“The project, which broke ground in April 2005, caps years of attempts to build a movie theater and
retail complex adjacent to Temple University. In 2002, Kravco Simon Co. and basketball great Magic Johnson planned to construct a 14-screen theater and retail shops at the site. That plan was canceled last year. “This is one of the most significant developments in some time,” Councilman Clarke said of the Tower Investments project. “It will be a catalyst for North Philadelphia.” The complex is the linchpin of a plan to revitalize the blocks along the North Philadelphia corridor. Other projects in the area include the refurbished Blue Horizon ballroom and boxing arena, new shops along Cecil B. Moore Avenue and plans for renovation of the Progress Plaza retail strip. “We’re trying to recapture some of the luster of North Philadelphia,” Clarke said.
INQUIRER: First Movie Theater In North Philly In 30 Years
PW: Why Don’t We Have More Movie Theaters
