World Exchange Plaza

[waterloowarrior]

Last movie to be shown by Landmark at World Exchange
http://www.ottawacitizen.com/news/ottawa...ndmark+World+Exchange/9312756/story.html

BY CARYS MILLS, OTTAWA CITIZEN DECEMBER 20, 2013 9:28 PM


OTTAWA — The last movie to be shown at the downtown World Exchange Plaza by Landmark Cinemas will be on Dec. 29, the company said Friday.

A week before, property management company Bentall Kennedy confirmed it had been unable to reach a deal with Landmark, which took over a contract for the O’Connor Street location previously held by Empire Theatres.

The deal expires at the end of 2013. But since Landmark took over earlier this year, the Calgary company and Bentall Kennedy representatives said they were trying to work out a deal to keep the cinema in downtown Ottawa.

Landmark vice-president of marketing and communications Fran Holy said the company will show its last movie Dec. 29, a Sunday, and will begin packing up after.

President Brian McIntosh said in a statement that the company and landlord were unable to agree on “critical” business terms.

He said the company had been contacted by hundreds of people from Ottawa and received a petition with more than 1,000 signatures.

“We truly understand these concerns,” he said, “and that is why we worked hard to try and close a deal.”

Last week, Bentall Kennedy vice president Dan Gray said it was “too premature“ to say whether another movie company could step up and fill the theatre space.

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Too bad, I've always enjoyed going here despite the smaller size. Had a good mix of movies. Not sure they will be able to find anyone else to take their place, especially since they've already been talking about converting to other uses.