The "momentum" of Kansas City inside the loop takes another devastating hit this morning . . .
Drafthouse.com: Alamo Drafthouse Mainstreet is now closed.
Money line . . .
"Last March, we temporarily closed Mainstreet along with every other Alamo Drafthouse location. Nearly a year later, we’re incredibly sad to tell you that because of the ongoing impact of COVID, we will not be reopening Mainstreet."
Consider . . .
Even New York City has allowed theaters to open at limited capacity but KCMO isn't close to lifting some of the more draconian local restrictions.
Moreover, and this is the important part . . .
THE DOWNTOWN KANSAS CITY COVID EXODUS WORSENS!!!
Waddell & Reed pulling out of the loop was bigger news for the local economy but this move still stings given that a major movie chain operating in the newly revitalized downtown P&L District was touted as a major sign of progress.
Given the reality of the cinema biz, this movie house closing isn't such a big deal but overall we're seeing more jobs and developments abandoning the KCMO urban core amid an overall hostile environment for developers.
And so, the last picture show plays inside the loop at the pandemic and Internets technology claim another victim.
Developing . . .