Coming soon to a mall near you.Byline: Joe Mosley The Register-Guard Regal Cinemas put the previews and cliffhangers behind it on Friday, confirming that months of speculation were correct by announcing plans to build a 15-screen, 3,300-seat movie theater at Valley River Center Valley River Center is a shopping mall located in Eugene, Oregon. As the largest shopping center south of Portland and north of San Francisco, this mall comprises over 130 local and national stores and restaurants. . The new Regal Cinemas Valley River Center Stadium 15 will feature stadium seating for improved views of the screens, rocking recliner seats with cup holders that retract TO RETRACT. To withdraw a proposition or offer before it has been accepted. 2. This the party making it has a right to do is long as it has not been accepted; for no principle of law or equity can, under these circumstances, require him to persevere in it. to form two-person love seats, and digital surround sound An audio recording and playback system that uses five or more channels plus a subwoofer channel. See 5.1 channel and 3D audio. systems. The new theater will be built on Valley River's southwest side where the former Montgomery Ward building is being demolished de·mol·ish tr.v. de·mol·ished, de·mol·ish·ing, de·mol·ish·es 1. To tear down completely; raze. 2. To do away with completely; put an end to. 3. . It is expected to attract additional shoppers to the mall and boost business at existing stores and restaurants. "I think in addition to just being a draw, it has significance in two other ways," Don Foster, Valley River Center's general manager, said Friday. "It is located on the river side of the property, and because it is a cinema it is capable of pulling traffic around to that side. And I think it will have an impact on evening hours ... and stretch the shopping further into the day. "I think it's as significant as any other anchor we could provide for the center." Grosvenor Group The Grosvenor Group is a property company which is privately owned by the Duke of Westminster, who is the third wealthiest man in the United Kingdom after Lakshmi Mittal and Roman Abramovich. , a London-based property investment firm that owns Valley River, confirmed last month that a lease agreement had been reached with a new occupant occupant n. 1) someone living in a residence or using premises, as a tenant or owner. 2) a person who takes possession of real property or a thing which has no known owner, intending to gain ownership. (See: occupancy) for the long-vacant Montgomery Ward site - and acknowledged that there had been much local speculation about a theater at the location. But David Olson, a senior vice president with Grosvenor, declined at the time to "jump the gun and announce anything before its appropriate time." That time came Friday, when Olson lauded the theater plans in a joint statement with Regal spokesman Dick Westerling. "This cinema will be a top entertainment attraction for the people of Eugene and Spring- field, at the same time strengthening Valley River Center as a core shopping destination in the community," Olson said in the announcement. Westerling, Regal Entertainment Group's senior vice president of marketing and advertising, added that he is "certain that Eugene residents will be impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with the new theater" and its impact on existing mall businesses. The new theater apparently will mean an end to Regal's Cinema World 8, across Valley River Way from the main mall The Main Mall was an outdoor pedestrian shopping plaza in downtown Poughkeepsie, New York, which was in existence from 1973 until 2001. A urban renewal project designed with the intention of stopping the decline of the central business district of downtown Poughkeepsie, the mall . The building is likely to be torn down or remodeled for other retail or restaurant uses, Foster said. "Regal's intention is to no longer operate the existing cinema," he said. "There is little expectation it's a usable USable is a special idea contest to transfer US American ideas into practice in Germany. USable is initiated by the German Körber-Stiftung (foundation Körber). It is doted with 150,000 Euro and awarded every two years. building in its current form. A more likely outcome would be to remove the building and find the next best and highest use." The new theater's 15 screens will compete most directly with rival Cinemark's two theater complexes at Springfield's Gateway Mall Gateway Mall may refer to:
Friday's announcement did not say when the new theater is expected to be completed, and Foster said it will depend on how much of the architectural work already has been completed by Regal. The Montgomery Ward building has been "decommissioned" over the past several months with the removal of its mechanical systems. Demolition Demolition is the opposite of construction: the tearing-down of buildings and other structures. It contrasts with deconstruction, which is the taking down of a building while carefully preserving valuable elements for re-use. work on the 98,234-square-foot building is expected to be completed over the next few months, and the 73,000-square-foot theater complex will be built on its site. The Montgomery Ward building has been largely vacant since the department store chain filed for bankruptcy in 2001 and closed 252 stores nationwide. Rife's Home Furnishing leased space in the building for several months but now occupies the second-floor storefront previously leased by Mc- Kenzie Outfitters. Regal Cinemas last planned an expansion in the Eugene-Springfield area in 1998, when the company contemplated a 16-screen theater near Fred Meyer on West 11th Avenue. The plans eventually were scrapped, as the company struggled under heavy debt. |
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