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Tuesday, April 27, 2010

Paramount Theater is Slated for Demolition
















(Picture of the Paramount Theater Near King Square)
                (Photo by Jim Hennessy)

Saint John is on the verge of losing another one of it's land-marks.


Businessman Paul Daeres owns the former Paramount Theater and tells CHSJ News, after exhausting every possible lead for a new owner or tenant in the past five years, if he can't find someone by next month, the building is coming down.


Daeres says it is becoming too expensive to mantain with plenty of damage being caused by people who know the building is vacant.


Daeres says he would be willing to hang on the building for another year if someone comes forward with a solid proposal with-in the next month.