The former Revolutions Multi Venue Entertainment Center at the Saucon Square shopping center is set to soon become a new place for fun.
The 38,565 square-foot building along Route 378 in Lower Saucon Township has remained vacant since it abruptly closed its doors on March 31, 2019. It’s unclear what led to the closure with the business’ then general manager not returning calls and emails seeking information. Several signs at the time were posted on the front doors, stating, “Revolutions has closed for business. Thank you for all your patronage. We will miss you all.”
Colliers International’s Allentown office Tuesday announced the building has been sold 3717 FEC LLC. Scott Horner and Seth Lacey of Colliers brokered the deal. The price of the sale was not disclosed, however, a listing on loopnet.com has the 2-acre property at a $5 million asking price.
The new buyer does have plans to keep the building a space for entertainment, a news release stated, but specifics remain unclear. More information about the tenant will be made available in coming months, the release said.
Lacey said the entertainment industry struggled immensely financially during the pandemic but is starting to make a strong comeback. The new owners have a vision to give the site a new reputation, he said.
“When Revolutions went dark, its impact was felt in this community and so we are proud to have played a part in reigniting this site as an exciting new place to come together, and have fun,” Lacey said. “The new owners … know the site has great bones and potential, but just needed the right operator that knows the market. There is a lot happening behind the scenes in this part of the Lehigh Valley. It’s going to be special.”
It also remains unclear if 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 lanes; an American fusion restaurant; two bars; and an arcade with more than 40 games. Additionally, there was a fully-equipped sports amphitheater seating more than 100 people; and more than 25 HD flat screens for the “best sports viewing in town,” its website had stated. Revolutions opened in January 2013, replacing a shuttered Regal Cinemas.
In December 2018, Frank Theatres filed for Chapter 11 bankruptcy. The debtors in the Chapter 11 filing listed Revolutions of Saucon Valley LLC, as well as Revolutions at City Place LLC, in West Palm Beach, Florida. The Rock Hill, South Carolina location and Philadelphia Fishtown locations also were shuttered.
A report in ThePilot.com stated Frank Theatres lost nearly $10 million in 2018, citing documents submitted to the U.S. Bankruptcy Court District of New Jersey on Dec. 19, 2018. Christopher Lang, chief restructuring officer for Frank Theatres, in the filing blamed the chain’s losses on an unprofitable expansion into bowling. Frank Theatres additionally lost about $21 million from 2016 to 2017, Lang reported in the filing.
Please subscribe now and support the local journalism YOU rely on and trust.
Pamela Sroka-Holzmann may be reached at [email protected].