The owner of the Pembroke Lakes Mall plans to tear down part of the Sears department store there to clear space for a new movie theater.
General Growth Properties proposed that the city of Pembroke Pines allow an amendment to the development agreement for the mall at 12055 Pines Boulevard.
The amendment would eliminate 40,000 square feet of the Sears store, which spans 144,195 square feet, and replace it with a 40,000-square-foot, 100-seat movie theater.
The Pembroke Pines Planning and Zoning Board is scheduled to consider the proposal January 28, but the board may act at a later date, pending studies of the planned project’s impact on traffic.
Sears owns its store and General Growth owns the mall. Holland & Knight attorney Janna Lhota represents General Growth, a public held company traded under ticker symbol GGP.
Sears and its subsidiary Kmart this month announced plans to close 27 stores with poor sales.
The theater at Pembroke Lakes Mall would face competition from Cinemark Paradise 24 at the intersection of Interstate 75 and Sheridan Street and the Regal Cinemas Westfork on Pines Boulevard west of Interstate 75. [South Florida Business Journal]— Mike Seemuth