The Novum Times

Twilight Drive-in to close after huge jump in property value

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The Novum Times
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Langley’s Twilight Drive-in Theatre — the final of its variety in Metro Vancouver — will likely be no extra in 2024.

On Thursday evening, the drive-in operators posted on Fb that they’d shut on the finish of the displaying season subsequent fall because of unrelenting property tax hikes that have been being handed on to the enterprise.

“It’s with heavy coronary heart that we announce at this time that subsequent season would be the final for the drive-in because of a 260 per cent improve in property taxes over the past three years,” the assertion learn.

“With a 72 per cent improve on this yr alone our landlord has knowledgeable us that they won’t be renewing our lease.”

The drive-in theatre was opened in 2005 on 260th Road simply off Fraser Freeway and provided moviegoers a style of what was as soon as a North American establishment from the Fifties to Nineteen Eighties with individuals capable of watch a film from the consolation of their car.

Twilight Drive-in in Langley
The Twilight Drive-in in Langley will shut in 2024 due to an enormous property worth improve that impacts the lease value. Picture by Twilight Drive-in

The drive-in nonetheless presents couple’s nights at $45 for a car, two individuals, a big popcorn and two medium drinks. It’s open seven nights per week and positioned at 3350 260th Road in Aldergrove. The opposite enterprise on the lot is Dawn Trailer Gross sales.

In response to B.C. Evaluation Authority information, the drive-in occupies the highest half of an 11-acre lot zoned for industrial use that was valued at $38,944,000 on July 1, 2022. One yr earlier it was assessed at $25,827,000, so the lot elevated in worth by 50 per cent in a single yr.

Against this, a equally sized lot straight north of the drive-in is value simply $2.8 million as a result of it’s on agricultural land reserve.

Twilight Drive-in
Twilight Drive-in in Langley sits on property that’s assessed at nearly $40 million. Picture by Twilight Drive-in

dcarrigg@postmedia.com

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