Asimakos Says This Property Won't Be Idle For Long

When its lease expires, The Bargain Shop at the top of King Street will be closing its doors. At one time when Shirley McAlary was Mayor there was talk of an IMAX theatre going up there. The General Manager of Uptown Saint John Peter Asimakos tells CHSJ News he doesn't anticipate it will lay idle for very long.

He says a property of that value with it's proximity to the park and other uptown assets will remain vacant for long but, it may requires substantial changes.
As for the Paramount Theatre, Asimakos says a business plan has just been completed with the conclusion that the project will be self sustaining.