As everyone knows, the large anchor box universe of prospective tenants and occupants for buildings of this size are becoming fewer and fewer and fewer with every passing day,” said Regan. It expects to employ 40 to 50 people at the store with 60 percent of them full-time workers. This will be the company’s first store in Minnesota. It also sells vanities, sinks and countertops. According to city documents, Floor & Decor is one of Fortune’s “100 Fastest-Growing Companies.” The national retailer specializes in tile, wood and stone flooring products. I think the loss of a major entertainment venue for the city is a big deal,” said Craig Lamothe, who chairs the Maple Grove Planning Commission.Ītlanta-based Floor & Decor will gut the interior of the theater and redo the exterior facade of the building. “When I first heard about this coming in, Floor & Decor, I wasn’t overly thrilled, just hearing that was what was going into the theater. After the closure, there was disappointment and concern over the future of the 9.9-acre movie theater site. City officials say the COVID-19 pandemic and property maintenance issues impacted the Maple Grove venue. “We’re really excited about the possibilities with this,” said Dan Regan with Minneapolis-based Launch Properties.ĪMC Arbor Lakes 16 abruptly closed last month. When some Maple Grove city planning officials first heard about a home remodeling store taking over the AMC movie theater site, they “weren’t overly thrilled.” But according to a concept plan presented at Monday’s Maple Grove Planning Commission, that’s not all a redevelopment proposal has to offer.
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