Coffee, Chicken & Office Space šŸ˜•

All the happenings that's fit to digitally print

Hello Friday! Itā€™s been a hot Spring, hasnā€™t it? But we only hit 86 degrees yesterday.

We could live in Boston. It was 95 degrees there. šŸ˜“

In todayā€™s newsletter:

  • A different kind of chicken sandwich: Park Circle gets a fresh take on Americaā€™s favorite bird. šŸ—

  • There can never be too much coffee. We have a new cup-of-joe option in Belle Hall. ā˜•

  • Vacant cineplex turns intoā€¦an office building? When is the question. šŸ¢

Friday 86Ā° / 75Ā° šŸŒ§ļø šŸ’§53%

Saturday 87Ā° / 75Ā° ā›… šŸ’§43%

Sunday 87Ā° / 76Ā° ā›… šŸ’§59%

Friday, June 21

  • Reggae Nights Concert I 8:00 PM - 11:00 PM I James Island County Park (map) I Outdoor concert, bring your blanket or chairs!

  • Music On The Green I 6:00 PM - 9:00 PM I Freshfields Village, Kiawah (map) I Free, family-friendly concert on the village green featuring R&B music from Loose Chain.

  • Candle Making I 6:00 PM - 7:00 PM I Charleston Candle Company (map) I Learn how to mix and create your own custom fragrance and pour your own soy wax candle.

Saturday, June 22

Sunday, June 23

REAL ESTATE (RE)DEVELOPMENT

Megaplex To Couch = Theaters No More

Old Regal Cinebarre in Mount Pleasant, a great place for running group warm-ups

We did it. Weā€™re all complicit. We played our part in the rise and fall of huge ā€œmegaplexesā€, the late-90ā€™s/early-2000s evolution of movie theaters from single ballroom-sized venues to 10-screens-in-one-building monsters.

Recall the anticipation of seeing a blockbuster movie at the megaplex? Circling the parking lot to find a space. Waiting in line for a massive tub of popcorn and Raisinets. Inevitably settling for a seat behind a guy rivaling LeBron James in the height department.

Yeahā€¦not so much.

COVID wreaked havoc, but ticket sales were trending down for a while

There were innovations over the years in the theater industry-think bougie cinemas like Alamo Drafthouse or Cinepolis, where waiters brought cocktails and ā€œelevatedā€ food right to your seat. It wasn't enough, especially when streaming entered the chat.

Streaming offered limitless choices, and the food was a lot better. The extinction of the megaplex was on the horizon.

Mount Pleasantā€™s Very Own Megaplex

Regal Cinemas bought 7 acres on Houston Northcutt Boulevard in 2005 and developed a 1st-generation movie complex. It didnā€™t last long. Regal knew they needed to evolve, and Mount Pleasant was going to be the ā€œguinea pigā€ for a new brand called Cinebarre.

They closed for redevelopment on April 6, 2008. It would make way for what the Regal owner called ā€œan experience that canā€™t be matched with high-tech home entertainment or Netflixā€.

Weā€™re Not Immune

I gotta fast-forward this story ā€˜cause Iā€™m at risk of getting ponderous.

Cinebarre opens on Houston Northcuttā€¦Netflixā€™s move from DVDs in the mail to streaming picks up steamā€¦Others follow suitā€¦Theater ticket sales continue their declineā€¦COVID hitsā€¦Cinebarre Mount P closes in December of 2021, afterā€¦

A Charlotte developer pays the unheard-of sum of $14.25 million for the 7 acres.

The Latest

When Collett Capital bought the property, they started conceptualizing plans to develop several office buildings on the site. Thatā€™s not the latest, though.

This story is a 2-parter. Come back next week for an update on a conversation I had with a representative of the developer. And my opinion, ā€˜cause I got one. šŸ˜

STAT OF THE DAY

šŸæ 1.575 billion: The number of movie theater tickets sold at the peak in 2002. Since then, the decline has been accelerating. COVID-era low was 443.9 million in 2021. Sales recovered somewhat in 2022 and 2023, but you see where this is going

GRAB BAG

In case you missed it

Summit Coffee opened their 1st of 3 CHS locations on June 15

ā˜•ļø Summit Coffee opens in Mount Pleasant. Davidson, NC-based Summit Coffee opened its 1st of 3 announced Charleston locations on Belle Hall Boulevard in Mount Pleasant. Theyā€™d previously announced plans to open 2 in Mount P and a 3rd in Summerville.

šŸ” Barnyard Chicken opening in former Food on Spruill space. A new York chef with tons of restaurant experience will be opening soon in Park Circle. Offering his twist on the traditional chicken sandwich, Eric Hara will bring a cool, casual vibe to Park Circle with fast food thatā€™s technically-driven.

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FEEDBACK

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