A dine-in AMC movie theater has been added to the plans for redevelopment of the Villa Marina Marketplace in Del Rey.
Jones Lang LaSalle (JLL), the property manager and leasing agent for Villa Marina Marketplace, announced that AMC Entertainment Inc. has signed a lease for a new 34,318-square-foot dine-in theater.
It was the second significant lease agreement in the planned $25 million redevelopment of the 419,000-square foot shopping center after Equinox Fitness Center signed a lease for 30,000 square feet in May, JLL officials said.
The retail center along Maxella Avenue is slated for remodel with a mid-century modern design in a two-level format by the Seattle-based architectural firm Callison, LLC. The redevelopment is scheduled to begin in the fall with anticipated completion in the summer of 2012.
The new AMC dine-in theater, which will replace another movie theater, is scheduled to open in late spring 2012.
“As an anchor tenant at Villa Marina Marketplace, this new AMC entertainment and dining concept will provide consumers with a great, casual theater/restaurant night out in the Marina del Rey trade area,” said JLL Senior Vice President John Schupp.
The concept combines restaurant cuisine and cocktails with the traditional movie experience. The new auditoriums will feature upgraded seating, advance reserved seating and seat-side service, according to AMC.
“We are excited to bring the first AMC Dine-In Theatre to the Southern California area at Villa Marina Marketplace,” said Mark McDonald, executive vice president of global development for AMC. “Our success with this concept in other markets is indicative of our ability to take the dinner and a movie idea to the next level.”
JLL Senior Vice President William P. Huelsman believes the addition of Equinox and the AMC theater will help transform Villa Marina into a “centerpiece of vibrancy for the community creating a synergy of entertainment, dining and fashion.”
JLL officials say the remodeled specialty center is designed to capitalize on the outdoor lifestyle of Southern California and the beach community, featuring inviting, casual seating covered by trellises and umbrellas, new lighting, sustainable development and landscaping.
The design is intended to combine a connection to the beach with upscale store/restaurant offerings, JLL officials say. They note that interest by national and regional retailers, restaurateurs and entertainment concepts is growing as the remodel proceeds.