Business & Finance

Historic Wellmont Theater Sold to Pinnacle Companies


MONTCLAIR, NJ - The Pinnacle Companies have announced their purchase of Montclair's historic Wellmont Theater.

The Pinnacle Companies, along with its institutional investor, a global commercial property company that owns, operates and invests in bestin-class assets, announced that the firms have collaborated to purchase the Wellmont Theater. 

The team is currently investing significant dollars to renovate and upgrade the property, originally built in 1922 as a live theater and converted to a motion picture theater in 1929 where the original entrance was located at 400 Bloomfield Ave. The team plans on turning it into a world-class live entertainment venue.

Sign Up for E-News

“The Wellmont Theater is a tremendous asset for the Township of Montclair, and we are thrilled to bring it up to its full potential as a regional attraction,” said Brian M. Stolar, president and chief executive officer of The Pinnacle Companies. Live Nation Entertainment, the largest concert promoter in the world, will program and manage an expanded lineup of performances and programming when the theater reopens in September.

“We’re planning to offer more shows and a greater variety of live entertainment options at the Wellmont than before – with a mix of small, medium and large performances,” said Sean Striegel, regional senior vice-president of music for Live Nation Entertainment. A music-themed restaurant and bar will be located in the former Xocolatz restaurant space adjacent to the theater, offering food and drink options for patrons. The restaurant will be connected to the lobby of the theater, as originally designed in 1922.

The team is also pursuing the acquisition of the former Social Security building adjacent to the Wellmont Theater on Bloomfield Avenue in order to support the future, long-term success of the theater in particular and the arts district overall. 

In the 1930s, Thomas Edison, inventor of motion pictures, attended movies at the Wellmont. In the 1970s, the theater was tri-plexed and the entry was moved to Seymour Street, while the original lobby was converted to a restaurant. The Wellmont closed in 2006 and reopened in 2008 as a concert venue, with capacity for 2,700 (1,600 for seated shows), making it the largest theater venue in the area. 

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News


Philip Roth's Childhood Home Still Standing in Newark

May 24, 2018

Newark, NJ—The house at 81 Summit Avenue in Newark's Weequahic neighborhood is otherwise unremarkable expect for a sign attached to its faux flagstone facade noting that the home has been designated a historic site -- the childhood home of celebrated author Philip Roth, who died Tuesday at the age of 85.

There were no crowds outside the home to pay homage to the ...

Giamarese Farms and Farmers Against Hunger Grow Food for Those in Need

May 27, 2018

EAST BRUNSWICK, NJ - On a hot Friday morning before Memorial Day, volunteers were hard at work planting eggplant, tomatoes, beans and other veggies here in East Brunswick as part of an initiative by the activist group Farmers Against Hunger.  The plot on Fresh Ponds Road was donated by Jim Giamarese, and the labor was provided by corporate volunteers and local farmers.  ...

Upcoming Events

Tue, May 29, 7:00 PM

Montclair Public Library Auditorium, Montclair

Open Book/ Open Mind: CODE GIRLS with Liza Mundy ...

Arts & Entertainment Education

Tue, May 29, 7:00 PM

Studio Playhouse, Upper Montclair

Into the Woods Auditions

Arts & Entertainment

Letter to the Editor: Gum Litter and what YOU can do about it

May 16, 2018

Gum is non-biodegradable, meaning it doesn't’t break down ever….

Today, the unlikely problem surfaces. The average person chews 275 sticks of gum per year. With the amount of people in daily society, it’s no mystery why chewing gum is the second most littered item after cigarette butts.  Did you know that gum is banned in Singapore?

In addition to littering human ...

Montclair Police Blotter: Vandalism to Parked Cars, Mysterious Parking Meter Crash, and More

May 23, 2018

MONTCLAIR, NJ - The following blotter was compiled and released by the Montclair Police Department on May 22, 2018:

05-15-2018 (Orange Road) Mr. Danny Josama, 42yoa from West Orange, was arrested and charged with
05-21-2018 (Wellmont Theater) Mr. Marcelo Dasilva, 40yoa from Montclair, was arrested and charged
with Burglary and Criminal Mischief for entering the Wellmont ...

'Turning Off the Morning News' brings comic twist

‘Turning Off the Morning News’ tackles today’s issues with a comic twist

By Liz Keill

PRINCETON, N J – Despite the late night comics, no one quite captures the insanity of the political/social status world like Christopher Durang.

His latest play, “Turning off the Morning News” hit the ground running.  John Pankow as Jimmy addresses the audience, ...

'To Kill a Mockingbird' Sustains Timeless Appeal

SUMMIT, NJ – The Summit Playhouse provides a stellar production of a much loved classic, “To Kill a Mockingbird.”

The Harper Lee novel, later a Gregory Peck film and now a stage production, retains all the warmth, intensity and integrity that made it such an appealing hit in the 1960s. And there will be a new production on Broadway in December with a script by Aaron Sorkin ...

Grow an Abundant Tomato Harvest in a Pot

May 26, 2018

SOUTH PLAINFIELD, NJ - Harvest and enjoy the garden-fresh flavor of tomatoes right outside your kitchen.  Grow them in containers set on your patio, balcony, deck or stairs. You’ll enjoy the convenience of harvesting fresh tomatoes just a few feet away from where you prepare your meals. And your guests will enjoy harvesting fresh tomatoes to add to their salad or sandwich.

Tomatoes ...