DEL CITY OKS BONDS FOR SITE
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OKLAHOMA CITY SLATED FOR ITS FIRST IMAX SCREEN
Journal Record, The (Oklahoma City)
A planned open-air lifestyle center in north Oklahoma City got a piece of good news with the commitment from a national theater chain to bring a movie theater to include the city's first IMAX screen.
The project, called Quail Springs Village, is set on about 255 acres just north of Quail Springs Mall and bordered by Pennsylvania and May avenues and NW 150th Street.
John Hartley, chief executive of Overland Park, Kan.-based Dickinson Theatres Inc., said the company has signed a letter of intent with Quail Springs Land Development, led by Larry Owsley, to put a theater on the site.
"Quail Springs Village is the first and foremost contemporary urban lifestyle center with all the amenities Dickinson Theatres looks for, including a large retail and restaurant base within the entertainment district, as well as a large section of lodging and upscale housing," Hartley said.
Dickinson also owns and operates a movie theater at Penn Square Mall and another in Yukon.
Quail Springs Mall is home to a 24-screen theater operated by AMC Theatres.
Plans call for a 13-screen cinema to include the IMAX screen in about 50,000 square feet on a 12-acre tract in the development. The IMAX theater will have seating for 525 and the total seating for all 13 theaters will be about 3,000.
All of the theaters will also be equipped with digital 3-D capabilities.
Dickinson has obtained the exclusive IMAX rights for the Oklahoma City market and all of its subsequent content from educational films to theatrical releases. There is an IMAX theater in Tulsa owned by Cinemark at 10802 E. 71st St. South.
"For a quality cinema organization such as Dickinson Theatres to evaluate this market and choose to make it the home of an IMAX and 3- D complex at Quail Springs Village will be important to this development, and to the future of the city," Owsley said.
Earlier this year, Owsley laid out preliminary plans for the project that could eventually run about $500 million to $800 million and eventually include retail, office and residential components.
Dickinson plans to break ground on the project this coming spring with a completion date in spring 2009.
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