By Ray King
Ryan Watley, the CEO of Go Forward Pine Bluff confirmed Friday that the former Wal Mart building in the Pines Mall has been purchased by an individual interested in establishing a movie theater.
Appearing on the Oldies 101.3 morning show, Watley said:
While Watley would not confirm the purchase, price, sources have told Deltaplex News that the more than 90,000 square building was bought by the Apex Theater group for $450,000.
He said the idea of bringing a movie theater to Pine Bluff was among the things people said they wanted, adding that the city and county has been losing a significant amount of revenue because many people leave the city on weekends and go other places where they can go to a movie, shop and eat.
Watley said that there is still a lot of work to be done, particularly from a financial standpoint.
