Houston -- Square Mile Capital Management and Pacific Retail Capital Partners, owners of West Oaks Mall in Houston, announced an agreement with Regal Entertainment Group to bring its Edwards Theatres to the center with a 14-screen multiplex.
The Edwards Theatre will be the entertainment anchor for the redevelopment of the mall.
“Bringing a premier Edwards Theatre to West Oaks Mall is a key component in our program to enhance the center by providing entertainment and dining options for the mall,” said Steve Plenge, managing principal of Pacific Retail Capital Partners, the ownership’s operating partner.
Construction of the new Edwards Theatre at West Oaks will begin this spring with a projected opening in fall 2012.
“Edwards West Oaks Stadium 14 will feature all the latest technology and amenities. Our new theatre will complement the expanded dining options coming to West Oaks Mall,” said Dick Westerling, senior VP marketing and advertising for Regal Entertainment Group.
Since acquiring the center in December 2009, the mall ownership has introduced a new property management and leasing team to the center, PRCP Management and Collarmele Partners. This team has overseen a program of improvements to the center largely to address deferred maintenance, created a master plan to reposition the center and developed a targeted leasing plan.
The new Edwards Theatres will reposition the mall’s west wing, creating the setting for a new interactive pedestrian plaza surrounded by three new restaurants with outdoor café seating. Alamo Drafthouse Cinema will continue to operate undisturbed through the construction, offering its unique combination of first-run films, dining and special events.
West Oaks Mall is a 1-million-sq.-ft. enclosed regional mall, anchored by Dillards, Macys and Sears.