Landmark Theatres has renewed its long-term lease with Renaissance Place in downtown Highland Park.
This is good news for a complex that will soon find itself without its anchor store. Saks Fifth Avenue recently announced that it would close its Renaissance Place location after the holidays.
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This is also good news for moviegoers, as the Highland Park Theatre is likely to remain shuttered until the property is handed over, which could be a while.
“Landmark’s Renaissance Place Cinema has been a terrific location for us and we look forward to serving our Highland Park and North Shore communities with the finest in film entertainment and amenities for years to come,” Landmark Theatres CEO Ted Mundorff said in a statement.
The lease renewal will be accompanied by major upgrades to all five theater screens, which will be converted to digital technology, according to a news release issued by Renaissance Place asset manager Metzler Real Estate. The theater upgrade means you'll soon be able to see 3D movies in Highland Park.
“We are delighted to continue our relationship with Landmark Theatres and believe that their renewed commitment and investment in upgrading the overall theatre experience at Renaissance Place allows us the opportunity to offer a unique customer experience for the entire North Shore,” said Metzler Real Estate CEO Don Wise said.