Durant City Council to Approve New Movie Theater - KTEN.com - No One Gets You Closer

Durant City Council to Approve New Movie Theater


DURANT, OK -- The decision of whether to move forward with a new movie theater in Durant will be made this week. Tuesday morning, the Durant Industrial Authority will decide, and later the project will be pitched to the city council for final approval. Deeda Payton spoke to the mayor about the project's chances.    

If approved, the new eight screen movie theater will open around the end of the year just in time to show the holiday films. All of the theaters will have stadium seating.

The mayor says once they give the company the go ahead, the cinema company will start construction. The theater will be built on the property right behind the Lowe's off of Radio Road there in Durant. "I feel like the industrial authority will support this project," said Mayor Jerry Tomlinson.

The Durant Industrial Authority is also planning to offer the company an incentive. The theater will be built with a $500,000 bond, but the company will not have to pay back $250,000 of it if they meet the performance criteria. The mayor says as long as they sell $100,000 in tickets a year for the next ten years, they will only have to pay back half of the loan.

Deeda Payton, KTEN News.