Blankenbaker movie theater aims to offer high quality movie experience
LOUISVILLE, Ky. (WDRB) -- Plush leather recliners, two of the largest screens in Louisville, and the latest sound and picture technology are set to make a new movie theater off Blankenbaker Parkway the premiere theater in Louisville.
"We're going to offer something a little bit different," said CEO of Patoka Capital Chance Ragains. Patoka owns Xscape Theatres, the group that is developing the new movie complex.
Ragains said the facility will have 14 screens and 1,600 seats. Every seat will be an electric reclining chair -- a first for Louisville, according to Ragains.
The theater is the first major retail addition to the Blankenbaker Station development, according to developer of the business park John Hollenbach.
"That visibility to I-64, we were holding for the right use," said the Hollenbach-Oakley partner. "With about 110,000 cars a day going by that site, we wanted to make sure we got a user that appreciated that."
Hollenbach said Xscape Theatres is the perfect candidate. A family owned business based in New Albany, Patoka Capital has experience running movie theaters. The company sold more than 20 theaters in November 2012 under the name Great Escape.
"We had been in the business for nearly 15 years and felt the time was right," said Ragains. "It gets in your blood so we made the decision less than a year later to open up a couple other locations."
Hollenbach said the movie theater will be situated next to a 60,000 square foot entertainment complex that includes games, bowling and restaurants. Hollenbach would not name the company behind the complex, but Ragains said it will be good for business.
"You want to become an entertainment destination for people," said Ragains. "The visibility from the interstate, the easy access will help that."
Focused on office space since breaking ground in 1994, Hollenbach said its time to welcome retail. Right now, he said, Blankenbaker Station is home to 12 to 15 companies and 10,000 employees.
"It's a park that's designed with a higher standard," he said. "For businesses that want to not only make a statement for themselves and want a facility that represents who they are, but a location that will help them attract and retain good employees."
Currently around 600 acres, Hollenbach says Blankenbaker Station will grow to 1,000 acres. He said completion will take another eight to ten years.
Copyright 2015 WDRB News. All Rights Reserved.