UPDATE: Movie theater still an option in Wausau - WAOW - Newsline 9, Wausau News, Weather, Sports

UPDATE: Movie theater still an option in Wausau

Posted:
WAUSAU (WAOW) -

A movie theater is still in the works for the vacant Sears building in downtown Wausau. Christian Schock, the planning, community and economic development director for the city updated city council Tuesday evening.

Schock said a developer is still working with Micon Cinema to take over the space which has been vacant for over a year.

"Those discussions have gone well," said Schock. "We think there's some alignment on the parties and working together, there have been many discussions between the mall owner,  the manager, Micon and the potential developers who are interested."

Schock said getting this done quickly is a priority. He said he hopes to have a proposal for the city's economic development committee Jan. 18.

*********************************************************************

City leaders will be getting an update on the vacant Sears building attached to the Wausau Center Mall at the city council meeting Tuesday evening.

Christian Schock, the planning, community and economic development director for the city will be giving the update to city council.

In November, Schock told city leaders that a deal was being restructured with Micon Cinemas, a movie theater company out of Eau Claire.

Sears closed in 2016, the city purchased the building shortly after so they could have a say in what took over the space.

The movie theater plan has been in the works for about a year, however hit a snag in October when they couldn't reach an agreement with the mall owners, Rialto Capital Management.

Newsline 9 will be at the meeting and bring you the latest on the plans on Newsline 9 at 10.

Powered by Frankly