Remember the Alamo Drafthouse project at the Bloc? It’s finally happening

An opening was first planned in 2015, but delays with a renovation at the DTLA site held it up

Los Angeles /
Jun.June 20, 2019 10:15 AM
Alamo Drafthouse founder Tim League and the Bloc
Alamo Drafthouse founder Tim League and the Bloc

A long-awaited Alamo Drafthouse outpost at the Bloc in Downtown Los Angeles will open in July.

The 12-screen theater was first announced in 2014 with a projected opening the next year.

Now after five years and numerous delays with the Ratkovich Company’s renovation of the 1.8-million-square-foot complex, a soft opening is planned for early next month, according to the Los Angeles Times.

It will be the dinner-and-a-movie chain’s first theater in L.A. The highly successful chain was founded in 1997 and is best known as a pioneer of the full-service theater experience. It was one of the first theaters to serve alcohol. It’s themed nights and art house showings are especially popular. There are now 38 Alamo Drafthouse theaters nationwide.

Things have been smoother for Alamo in New York — one Alamo theater in Brooklyn is set to double in size next year and another is on the way in the Financial District. The lease deal for the latter recently earned Newmark Knight Frank a REBNY award.

Ratkovich completed its renovation in mid-2017, 18 months over schedule and $70 million over budget, according to the Times. A Real Deal investigation around that time found that many tenants first announced at the Bloc hadn’t actually signed leases. By then, Alamo Drafthouse had signed a lease and projected a 2018 opening.

Ratkovich sold its stake in the development to its equity partner, National Real Estate Advisors, early last year.

Alamo joins fast fashion retailer Uniqlo, Macy’s, and L.A. Fitness, among other tenants, at the Bloc. [LAT]Dennis Lynch 


Related Articles

arrow_forward_ios
 Jade Enterprises’ Director of Development Daniel Taban and 888 South Figueroa Street (Google Maps)
Here’s what tenants are paying at Jade Enterprises’ 888 Figueroa in DTLA
Here’s what tenants are paying at Jade Enterprises’ 888 Figueroa in DTLA
David Lawrence Gray and a rendering of the 120-unit tower (David Lawrence Gray Architects, University of Washington)
120-unit Pencil Tower planned for DTLA
120-unit Pencil Tower planned for DTLA
Rendering of 1411 South Flower Street (Housing Diversity Corporation)
Micro-housing to rise in DTLA Opportunity Zone
Micro-housing to rise in DTLA Opportunity Zone
Geoff Palmer and a rendering of the project (Getty)
New renderings show Geoff Palmer’s 1K-unit DTLA apartment project
New renderings show Geoff Palmer’s 1K-unit DTLA apartment project
Rockwood Capital's Walter P. Schmidt, LPC West's David Binswanger, and Deka Immobilien's Ulrich Bäcker. (915 Wilshire, Rockwood, LPC, Deka)
Rockwood Capital, Lincoln Property sell DTLA office tower for $196M
Rockwood Capital, Lincoln Property sell DTLA office tower for $196M
CEO of Related Companies Jeff T. Blau, and a rendering of the project (Credit: Related)
Grand ambitions: Related’s DTLA megaproject hits halfway mark
Grand ambitions: Related’s DTLA megaproject hits halfway mark
Mack Real Estate Chairman Paul Keller and renderings of the project (Credit: CallisonRTKL)
Mack and AECOM reveal details for 51-story DTLA tower
Mack and AECOM reveal details for 51-story DTLA tower
Jose Huizar and a rendering of the project (Getty, City Market LA)
Huizar-tied community benefits fund linked to DTLA megaproject faces scrutiny
Huizar-tied community benefits fund linked to DTLA megaproject faces scrutiny
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...