Groundbreaking on a state-of-the-art movie theater has
been delayed at Lenoir City’s Town Creek retail
development off U.S. Highway 321, but Lenoir City and
Town Creek development officials have said that other
future retail development in the area is still in the
works.
David Garfunkel & Co. Senior Vice President Joseph Goldstein, whose company owns the Town Creek property, said the developer hopes to soon make announcements of other big box retailers making the move to Lenoir City.
“We are hoping to move forward with it, and we have
a lot of other big box retailers that are planning
to come to town, and we hope to make some
announcements just as soon as they’ve gone through
their real estate committee,” Goldstein said Monday.
“We are actually hoping to break ground sometime
this summer on the whole project.”
During an announcement ceremony in late August,
David Garfunkel & Co. representatives outlined
potential retailers could include small clothing
shops, pet stores and eateries neighboring Marquee
Cinemas, which is based in West Virginia, that will
be built to the right of the current Food City
location off U.S. Highway 321.
Goldstein said the developer hopes to break ground
on retail space that will neighbor the cinema in
late summer with a grand opening ceremony slated to
be held by this time next year.
“The rest of the project is moving forward at a very
good pace, and we hope to be able to bring in some
very nice big box retailers,” he said. “We hope to
break ground sometime this summer or late spring
with a grand opening this time next year, early
2016.
“I really am not at liberty to disclose which
tenants we are speaking to at the moment, but we do
have a lot of very interested clients for Lenoir
City,” Goldstein said, adding that he hopes to
announce which big box retailers will relocate to
the area within “the next month or so.”
While he indicated that good news was on the horizon
for future retail development, Goldstein said the
cinema project is being delayed due to personal
issues in higher management staff within the
company.
Lenoir City Mayor Tony Aikens said he believes the
cinema will still make a positive impact on the
local economy.
“I’ve met with them before the holidays,” Aikens
said about cinema officials Monday. “I still feel
confident that they are going to build, and they
assured me that they are going to.”
The cinema, expected to rival other theaters in the
region and create 35-40 jobs, will include 10
screens, luxury, reclined and reserved seats with
digital technology and some 3-D screens.
Marquee President and Chief Executive Officer Curtis
McCall said in August that original plans were to
break ground on the theater in November and to open
the theater by sometime this summer.
Marquee also plans to build a new theater in
Bristol. The company has a total of 19 locations.
Aikens added that dining seating in the theater will
also be an added plus at the Lenoir City location.
“It will give families a place to go instead of
having to travel to Turkey Creek or on into west
Knoxville,” Aikens said. “I feel like it will be an
economic boost. I think we will have people
obviously from surrounding counties come to us (due
to) less traffic issues. I think people from
Maryville and people obviously from Loudon and
Athens and other areas will visit us, Oak Ridge.
“It’s supposed to be a state-of-the-art movie
theater,” he added. “You’re supposed to be able to
sit down and eat dinner as well as watch a movie. It
will be different than what we are used to when we
go to a movie theatre. So it will be huge for Lenoir
City and Loudon County, and we’ve worked very hard
to try to convince them of that, and they agree, and
the community supports it.”
Marquee representatives did not return phone calls
for comment.