Magic Johnson Theater new owners announced; re-opening in May for Baldwin Hills Crenshaw Plaza Mall movie house

Baldwin Hills Crenshaw Plaza mall owner Capri Urban Investors today announced that Rave Motion Pictures will be the new theater operator for the now shuttered Magic Johnson theaters, according to a press release sent today.

The plan for the theater that was closed in May calls for a state-of-the-art, fifteen-screen multiplex featuring stadium seating, new amenities, digital projection and sound, 3-D screens and new décor.

Target opening Memorial Day, 2011.

Rave is currently the fifth largest domestic circuit by box office gross and number of screens. In Los Angeles, Rave currently operates the Rave 18 at the Howard Hughes Center, formerly known as The Bridge Theater. The company, founded in 1999, owns or manages 61 theaters and approximately 1,000 screens located in 20 states across the country.

Capri bought the Crenshaw Plaza mall for $136 million in 2006.

“Rave Motion Pictures will make a fantastic addition to Baldwin Hills Crenshaw Plaza,” said Ken Lombard, President of Capri Urban Investors, in the release. “They understand Los Angeles, the urban marketplace, and have an absolute commitment to delivering the best movie experience you’ll find anywhere.”

“We are extremely impressed with Capri’s commitment to turn Baldwin Hills Crenshaw Plaza into a Class-A retail center,” said Thomas W. Stephenson, Jr., President and CEO of Rave Motion Pictures, in the release. “We look forward to being part of the new plans at Baldwin Hills Crenshaw Plaza, and are proud to be the first major upgrade of many more to come for the center.”

“Bringing a top-flight operator with the most modern facilities available in America today is great news for the residents of neighborhoods surrounding Baldwin Hills Crenshaw Plaza,” said Los Angeles City Councilman Bernard C. Parks in the release. “Capri made a commitment to upgrade the mall, and this is a big and immediate step in delivering on that commitment.”

Renovation plans for the entire mall call for a dining terrace and live entertainment performance area, new flooring, lighting and extensive exterior building, site and landscape improvements throughout the 43-acre property.

The mall renovation will be completed before the 2011 holiday season.

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Comment by enhager on November 12, 2010 at 5:00pm
Well soon we'll have our destination theater back.
Comment by Ms. Thompson on November 11, 2010 at 11:46am
Yeah! I so miss having a Theater in the neighborhood, Ive been patronizing the Culver City Movie house, so ready to stay in my area.
Comment by Cory Tyler on November 10, 2010 at 6:17am
Hi Eddie. Not yet. Thanks for remembering.
Comment by enhager on November 9, 2010 at 10:17am
Happy Thanksgiving Barbara!
Comment by Barbara Jean Cain on November 9, 2010 at 10:06am
I am thrilled to see this improvement come about. I came to L.A in 1955 as a child and grew up in the neighborhood, I have seen many changes and not for the better. This gives me hope for our community. Thanks for sharing.
Comment by enhager on November 8, 2010 at 5:43pm
Hey Cory - did you ever find that house you were looking for?
Comment by Cory Tyler on November 8, 2010 at 5:39pm
Wonderful News! Thanks for sharing this Eddie!

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