Charlotte-based Stone Theatres announced on Thursday that the company plans to build a 14-screen movie theater at Barclay Festival, a 34-acre mixed-used development at Independence Boulevard and 17th Street.
The 55,000-square-foot cinema is expected to open in late fall 2016 or early 2017, according to a news release from the company. The theater will feature more than 2,800 stadium seats, 14 full expanded wall-to-wall screens, 2D and 3D digital projection, a PDX premium deluxe auditorium, state-of-the-art digital sound systems, and captioning and descriptive service for hearing visually impaired guests.
“There is tremendous pent up demand in this area of Wilmington for a second multi-screen cinema,” said Herman Stone, president and CEO of Stone Theatres. “Our facility will be a modern and convenient show palace that will fulfill a need for the growing community and create synergy within the development. We expect to build a state-of-the-art cinema unlike any other in the market and are thrilled to be a part of this project.”
Barclay Festival is a joint venture development between Cameron Land Company of Wilmington and Collett of Charlotte.
According to Hill Rogers, Broker in Charge, Cameron Management Inc., Barclay Festival will also feature a grocery store, numerous restaurants and shopping, all within a walkable master planned community.
“We are thrilled to have Stone Theatres committed to our project in Wilmington,” Rogers said. “Herman Stone and his team are a first-class organization, known in the industry as a leading regional operator with decades of experience building and operating high end cinemas. We expect this cinema will be a catalyst for drawing thousands of customers on a weekly basis to Barclay Festival.
“This development will create jobs and an economic boost to the community.”