Historic cinema regeneration project moves forward
Wolverhampton’s city centre cinema project at the historic Chubb Buildings has progressed, with the City of Wolverhampton Council reaching an agreement on Heads of Terms with PDJ, the chosen developer.
PDJ, an independent commercial operator was chosen as the preferred developer among a group of eight contenders for the Fryer Street venue.
Aiming to revitalise the outdated two-screen venue into a modern four-screen cinema, the developer has invested jointly with the council in a £2m refurbishment and fit-out program.
The venue is anticipated to draw around 130,000 visitors annually to the city centre and generate both permanent and part-time employment opportunities.
Councillor Bhupinder Gakhal, City of Wolverhampton council cabinet member for Visitor City, said: “I am delighted we have now agreed Heads of Terms with PDJ and we can now move forward at pace to help bring their vision to reality.
“We know from our call out for expressions of interest in this venue that there is a strong appetite for leisure opportunities in our city centre. PDJ have confidence in Wolverhampton and are suitably qualified cinema and entertainment expert to transform this space in our wonderful Chubb buildings and deliver an affordable luxury offer.
“They have a sound and sustainable plan that will further enhance our arts, culture and entertainment offer for residents and visitors to Wolverhampton, working alongside popular venues like the art gallery, Grand Theatre and The Halls Wolverhampton – all boosting city centre footfall.”
James Jervis, director at PDJ Management said: “We’re extremely excited to be pressing forward with the cinema at the Chubb and gearing up to start construction on-site soon. The overwhelming enthusiasm following the December announcement underscores the demand for an independent cinema right in the heart of Wolverhampton’s city centre. With an exciting lineup of films planned for 2024 and beyond, we’re committed to offering the best cinematic experience for our audience.”
