Development introduces Regency Cinelounge to Auckland
Botany town centre will establish its entertainment precinct with a $15.3 million 8-screen cinema complex & adjoining restaurants.
Berkeley Cinemas Group, a joint venture between private local company Everard Entertainment Ltd (Barrie Everard) & Reading Cinemas of the US, has signed a 20-year lease on the 1st-floor complex.
Opening is scheduled for late 2004, in time for the Christmas season.
AMP Property Portfolio general manager Murray Jordan said the cinema complex would complete the vision for a town centre held by AMP when it had the 17ha property designed as an indoor/outdoor shopping centre, in precincts, linked across its main parking area to an existing bulk retail precinct.
The cinemas will be tied into the Sunset Terrace precinct.
The town centre is owned jointly by the AMP Property Portfolio and AMP Diversified Property Trust (in the process of being taken over by Stockland Property Group of Australia).
Berkeley has 3 Auckland cinema locations â€“ Mission Bay, Takapuna & Whangaparaoa. â€“ but Botany will be its 1st in the region with Regency Cinelounge-class seating. Located in an exclusive area at the rear of the 3 largest Botany, Regency Cinelounge class will be fully licensed and offer spacious armchair seating, with access to a bar & lounge and a menu of appetisers.
The concept was launched in New Zealand at Reading Cinemas’ Courtenay Central in Wellington, and Berkeley general manager Brian Eldridge said it had enhanced the cinema-going experience while remaining affordable.
The Botany complex will have 1800 luxury high-backed seats and 1 of the 8 theatres will be a “signature house” auditorium, with a 21m screen and a capacity of more than 450 seats.
The Property Portfolio is an unlisted wholesale fund which owns 24 office, industrial, retail, hotel & development properties worth $482 million. aMP Diversified is co-owner of Botany, the Manukau Supa Centa and the Lynmall shopping centre.