Krikorian Premiere Theatres
 
 
Krikorian's First Out-of-State Project

12/09/2009


TORRANCE, CA - George Krikorian, President and CEO of Krikorian Premiere Theatres is announcing his plans for a new multi-million dollar project in Lexington, KY.

Krikorian recently met with the Lexington Urban City Council and has filed development plans with the Planning Commission regarding his latest mixed-use project that includes:

  • A 12-screen movie theatre
  • A 25,000 s.f. bowling alley
  • A grocery store
  • An amphitheatre
  • Split-level mixed-use space including residential & retail

     

    SITE PLAN

    PERSPECTIVE I

    PERSPECTIVE II

    PERSPECTIVE III

     

    As a horse-owner, Krikorian frequents Kentucky and eventually came across the 20-acre site. "I've gone to Lexington a few times. I got to looking around downtown and there was no sign of multiplex theater," Krikorian said.

    Feedback from the city has been extremely positive. In the midst of the worst recession in decades, "we still have people like you who are looking to Lexington to invest in," said Council Jay McChord. "We should do everything to help you that we can."

    The city's former economic development director, Councilman Julian Beard added, "My mouth waters when I see something like this."

    Krikorian has built more than 20 multi-screen theatres and has worked on several redevelopment projects. In 2002 the Monrovia Cinema 12 & LFX project was named the winner of a statewide Award of Excellence from the California Redevelopment Assocation. Krikorian Premiere Theatres, in the midst of its 25th anniversary, is still the leader in providing cutting-edge technology including a proprietary Digital 3DX projection system and the ability for live 3D satellite feeds.

    Media References

    Fayette Alliance (12.10.09)

    Showprop Lexington's TIF Application Approved by Council

     

    Lexington Herald-Leader (12.04.09)

    Lexington council to file financing application for Angliana development

    Fayette Alliance (11.25.09)

    Alliance Supports Showprop Lexington's TIF Application
    Fayette Alliance (08.14.09)

     

    LFUCG Planning Commission gives initial approval for Krikorian development

    Lexington Hearld-Leader (08.14.09)

    Angliana Avenue development gets preliminary nod

    Business Lexington (07.10.09)

    Kentucky's horse culture attracts entrepreneurs in seemingly unrelated industries

    Lexington Herald-Leader (06.24.09)

    Developer wants to build cinema, bowling alley, apartments on Angliana Avenue

    About Krikorian Premiere Theatres

    Krikorian Premiere Theatres (KPT) is currently celebrating its 25th Anniversary after opening the doors to the Peninsula Cinema 6 in Rolling Hills Estates on June 29, 1984.

    Always on the cutting edge, the Peninsula Cinema 6 was one of the first theatres to boast armrests with cup holders. Today, KPT is one of the few all-digital theatre chains in the United States. Out of its 105 screens, 21 screens are equipped with KPT's exclusive Digital 3DX system. KPT customers enjoy clear, sharp, saturated 3D images on screens as large as 60-feet.

    George Krikorian, owner and CEO of KPT, continues to expand and build theatres that combine luxurious surroundings with a high-tech environment.

    Contact:

    Nikki Kealalio
    Director of Marketing
    nikki@kptmovies.com
    310.856.1270 x125

    Reel Services Management, LLC

    Krikorian Premiere Theatres
    2275 W. 190th Street
    Suite 201
    Torrance, CA 90504

    www.kptmovies.com