The former Revolutions Multi Venue entertainment center in the Saucon Square shopping center is soon to become a new entertainment venue.
The 38,565 square foot building along Route 378 in Lower Saucon Township has remained vacant since it abruptly closed on March 31, 2019. It’s unclear what led to the closure, the manager company general not returning calls and emails requesting information. Several signs at the time were posted on the entrance doors, stating: “Revolutions has closed. Thank you for all your sponsorship. We will all miss you.
The Allentown office of Colliers International announced Tuesday that the building has been sold to 3717 FEC LLC. Scott Horner and Seth Lacey of Colliers brokered the deal. The sale price was not disclosed, however, a listing on loopnet.com has the 2-acre property at an asking price of $5 million.
The new buyer intends to keep the building as an entertainment space, a press release said, but details remain unclear. More information about the tenant will be available in the coming months, according to the release.
Lacey said the entertainment industry had struggled tremendously financially during the pandemic, but was beginning to make a comeback. The new owners have a vision to give the site a new reputation, he said.
“When Revolutions died out, its impact was felt in this community and so we are proud to have played a part in reviving this site as an exciting new place to gather and have fun,” said Lacey. “The new owners… know the site has great assets and great potential, but they just needed the right operator who knows the market. There’s a lot going on behind the scenes in this part of the Lehigh Valley. It’s gonna be special.
It’s also unclear whether the new owner plans to keep any of the existing amenities or renovate the building into a new concept.
Revolutions, formerly owned by Florida-based Frank Entertainment Group, included 20 bowling alleys; an American fusion restaurant; two bars; and an arcade with over 40 games. Additionally, there was a fully equipped sports amphitheater that could accommodate over 100 people; and more than 25 HD flat screens for the “best sports viewing in town,” its website had said. Revolutions opened in January 2013, replacing a closed Regal Cinemas.
In December 2018, Frank Theaters filed for Chapter 11 bankruptcy. Debtors in the Chapter 11 filing list Revolutions of Saucon Valley LLC, as well as Revolutions at City Place LLC, in West Palm Beach, Florida. Sites in Rock Hill, South Carolina and Philadelphia Fishtown were also closed.
A report in ThePilot.com said Frank Theaters lost nearly $10 million in 2018, citing documents filed in the U.S. District Bankruptcy Court in New Jersey on Dec. 19, 2018. Christopher Lang, chief restructuring officer of Frank Theatres, in the filing, blamed the chain’s losses on an unprofitable expansion into bowling. Frank Theaters also lost an estimated $21 million from 2016 to 2017, Lang reported in the filing.
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Pamela Sroka-Holzmann can be contacted at [email protected].