The whole thing is odd and unprecedented. If this turns out to be the case, I wonder if Warren is running his company as a luxury theater developer that immediately sales to Regal to run and own? Right now the Warren website branches off between new and current Warren theaters. Why keep the fact that the new theaters will also be run by Regal on the down low? If I were a city, I wouldn't want to offer up any incentives to Warren Theaters unless I knew what their future plans are with the site.