LACENTERRA AT CINCO RANCH ANNOUNCES ALAMO DRAFTHOUSE TO ANCHOR FINAL PHASE OF DEVELOPMENT
HOUSTON, TX — January 12, 2017 — Houston‐based developer Vista Equities Group and Amstar Group, its equity partner, are pleased to announce that the Final Phase of LaCenterra at Cinco Ranch will be anchored by a new 37,000 sq. ft. Alamo Drafthouse Cinema. Construction is scheduled to begin in March 2017 with Alamo Drafthouse Cinema anticipated to open in Spring 2018. The Final Phase will be located on the southeast side of LaCenterra at Cinco Ranch and will consist of the new Alamo Drafthouse Cinema, an additional 7,500 sq. ft. of retail space and a 6-story parking garage.
Alamo Drafthouse LaCenterra will feature eight screens of new releases, classics, independent films, foreign movies and Alamo’s unique signature programming. The facility will have eight auditoriums, seat approximately 900 people and will feature new luxurious wide seats throughout. All theaters will also feature 4k digital projection and state-of-the-art digital surround sound. Additionally, the layout of each auditorium will eliminate the traditional front row, ensuring every seat in the house allows for a great viewing experience.
The theater will also feature an adjacent bar/lounge, outdoor patio seating, a large selection of craft beers on tap and in bottles and handcrafted cocktails designed by award-winning Beverage Director Bill Norris.
“The new Alamo Drafthouse LaCenterra location will allow us to provide our guests with an Alamo Drafthouse experience unlike anything they have experienced in the Houston-area,” said Neil Billingsley-Michaelsen, President and CEO of Triple Tap Ventures LLC, the owner and operator of the Houston Alamo Drafthouse Cinema location. “We will offer the same special events, menu offerings and no-talking policies that we are known for, but in a brand new, state-of-the-art movie theater.”
“We are excited to announce the continued growth of LaCenterra with the Final Phase of development and Alamo Drafthouse Cinema is the perfect addition,” said Lindsay Kaye, Director of Marketing and Public Relations for LaCenterra. LaCenterra at Cinco Ranch is a 34-acre, over 360,000 sq. ft. (410,000 sq. ft. upon completion) mixed-use development located on the western edge of metropolitan Houston in Katy, TX. Located on the Grand Parkway just three miles south of I-10 with prominent freeway visibility, the property is nestled in the heart of Cinco Ranch, one of the nation’s premier master planned communities.
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About LaCenterra at Cinco Ranch
LaCenterra at Cinco Ranch, located at 23501 Cinco Ranch Boulevard, Katy, Texas, is a 34-acre, over 360,000 square foot mixed-use development on the western edge of metropolitan Houston right off the Grand Parkway, three miles south of I-10. LaCenterra provides a balance of nationally recognized stores, eclectic shops and dining options that showcase unique local and regional flair. The property is nestled in the heart of Cinco Ranch, one of the nation’s top-selling master planned communities. Center hours: Monday-Saturday, 10:00 a.m. – 9:00 p.m. and 12:00 p.m. – 6:00 p.m. on Sundays. Individual retail and restaurant hours may vary. For more information, visit www.LaCenterra.com or connect with LaCenterra at www.Facebook.com/LaCenterra, Twitter @LaCenterra, and Instagram @LaCenterra.
About The Vista Companies
Established in 1985, the Vista Companies is a Houston‐based real estate services group specializing in real estate development, brokerage, leasing and property management. The company is comprised of Vista Equities Group, Vista Management Company and Vista Brokerage Services. Vista Equities focuses on the development of new properties and the acquisition of existing income‐producing properties, while Vista Management provides leasing and property management services for third party owners and Vista’s own investment partnerships. The newly formed Vista Brokerage Services secures existing properties for Vista and provides brokerage services for third party owners. Combined, senior development and property management teams represent over a century of experience in the Texas real estate market. For more information on the Vista Companies, visit www.vistahouston.com.
About Amstar Group
Established in 1987 and headquartered in Denver, Colorado, Amstar is a real estate private equity company that acquires, develops and manages all major property types in the United States and in select international markets. Amstar focuses on investing in high-quality and well-located properties with value-add risk profiles in the United States while pursuing opportunistic investments internationally. Amstar is a privately-owned company with 38 professionals across offices in Denver, London, Bermuda, Istanbul and Warsaw. The company is based on a culture of trust, integrity, and respect. For more information, visit www.amstar.com.
About Alamo Drafthouse
Tim and Karrie League founded Alamo Drafthouse Cinema in 1997 as a single-screen mom and pop repertory theater in Austin. Twenty years later, the now 25-location chain has been named “the best theater in America” by Entertainment Weekly and “the best theater in the world” by Wired. The Alamo Drafthouse Cinema has built a reputation as a movie lover’s oasis not only by combining food and drink service with the movie-going experience, but also introducing unique programming and high-profile, star studded special events. Alamo Drafthouse Founder & CEO, Tim League, created Fantastic Fest, a world renowned film festival dubbed “The Geek Telluride” by Variety. Fantastic Fest showcases eight days of genre cinema from independents, international filmmakers and major Hollywood studios. The Alamo Drafthouse’s collectible art gallery, Mondo, offers breathtaking, original products featuring designs from world-famous artists based on licenses for popular TV and Movie properties including Star Wars, Star Trek & Universal Monsters. The Alamo Drafthouse Cinema is expanding its brand in new and exciting ways, including Drafthouse Films, founded in 2010, which has already garnered three Academy Award nominations and Birth.Movies.Death., an entertainment content platform for movie lovers.
About Triple Tap Ventures LLC
Triple Tap Ventures LLC owns and operates the Houston metropolitan area, Lubbock and El Paso Alamo Drafthouse Cinema locations. Triple Tap Ventures and its principals are focused on developing, owning, and operating strong regional and national hospitality and entertainment concepts. www.tripletapventures.com.