An upscale movie theater chain that offers stadium seating, reclining leather chairs with pillows and blankets, restaurant service with a full bar and free valet parking is eyeing the soon-to-be-vacated Borders bookstore location in Downtown Crossing.
“It’s an exciting new movie concept, and they want to come here,” said Peter Meade, director of the Boston Redevelopment Authority, who met with officials from Florida-based iPic Theaters last month at an annual retail convention in Las Vegas. “The idea has been successful in a couple of other cities, and we think it would work in Downtown Crossing.”
Theodore J. Chryssicas, a commercial real estate agent from Colliers International Boston who represents iPic, said he recently took company officials to the Borders location at the corner of School and Washington streets and to several other sites in Greater Boston that he would not identify.
“We did a walk around Borders to get a feel for the space, and there’s preliminary interest,” he said.
The iPic Theaters concept was launched in Wisconsin in 2007, combining movies with upscale bars and restaurants and sometimes bowling alleys.
It’s not a cheap night out, with movie tickets costing up to $29 each and entrees starting in the mid-$20 range.
“It’s a high-ticket item,” said Meade. “But there’s an audience for it in Boston.”
Upscale movie theaters have taken off in recent years, and the Hub is already ringed by higher-end, suburban Showcase Cinema de Lux outposts.
A Downtown Crossing location would mark the first East Coast foray for iPic, which has theaters in Texas, the Midwest and on the West Coast.
Donna DePrisco, of DePrisco Jewelers in Downtown Crossing, said she loves the idea.
“Given the ceiling height, the Borders site is a natural space for a theater,” she said. “It will bring people to the downtown and fill the void left by the Borders shoppers. That location is busy morning, noon and night with book lovers, and a theater-dinner crowd will fill the streets.”