Arlington Drafthouse Bankrupt
If Obama bails anybody else out this year, I hope it’s the Arlington Drafthouse.
The Arlington Cinema and Drafthouse has been a frequent destination of mine for cheap flicks and drinks. In fact I recently went there earlier this month to take in a screening of Adventureland. The place is a little out of the way in Arlington, located on Columbia Pike, a good distance from the Metro, but it always attracts crowds looking to enjoy the second-run screenings, stand-up comedy, or Redskins games during football season.
That being said, it was sad to learn that the Arlington Draft House has filed for Chapter 11 bankruptcy. According to the Washington Business Journal, “Arlington Cinema Inc. listed assets of less than $100,000 and debt between $1 million and $10 million.” The report cites that the biggest chunk of that change is $5 million owed to landlord of the Montgomery Drafthouse, the failed expansion that was closed seven months ago.
While the lawyers representing the Drafthouse say that operations will continue under reorganization, I hope that the Arlington Drafthouse remains open for years to come. Like drive-in movies, the Drafthouse represents a unique movie-going experience that provides a needed alternative to the commercial monsters of AMC and Regal.
With everyone so down in the dumps over the economy we need entertainment more than ever, and that’s the value The Arlington Drafthouse provides to Arlington and the community.