Facebook - The Hodges Companies

Apr 11, 2016 9:08 PM

Former Concord theater site may be home to new Dairy Queen, restaurant, bank

CONCORD - Long-time vacant buildings that once served as a movie theater and video rental store, could potentially become home to a Dairy Queen and other developments.

According to the Concord Monitor, The Hodges Companies owns 192-196 Loudon Road, which once housed Entertainment Cinema and a branch location of Movie Gallery.

The four-acre property has been on the market for six years, and new documents submitted to the city's planning board outline plans to replace the current buildings with three new developments that include a Dairy Queen, a bank and a restaurant.

The original theater was built on Loudon Road in the early 1980s according to The Monitor. Entertainment Cinemas began leasing the property in 2002.

In 2010, Entertainment Cinemas sold the two lots totaling four acres for $2 million to the Hodges Companies.

The new plans consist of a 2,600 square- foot Dairy Queen, a 6,500 square- foot “proposed restaurant” and a 2,400 square- foot “proposed bank.”

City records show the two lots are currently valued at a combined $1.9 million.

The planning board will determine the application’s completeness later this month, and if approved, a public hearing and vote would be scheduled for May.

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