Wallace Gives Update for Movie Theater/Library Project

Rumor has it that a big part of Wallace Bajjali's redevelopment plan for Joplin - the combination movie theater and library at 20th and Connecticut - has been dropped by the Texas-based group. CEO David Wallace told the KZRG Morning News Watch in an exclusive interview this morning that's not technically true: while the reins have been passed to the City of Joplin, Wallace Bajjali will still be involved.

"By their rules and regulations, the EDA grant for this project has to go to a municipality, not a private group. The building itself will be owned by the city, then in turn the city will enter into a long-term lease with us and our movie theater operator."

Wallace adds that his group is hoping Mercy executives will approve their pitch to build a science center on the old St. John's Hospital property:

"We're looking at a Science Center or Discovery Center that will be there, but will also have a private component like a restaurant or some retail, so that private sector cash flow can help support the operating requrements of the Center itself."

Wallace adds that we should see construction "relatively soon" on a couple of projects, like a senior transitional housing project.

You can hear the full interview in our featured audio section.
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Location : JoplinTexas
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