Town can service the needs of the Morningside group and the new Cineplex at Pickering Town Centre can easily service the Ajax customers.
What is curious is whether anything will be developed for the massive outside retail area going in at 407 and Simcoe in Oshawa. Big opportunity to service customers in Oshawa,Whitby, Brooklin and places further East now that 407 is connected all the way to 35.