GAINESVILLE, Fla., Aug. 19, 2016 /PRNewswire/ -- Celebration
Pointe, a premier mixed-use development located in the heart of
Gainesville, Florida, and Regal
Cinemas announce the commencement of construction of a new ten
screen luxury theater with recliners. This state-of-the-art luxury
theater will join Bass Pro Shops, Hotel Indigo and InfoTech as
several of the project's marquee anchor tenants.
"Regal Cinemas couldn't be more pleased to be a part of
Celebration Pointe and its addition will truly round out a premium
mix of anchor tenants," said Ken
Thewes, Chief Marketing Officer at Regal Entertainment
Group. "This cinema will be a great new entertainment destination
offering a wide variety of specialty food and drinks, luxurious
King Size recliners and cutting-edge technology to deliver
comfortable surroundings and cinematic perfection."
"The continued growth and development of this unique project is
a testament to the efforts and hard work from all our partners and
team members as well as the support we've received from the
Gainesville community. We are
thrilled to bring the city an exceptional luxury movie theater,"
said Ralph Conti, Principal of
Atlanta based Ra Co Real Estate
Advisors and Celebration Pointe Partner. "We believe Regal Cinemas
will enhance the entertainment experience at Celebration Pointe
which will provide Gainesville and
the entire north central Florida
region with one of the premier live, work and play environments in
the country."
"In addition to the theater, construction will begin on
approximately 300 luxury apartments as well as second office
building known as 4901 Celebration Pointe Avenue this fall. Also,
our 137 room Hotel Indigo will break ground later this year or
early 2017," said Conti. "Our residential offerings, which are
comprised of Garden Style, Flats and for sale Town Homes, will be
second to none. 4901 represents our second Class A office building
to go along with Info Tech, currently under
construction."
About Regal Cinemas
Regal Entertainment Group (NYSE: RGC) operates the largest and
most geographically diverse theatre circuit in the United States, consisting of 7,307 screens
in 564 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia as of June 30, 2016. The Company operates theatres in
46 of the top 50 U.S. designated market areas. We believe that the
size, reach and quality of the Company's theatre circuit not only
provide its patrons with a convenient and enjoyable movie-going
experience, but is also an exceptional platform to realize
economies of scale in theatre operations. Additional information is
available on the Company's website at www.REGmovies.com.
About Celebration Pointe
Celebration Pointe is a premier mixed-use development comprised
of a unique blend of entertainment and outlet retail, dining,
specialty retail, Class A office, hospitality and several
residential offerings. The 125-acre development is located on
Interstate 75 at Archer Road in the heart of Gainesville, Fla. Is Florida's first transit oriented developments
with sustainable design features. The very pedestrian friendly
environment will feature pocket parks, connectivity to a premier
walking and biking trail (Archer Braid Trail) and year-round
events. Billed as one of Florida's
most exciting new projects, Celebration Pointe's diverse
mix-of-uses will provide the best attributes of an energized and
engaging urban environment. For leasing opportunities or more
information, please visit: www.celebrationpointe.com.
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SOURCE Celebration Pointe