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Paramount Theatre Project

MEDIA RELEASE  For Immediate Release:

Paramount Theatre Project 


At the April 5th  regular monthly meeting of the Board of Uptown Saint John Inc.  the Board decided that they would be looking for another group or individuals to  take the Paramount Theatre Project forward. “The Paramount has been a priority  of the Board for a year and a half now and a lot of work has been accomplished  to raise the profile of this project in the community” said President Matt Alexander.  

A business plan was completed in the fall of 2010 and a variety of efforts have been made to raise awareness and funding to repurpose the theatre as a multiuser entertainment complex. The idea that the King’s Square area could become  a ‘Performing Arts Precinct’ was identified in a 2008 strategy on how to leverage
the cultural assets located in the uptown. In addition to the business plan,  Uptown Saint John Inc. commissioned architectural drawings and engineering  reports on the proposed concept and the condition of the building. 

The Board continues to be firmly supportive of efforts to revitalize the King’s  Square area and will support initiatives that will realize investment in this  important area of the uptown. “The King’s Square area has tremendous potential  to become the vibrant area it once was – an area largely responsible for the “Uptown’s” name, said Peter Asimakos, General Manager of Uptown Saint John Inc. 
 
For more information:

Peter Asimakos
General Manager
Uptown Saint John Inc
506.633-9797
Direct Line 633-1426


 

Paramount Theatre Business Case

Paramount Theatre Project - Business Plan 2010 12 03 _3_.pdf 967.9KB

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