Sun Ray Cinema warns of impending sale of their building to Atlanta developer...

Started by pierre, April 16, 2024, 03:54:58 PM

CG7

I'm sure the person was speaking about their personal experience and not being delusional. I live in Avondale and only go to 5 points for the Sunray and Midnight Sun. There is now really nothing to draw us older folks and or families to the area. Not delusional just the truth.

thelakelander

"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

realestatejax

Quote from: thelakelander on June 18, 2024, 06:52:21 AM
Some info on Sun Ray's replacement:

https://www.jacksonville.com/story/business/briefs/2024/06/17/sun-ray-cinema-could-be-replaced-by-nashville-based-entertainment-venue/74097491007/

So it won't be a parking garage, golf simulator, or taco shop?!  A music venue is a great replacement tenant and will probably activate 5 Points more than the theater.  I hope the people that expressed outrage over the news of Sun Ray closing calm down a little.

copperfiend

Why would it activate 5 Points more than a movie theater that shows at least 2-3 movies a day? It looks like most of the venues run by that company host a handful of concerts a month. And then get rented for weddings or other events.

Jankelope

I am staunchly pro sun-ray in this case. They were not even offered an option to match the rent/lease that the developer wanted. This is an out of town developer coming and trying to reinvent the wheel at one of our most special places in town. I will say there could have been a good way to explore this, test consumer desire for their plans, etc. Not only did they not do that, they taunted and mocked people on instagram and social media. Sunray was a local treasure that was not failing. It was special and occupied a space that was purpose built to be a movie theater nearly 100 years ago.

realestatejax

They should have paid their rent.  Word is they had a considerable amount of past due rent payments accrued. 

Quote from: Jankelope on June 26, 2024, 10:41:03 AM
I am staunchly pro sun-ray in this case. They were not even offered an option to match the rent/lease that the developer wanted. This is an out of town developer coming and trying to reinvent the wheel at one of our most special places in town. I will say there could have been a good way to explore this, test consumer desire for their plans, etc. Not only did they not do that, they taunted and mocked people on instagram and social media. Sunray was a local treasure that was not failing. It was special and occupied a space that was purpose built to be a movie theater nearly 100 years ago.

Jankelope

Sun-ray denies this. They say that they were up to date on rent. I don't feel like they would lie about something that would be very easy for the new developer to plainly state. I could be wrong. It was my understanding based on conversations with the owners that they were not behind on rent and had not been offered a lease extension, even at a higher rate.


BridgeTroll

Looks like it just might draw more people to 5 points than the musty old theater... sounds like a huge improvement to me... 8)
In a boat at sea one of the men began to bore a hole in the bottom of the boat. On being remonstrating with, he answered, "I am only boring under my own seat." "Yes," said his companions, "but when the sea rushes in we shall all be drowned with you."

Charles Hunter

I guess I am officially Old - don't recognize any of the acts listed in the article.

At least none of the absurd TicketMaster fee fees (that's a fee for charging you a fee)
Quote
According to its website, Marathon Live provides turnkey services, including booking performers, marketing, ticketing, event operations and food and beverages tailored for each event.

jax_hwy_engineer

I only know Hinder, and the only song of theirs I know is from 2005

Hopefully they get some artists I like

copperfiend

So after months of delays and over a dozen cancelled/postponed shows, the music venue opens tonight. It looks like either the Tennessee based promotion company running it or the Atlanta based private equity firm that bought the building has been flooding Google with five star reviews. I guess they didn't like that people were upset that they bought tickets for shows that never happened.

Dolph1975

Just the thought of the traffic and parking is making my blood pressure spike...