“The Pickwick is more than the building,” Park Ridge Chamber of Commerce President Jackie Mathews said. “Yes, it’s an architectural landmark, but as a business it’s very central to the dynamics in Uptown.”
Outside the Pickwick Theatre in Uptown Park Ridge before its final screening under its longtime operators, Jan. 12, 2023.
But beyond ensuring its physical continuity, city leaders are thinking about how the Pickwick contributes to the Park Ridge economy, whether that’s as a taxpayer, as an area draw for consumers or as a backdrop and host to other community events.There’s the explicit financial contribution the theater makes to Park Ridge and local school districts and the park district every year through tax payments.
“Our real estate tax bill has always been about $100,000, so over 40 years I’ve generated $4 million in real estate taxes,” he said. The theater draws people who will often do “dinner and a movie” and spend some time – and money – in the area before or after they see their show, Vlahakis said.“When we have a big hit movie, you can look at all the restaurants,” he said. “Especially when there’s a classic film. You see people in the restaurants because they want to be someplace where they can park, have dinner and go see a movie.
“The Pickwick is more than the building,” Mathews said. “Yes, it’s an architectural landmark, but as a business it’s very central to the dynamics in Uptown.” “Those are really important moments that people remember and they want to experience the tradition year after year,” Mathews said.
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