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Downtown movie theater by next year's Oscars

Posted at 6:58 AM, Feb 29, 2016
and last updated 2016-02-29 08:47:35-05

Downtown Buffalo can expect a new movie theater by year's end.

"We hope the ribbon will be cut on the new national movie chain in downtown Buffalo sometime this year," Buffalo Mayor Byron Brown tells 7 Eyewitness News. "By the fall."

The plan to convert the old Market Arcade (Main Street and Washington Street) into an AMC movie theater was originally announced last year. The project was supposed to be done by April 2016 but Brown says Benchmark, the developer, just closed on the building earlier this month.

"That moves this project of bringing a national theater chain one step closer to reality in downtown Buffalo."

Although the opening date has been pushed back Brown is confident this means big things for the city. "It certainly continues the investment momentum that we're seeing downtown."

Benchmark is expected to put about $6 million into the project. The company bought the building for $250,000.