Advertisement
  1. Business

Theater is latest to close at Channelside Bay Plaza

Published Sep. 26, 2012

TAMPA — After a private screening of the comedy Seven Psychopaths, and with a clear disdain for its landlord, the Channelside Cinemas closed for good Tuesday night.

The theater, which already was in bankruptcy court, becomes the latest business casualty in the struggling Channelside Bay Plaza entertainment and retail complex. Just about two weeks ago, Stump's Supper Club and the Howl at the Moon piano bar closed — likewise citing frustrations with a temporary landlord.

In notes posted on bright paper on its entrances, the cinema told customers that it had closed effective 11 p.m. Tuesday.

The notices said that because of "incompetent and gross mismanagement" of the complex, the theater was not able to stay open "under such deplorable and unsafe conditions."

The 14-year-old complex fell into receivership in 2010 after the former owner, New York's Ashkenazy Acquisition Corp., defaulted on a $27 million loan. The Vinik Group, headed by Tampa Bay Lightning owner Jeff Vinik, has been in negotiations to purchase the complex, but a deal has yet to be announced.

Acrimony between the cinema and the receiver played out in federal bankruptcy court last month when the landlord tried to keep the theater from hosting events affiliated with the Republican National Convention, held just down the street.

The theater had filed for Chapter 11 bankruptcy protection in 2011. Its landlord asserted that the RNC events violated the cinema's lease, but the bankruptcy judge declined to side with it and said the events could go on. But at the time, none of the big political names mentioned in court papers as being interested — including Sarah Palin and Laura Bush — had signed contracts.

The theater closed Tuesday after screening a movie for a private group. The crime comedy shown, Seven Psychopaths, features Colin Farrell, Christopher Walken and Woody Harrelson.

ALSO IN THIS SECTION

  1. FILE - In this July 31, 2019, file photo workers clean the outside facade of State Farm Stadium in Glendale, Ariz. On Wednesday, Oct. 16, the Federal Reserve releases its latest ‘Beige Book’ survey of economic conditions. ROSS D. FRANKLIN  |  AP
    “Persistent trade tensions and slower global growth” were weighing on the economy, the Federal Reserve reported.
  2. A South Florida developer plans a condo tower on the parking lot between the Northern Trust building, left, and the Hilton St. Petersburg Bayfront. SUSAN TAYLOR MARTIN  |  Susan Taylor Martin
    South Florida company plans a 35-story tower next to a Hilton hotel.
  3. Tech Data's headquarters in Clearwater. The company is one of the largest in the Tampa Bay area. TD AGENCY  |  Courtesy of Tech Data
    The Clearwater company’s stock price soared Wednesday following the report, which the news service based on information from “people familiar with the matter.”
  4. 4 hours ago• Business
    Col. Jennifer Crossman smiles as Boomer, a 5-year-old dog, sits in the passenger seat of her car during the firefighter challenge at MacDill Air Force Base in Tampa. [Times (2016)] Tampa Bay Times
    Uber customers can now be connected with willing animal chauffeurs — for a fee.
  5. An image from the web site of Realtor Michael Schaffer's real estate company. [Realty Resources] WWW.TAMPABAYHOMEREALTOR.COM/TEAM  |  Screen grab
    Michael Schaffer still has active listings
  6. Duke Energy Co. workers are competing in a line worker competition in Kansas this week. | [Courtesy of Duke Energy Florida] Duke Energy Florida
    Four Duke Energy Florida competitors are from Tampa Bay, as well as two coaches.
  7. Alexandra Toigo, 32 and Sabrina Pourghassem, 23, pose for a photo at Hofbrauhaus St. Petersburg holding their signature beer mugs during Oktoberfest 2018. "LUIS SANTANA  |  TIMES"  |  Tampa Bay Times
    The beer hall’s property owners filed a lawsuit saying the restaurant missed its rent starting in August.
  8. Port Tampa Bay on Tuesday agreed to sell a half-acre it owns near the Florida Aquarium for $4.7 million to Streams Capital of Tampa, which is looking at building a 33-story condominium and hotel tower. RICHARD DANIELSON | Times
    The buyer, Streams Capital of Tampa, is looking at building a 33-story tower with a hotel, condominiums and retail.
  9. [RON BORRESEN  |  Times].
    The deadline is Friday to submit your employer’s name for consideration.
  10. The developers of The Heights say they have reached an agreement with Marriott International to include a 153-room Marriott Moxy Hotel on the first seven floors of a 25-story apartment tower planned on the block two blocks east of the Armature Works. [Courtesy of Tampa Heights] The Heights District
    Plans call for a 153-room hotel that will occupy the first seven floors within a new, mixed-use, 25-story tower.
Advertisement
Advertisement
Advertisement