Dollar Signs Hang Over Fate Of Old Paramount

A feasibility study is expected to be complete by the middle of next month to determine if the Paramount Theatre can be saved by demolition -- Uptown Saint John has taken out an option to buy the building but Mayor Ivan Court seemed less than enthused about the prospect of contributing city money.
One idea being put forward is turning King's Square into a performing arts district.
The city's Cultural Affairs Officer Bernie Cormier tells CHSJ News it's a good idea but would have to be financially sustainable.
Cormier worries this could turn out the same as the failed attempt several years to save the Odeon Theatre across from the Beatty.