Lenoir City's Town Creek retail development will be home to a new, state-of-the-art, 10-screen, 1,800-seat movie theater complex that will rival any cinema in the region, city officials said Thursday.
West Virginia-based Marquee Cinemas will invest about $9 million in the 45,000-square-foot facility, to be located off Town Creek Parkway near Interstate 75 and Highway 321. "This new cinema will be the equivalent or better than anything in the 16-county region," said Lenoir City Mayor Tony Aikens.
Aikens said the new cinema will draw more restaurants and retail business to the growing Town Creek Development. The more than 200-acre property is poised to become a smaller version of the Turkey Creek shopping complex in Knoxville, he said.
Joseph Goldstein, senior vice president of developer David Garfunkel & Co. of Savannah, Ga, said interest in the complex is growing. Several softgoods retailers, shoe stores and pet supply stores have signed letters of intent to occupy space near the cinema, he said. "The theater is the impetus to make other things happen," he said.
Marquee President Curtis McCall said the new cinema should open in June or July of next year and will create about 35 new jobs. It will have state-of-the-art 3-D screens and the most advanced digital sound available, he said.