Economic woes led to the collapse of the iPic Theater, but International Materials Inc. signed a lease to move its corporate headquarters into the third floor of the building in downtown Delray Beach. Photo provided
By Christine Davis
International
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By Jane Smith
Hamid Hashemi and three other men resigned from their executive positions with iPic Entertainment on Nov. 15.
It was the same day that its lender gained control of the iPic luxury theater chain through an affiliate, iPic Theaters.
The n
By Mary Hladky and Jane Smith
Less than three months after filing for Chapter 11 bankruptcy protection, iPic Entertainment has emerged from the legal process in the arms of its largest creditor.
Delaware U.S. Bankruptcy Judge Laurie Selber Silverstein
By Jane Smith and Mary Hladky
IPic movie theaters in Delray Beach and Boca Raton remain open two months after the company filed for Chapter 11 bankruptcy protection.
But iPic Entertainment founder and chief executive Hamid Hashemi has abandoned effort
Hamid Hashemi called delays in Delray Beach an important factor in iPic’s financial trouble. Jerry Lower/The Coastal Star
Related Information: Delray Beach iPic incentives
By Jane Smith and Mary Hladky
One week after iPic Entertainment filed for Ch
Compiled by Jane Smith
The iPic movie theater sits just south of Atlantic Avenue, between Southeast Fourth and Fifth avenues. The downtown Delray Beach movie theater has received incentives from the city and its Community Redevelopment Agency.
Decemb
By Christine Davis
The big reveal for the new iPic Delray movie theater, the city’s first new movie theater in 40 years, was held last month for media and friends.
A showing of 2019’s best picture, Green Book, and a live magic show kicked off the th
The wall on the east side of the theater consists of panels with a variety of plants for color and texture. It gets attention from pedestrians and motorists alike. Jerry Lower/The Coastal Star
By Deborah S. Hartz-Seeley
While many artists use their
Metal poles brace a six-story garage under construction in downtown Delray Beach. The garage will serve the nearby iPic movie theater and office space on its top floors. The bracing is part of the normal construction process. The garage will be finis
By Jane Smith
The iPic luxury theater owner took on a joint venture developer partner back in May but never announced it. Some city leaders say the partnership makes sense because iPic is a theater owner and not a mixed-use developer. Others see i
By Jane Smith
Delray Beach planning staff is reviewing the latest changes submitted by the proposed iPic movie theater to ensure the revisions comply with city rules and a commission directive to reduce the project’s size.
The question remains whether
By Jane Smith
The county’s inspector general won’t be getting involved in the Delray Beach City Commission’s decision to allow an iPic movie theater to open in its downtown.
On Aug. 18, the City Commission held a quasi-judicial hearing on the
