So much for catching the latest new movie on the big screen!?! 

The 9.6 acre parcel shown above - known to us as Regal Cinemas plus its very larger parking lot - is now owned by Armada Hoffler Properties.  

It would seem the tenant of the property (Regal Cinemas) defaulted on their lease and thus the company (Armada Hoffler Properties) terminated the lease.

This shouldn't be an enormous surprise as the movie theater closed this past spring due to COVID and its parent company has ceased operating all theaters across the country earlier this month.

But... it seems that this 9.6 acre property will not be sold... the owner of the property plans to redevelop the property. 

I assume this means they will tear down the building and build a much larger mixed use development, as the majority of the land is currently used for parking.

Read more about this over at The Citizen...