Wednesday, February 25, 2009

NEW 10 SCREEN CINEMA AND SHOPPING CENTER COMING TO NORTH CRESTVIEW

A long awaited Shopping Center is coming to North Crestview. This is just another step in making Crestview a great place to live, work, and now PLAY.


City Council OKs sewer service for theater near Crestview
Planned 10-screen cinema will be part of a larger development off Richburg Lane
By BRIAN HUGHES Florida Freedom Newspapers

CRESTVIEW - A unanimous vote Monday evening by the City Council brought a much-anticipated 10 screen cinema closer to reality Local contractor Jack Jernigan, representing Keith Park Develop - ers, asked the council to approve sewer service for a commercial and residential development off Rich- burg Lane outside the city limits . The project, called Twin Creeks Crossing, will be behind the new Marquis Ranch Self Storage cen- ter on Industrial Drive near Rich burg Lane. Entrance to the theater property will be from Richburg . Jernigan said Keith Park Developers has obtained funding for the first phase of the development , which will include the 10-screen , 40,000-square-foot cinema as an anchor for a 30 ,000 - square - foot shopping center. The cinema will feature stadium - style seating, Jernigan said. The developers requested city sewer service because of time con- straints, and covenants of the loan commitment make that option bet- ter than a septic system , Jernigan said. " The cinema will take a year to be built," said Jernigan, who added that an opening date is tar g eted for April 1 , 2010. The project has been in the works for five years, he said. Jernigan said the developers will install traffic lights, widen roads and make other improvements to the area. The Martin family's produce stand has stood at the corner of Rich- burg and Industrial for 30 years. The first phase of the project will include the cinema and retail shops. “We have three to four restaurants that are interested in coming in if the cinema opens,” Jernigan said. A second phase to the east will feature a 92-unit complex of “very, very nice” apartments. The third phase, located to the south, will be a 170,000-square-foot business park with office and warehouse space and a farmers’ market. Although the developers prefer to negotiate with Okaloosa County for sewer service, Jernigan said they are seeking Crestview as a fallback to assure the project can get started before the funding opportunity expires. “I’m not asking the city to spend a nickel on this,” Jernigan said. “We will still generate hundreds of jobs. I’m just asking the city to back me with the sewer if we need it. “We will get the cinema done,” Jernigan assured. “The cinema will come in.” “I would welcome that type of thing,” Councilman Chip Wells said. “We’ve been waiting for something like this for a long time.”

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