The Sundance Cinema complex at 40th and Walnut Streets has been put on hold since October, when General Cinemas, which was providing most of the financing, filed for bankruptcy. The University is attempting to find another financial partner for the complex, which included plans for a restaurant, café and other amenities. According to Tom Lussenhop, Penn’s managing director of institutional real estate, “Penn and Sundance are both interested in an ongoing role for Sundance,” which is the creation of film legend Robert Redford.
