The Historic Boyd Theater In Philadelphia Is Being Resurrected As Luxury Cinema

On October 1, the Florida-based iPic Entertainment group announced that it has signed an agreement to remodel the Boyd Theater into an eight-screen, 744-seat luxury movie theater and restaurant. The company, which began in 2006, has grown rapidly in the past three years and now is established in nine locations with 67 screens in seven states.

 

Built in 1928, the Boyd Theater is located on Chestnut Street near the upscale Rittenhouse Square section of Philadelphia and has been closed for the past 11 years. In 1993, the venue hosted the world premiere of the movie Philadelphia, the popular and award-winning AIDS-related film that starred Tom Hanks and Denzel Washington.