SASKATOON, SASKATCHEWAN--(Marketwired - Nov. 16, 2016) - Dream Unlimited Corp. (TSX:DRM) ("Dream"), one of Canada's largest real estate companies, and Magic Lantern Theatres, the operators of The Roxy and Rainbow Cinemas, today announced a new first run cinema is coming to Dream's community of Brighton. Expected to open Fall 2017 in the Brighton Marketplace, the theatre will serve as a new entertainment destination for Saskatoon residents and feature the first run box office hits.
As Saskatoon's newest community, Brighton is transforming east Saskatoon into a community where residential, retail, business and entertainment offerings converge. In development by Dream Centres, the retail division of Dream, the Brighton Marketplace will be developed with 240,000 square feet of retail and amenity space and serve existing and future community residents. Magic Lantern Theatres is committed to joining Save-On-Foods and Motion Fitness as anchor tenants in the Brighton Marketplace.
"There is something so special about going to the movies, it transcends generations and serves as a point of connection - a feeling Brighton is trying to evoke in its community," said Josh Kaufman, SVP Retail & Commercial Development, Dream Centres. "Dream is thrilled to partner with Magic Lantern Theatres to provide Saskatoon residents with additional opportunities to engage in the moviegoing experience. This addition continues to position the Brighton Marketplace as a premiere destination for entertainment, leisure and shopping."
The new cinema will boast seven giant screens, wide rocking chairs and stadium style seating to provide moviegoers with the ultimate theatre experience. Conveniently located in Holmwood on College Drive and McOrmond Drive, the theatre can be easily accessed by all residents of Saskatoon and will provide guests with an abundance of free parking spaces.
For more information regarding Magic Lantern Theatres, please visit http://www.magiclanterntheatres.ca. To learn more about Dream Centres and the community of Brighton, please visit www.dream.ca/centres/project/#saskatoon.
About Dream Unlimited Corp.:
Dream is one of Canada's leading real estate companies with approximately $14.5 billion of assets under management in North America and Europe. The scope of the business includes residential land development, housing and condominium development, retail and commercial development, asset management for four TSX-listed trusts, investments in and management of Canadian renewable energy infrastructure and commercial property ownership. Dream has an established track record for being innovative and for its ability to source, structure and execute on compelling investment opportunities.
About Dream Centres:
Dream Centres is focused on building neighbourhood shopping centres primarily within the master-planned communities developed by Dream. Within these master-planned communities, Dream Centres is actively developing over 2 million square feet of retail space on over 200 acres of land.
About Magic Lantern Theatres:
Magic Lantern Theatres is a Canadian motion picture exhibition company, established in Edmonton in 1984, with a desire to revive the love of friendly, neighbourhood cinemas. We offer quality movie entertainment, at prices that are affordable, to encourage entire families to come to our cinemas more frequently. We are leaders of innovative promotions involving charities and local causes and encourage our staff to be proactive in community work. Our business philosophy has proved to be popular and has contributed our success and growth. Magic Lantern Theatres currently operates nine cinema locations with 36 screens across Canada, including two cinemas under the Rainbow Cinemas banner.