After months of uncertainty surrounding its future, IPIC Theaters at Pike & Rose appears set to remain open.
A WARN notice filed with the State of Maryland on March 2 indicated that the luxury theater at 11830 Grand Park Avenue in North Bethesda was expected to close on April 28, potentially impacting 116 employees. When that date passed, employees told The MoCoShow that the theater would remain open temporarily, though they were unsure what the long-term future would hold. Now, that future appears much clearer.
CMX Cinemas announced Monday that select assets of the IPIC brand, along with several IPIC theater and restaurant locations, have become part of the CMX Cinemas portfolio. As part of the transaction, CMX confirmed that IPIC North Bethesda at Pike & Rose and City Perch Kitchen + Bar are among the locations that will continue operating…