One of Chapel Hill’s last chain movie theaters might not reopen post-COVID if a Cary developer moves ahead with plans for a new medical office.
Regal Timberlyne, which opened in 1993, is one of 18 Regal Theatre locations in North Carolina. Other Triangle locations are in Raleigh, Cary, Garner and Apex.
The six-screen, 1,350-seat theater, located at 120 Banks Drive near the Timberlyne shopping center, closed in March when the state shut down to stem COVID-19 infections. The state has not yet lifted its restrictions on movie theaters.
Online postings show Foundry Commercial had listed the theater property for sale in January. Cary-based Parkway Holdings Phase 2 LLC plans to close on the