The final curtain is coming down on the former Super Cinemas on Davenport's North Brady Street.
Crews are beginning to dismantle and salvage items from the vacant movie theater in preparation for demolition later this week, said Dan Palmer, the chief executive officer of Tri-City Electric Co., the building's owner.
Palmer said Monday that by demolishing the 35,000-square-foot building, the developers will be left with a more attractive piece of frontage property to market. Tri-City Electric's new headquarters sits adjacent and behind the theater property.
"We figured the property was worth as much as the building itself," said Palmer, one of the developers of the Showcase Business Park near Brady and 65th streets.
Since the building had been a multi-screen movie theater in its early life, he said "new end users were very limited."
"With the shape of the floors and the way they slant, it was a tough match to find somebody," he said, adding that two religious groups had investigated buying it. Both deals fell through. One of the prospects was the Quad-City Prayer Center, a non-denominational Christian organization, which had to pull out of the deal after it could not raise enough funds.
Palmer is optimistic that a cleared property with frontage to Brady Street will attract a new buyer. The three-acre parcel would be part of the Showcase Business Park being developed by Tri-City Electric and Build-To-Suit, which together purchased the 25-acre cinemas site.
Besides Tri-City Electric, which has completed its 55,000-square-foot building, Crescent Electric Supply has announced plan to build an office and
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warehouse facility in the business park. The electrical wholesaler currently is a neighbor to Tri-City's downtown buildings.
Palmer said its downtown properties remain on the market, with three different prospects interested in four of the seven buildings. The new facility allowed Tri-City to consolidate all of its operations into one location.
He said Dave Lohman of Lohman Excavating & Demolition has been salvaging and selling items from the theater, such as seats. Palmer expects actual demolition to begin Wednesday or Thursday and last a couple of weeks.
Meanwhile, Tri-City is two weeks from being completely relocated to its new facility. Palmer said the company has added about six new employees to its corporate staff, which now numbers about 70.
"Business is good and we're very optimistic about the work that is out there," he said. "We miss the downtown, but we're looking forward to our new home."