Market Street Cinema To Become Yet Another Condo Building

Historic, seedy and possibly haunted Market Street Cinema at 1077 Market Street has joined the march to oblivion, as its owners have agreed to sell to a developer who will raze the 101-year-old movie house turned strip joint turned turned ghost palace. The Business Times reports that an eight-story condo building with include 7,500 square feet of retail and 24 parking spaces will take the place of the Mid-Market landmark, adding to the rapid gentrification of the neighborhood which has already seen new additions like Twitter’s headquarters and the yuppified NEMA building.