Parkway Deal Falls Through

On March 22, the Parkway Theater closed its doors. Two months and a week later, we learned that a group of midwestern investors known as Motion Picture Heritage Corporation had designs on the Parkway. The pairing seemed perfect: a run-down theater in need of a new lease on life and a band of vintage theater lovers with money and a record of success. As recently as late July, the solution seemed inevitable — MPH had engaged in promising talks with Oakland’s city council and redevelopment agency as well the theater’s landlords.

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