Business

Drive-in movie theater in New Hampshire to be sold, condos proposed

LACONIA, N.H. (AP) — One of New Hampshire’s last drive-in movie theaters is going to be sold for $2.5 million to a businessman with plans for condominiums and commercial development in its place.

The Laconia Sun reports Patricia Baldi has owned the Weirs Drive-In since 1974. She said the land is more valuable than the business, which is open about 12 weeks a year.

Al Mitchell, the buyer, owns properties in the area. He hopes to build up to 80 condominium units, an event center, a hotel and other businesses. He said he hopes to create the kind of attractive and successful commercial and tourism community that took place in Meredith in the 1980s.

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The Weirs Drive-In was built in 1948. Baldi said her son, Larry, plans to open another drive-in theater elsewhere.