July 10, 2017 Comments Off on AMC Readies for Third Austin Theater Views: 775 Austin, Texas News

AMC Readies for Third Austin Theater

AMC Entertainment Inc. is planning to open its third Austin-area theater. The Leawood, KS-headquartered AMC is partnering with Seritage Growth Properties in New York City to launch a 10-screen theater in Northeast Austin’s Tech Ridge area. Seritage acquired the property in 2015, as part of a $2.7 billion deal that brought it 230 Sears stores nationwide.

A 172,000-square-foot Sears Grand store currently sits on the 25-acre site at Palmer Lane and Interstate 35. According to a master-lease agreement, Seritage has the right to recapture space from Sears Holdings at each property for new tenants or redevelopment.

The 45,000-square-foot AMC theater will offer a MacGuffins Bar & Lounge, which offers moviegoers a place to go for drinks. Construction on the theater will begin in late 2017, with completion anticipated in 2019.

Read More at Austin Business Journal

Connect with AMC Theater

Subscribe to Connect Daily Texas

For comments, questions or concerns, please contact Amy Sorter

Tags: ,

Comments are closed.