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5 posts categorized "Film"

August 12, 2016

Movie theater building sold for $2.5 million

Local investors bought a Rochester movie theater for $2.5 million last week, but don't expect any change in the on-screen action.

The 15-year-old CineMagic Hollywood 12 theater at 14 2171 Superior Drive NW was purchased on Aug. 5 by Magic West Properties of Rochester. Magic West bought it from Phoenix, Ariz.-based Cole CN Rochester MN, LLC.

Cinemagic_bigCole SN acquired the theater for $7.4 million in June 2005 from CineMagic, when the Maple Grove movie theater firm reorganized because of a bankruptcy.

Three local investors, including Med City business leader Mike Adamson, bought the theater under the corporate name of Magic West as an investment. CineMagic has a long-term lease and recently invested in the building by adding a special new three-screen feature called Barco Escape.

Commercial Realtor Nick Pompeian, of Rochester's Realty Growth Inc., represented Magic West in the deal.

This is the latest milestone in CineMagic's dramatic run in Rochester. The firm, led by President Steve Tripp, built the Hollywood theater in 2001. It opened just months after local developer Gus Chafoulias' new Chateau Theatre 14 began showing movies in northeast Rochester.

The two theaters were fierce competitors until CineMagic bought the Chateau theater from Chafoulias at the end of 2006. CineMagic had all of Rochester's movie business locked up for almost a year until Wehrenberg Theatres built and opened Galaxy 14 Cine in November 2007 in the Shoppes on Maine area in the southeast quadrant.

The playing field changed again in 2005, when Midwest Theatres Corp., CineMagic's parent company, filed for Chapter 11 bankruptcy. While CineMagic sold the Hollywood 12 building, it kept its theater business rolling along there. Florida-based Paragon Theaters bought and re-launched the now-named Paragon Chateau 14 Theater.

Biz buzz

For the record, this CineMagic theater deal was the third real estate sale of more than $1 million in Rochester in the first week of August.

On Aug. 1, the Rochester School of Hair Design building 4229 U.S. 52 North sold for $1.3 million. Then the Meadow Lakes Senior Living community sold for $9.1 million on Aug. 3.

It'll be interesting to see what the final real estate tally is by the end of August. 

March 06, 2015

10 years of blogging Rochester

On March 4, 2005, I wrote my first blog post. Kiger's Notebook blogo 2x

It was my sixth year at the Post-Bulletin. I created the "Heard on the Street" column about three years before the blog began. 

More  than 6,200 posts, stacks of columns, mountains of tweets and many gray hairs later, I'm still here writing about business and things vaguely related to businesPhoto on 2015-03-03 at 18.11s in southeastern Minnesota.

It'syou, the readers, who make this career such a fulfilling and entertaining one. Thank you everyone for your feedback, criticism and support over these past 10 years. 

10 years of blogging Rochester

On March 4, 2005, I wrote my first blog post.Kiger's Notebook blogo 2x

It was my siPhoto on 2015-03-03 at 18.11xth year at the Post-Bulletin. I created the "Heard on the Street" column about three years before the blog began. 

More than 6,200 posts, stacks of columns, mountains of tweets and many gray hairs later, I'm still here writing about business and things vaguely related to business in southeastern Minnesota.

It's you, the readers, who make this career such a fulfilling and entertaining one. Thank you everyone for your feedback, criticism and support over these past 10 years.  

November 21, 2013

Cowboy Jack's may win Western logo shoot-out

Western-themed restaurants and bars have been hot lately in Rochester.Texas-roadhouse1

We now have Texas Roadhouse, Wild Bill's Sports Saloon, Whiskey Creek Wood Fire Grill, Whiskey Bone's Roadhouse and the latest high plains drifter to ride into town is Cowboy Jack's Eatery. 

Cowboy Jack's is part of a Twin Cities chain and is slated to open soon within the former America's Best Value Hotel on South Broadway.

LEach has its own take on a rough and ready Western atmosphere.

 

However, going just by logos alone, it looks like the the latest addition to the Med City corral could be the toughest hombre ever seen in these parts.

 

• Texas Roadhouse has kind of 60's diner look with a cowboy hat wearing state. Eyecatching.

•  Wild Bill's invokes the whole tin star thing with sort of sheriff/ U.S. marshall/ ranger feel. That's a strong logo. 16418249_BG1

• Whiskey Creek goes with a flaming campfire design invoking cowboys around a fire after a day of driving cattle across the prairie.

 

 

• Whiskey Bones has an Elvis in a 50's diner thing going on, sort like the restaurant that John Travolta took Uma Thurman in "Pulp Fiction."

Whikbones

And then there's Cowboy Jack's.

• There's a skull of a Texas longhorn steer with

glowing red vengeful, demonic eye sockets and fangs. Very macho and a little spooky.

And then there's the crossed meat cleavers behind the skull that are actually DRIPPING BLOOD.

Cowboyjacks

Uh... yeah... OK. That's an insanely intense logo.

That's the roughest, toughest logo of the crew. That logo paints Cowboy Jack's as the guy in the black hat who shoots first and then stands with one scuffed boot on the chest of his victim while he casually lights a cigarette.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 09, 2008

Cheapest Roch beer? Roch. Mag wants to know

Here's an interesting question by Rochester Magazine Editor Steve Lange:


We want to be your clearinghouse for Rochester’s cheapest beer prices. And we want to be that clearinghouse so we–mostly Jamie and I–can buy cheap beer. We’re bud-man

looking, somewhat regularly, for the cheapest 24-pack cans of A) Bud Light; B) Busch Light and C) Natural Light (for poker night). Mostly B&C (the economic crisis has finally hit home). Any suggestions?


I wonder if Rochester Magazine has any openings? That office sounds a little looser than the newsrooms. Heh.