Aug. 18, 2009
Regal Entertainment Group Selects
Issaquah Highlands for New Theatre
New hospital campus, orthopedic center spur growth in Issaquah Highlands
Issaquah, Wash. (Aug. 18, 2009) — Port Blakely Communities, the master developer of The High Streets retail center in the Issaquah Highlands urban village, today announced that Regal Entertainment Group, a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, has signed a lease for a new theatre. The state-of-the-art 64,000 square foot theatre will be named Regal Cinemas Issaquah Highlands Stadium 14.
Located 20 minutes outside Seattle, Issaquah Highlands is poised for growth. In fall 2009, Swedish – the largest nonprofit health provider in the Greater Seattle area – will break ground on a 20-acre hospital campus. Announcements for a major grocery store, as well as additional retailers and restaurants, are anticipated in the coming months. Current retail growth includes the summer openings of two new restaurants: a Zeeks Pizza franchise and Agave Cocina & Tequilas. Most recently, Proliance Orthopaedic and Sports Medicine opened a new 43,000 square foot facility in the community.
“Issaquah Highlands’ commercial district is expanding on both the retail and commercial fronts and we look forward to welcoming Regal’s new state-of-the-art theatre,” said Alan Boeker, president, Port Blakely Communities. “The High Streets at Issaquah Highlands is one of the most desirable retail locations in the region due to its geography. It is ideally situated to serve the growing populations of Sammamish, Issaquah and Bellevue. The High Streets is positioned to be a premier destination for Seattle’s Eastside.”
Shoppers in the first phase of The High Streets retail center will enjoy more than 20 stores and restaurants adjacent to Regal Cinemas Issaquah Highlands. A variety of restaurants have already opened nearby, including Caffe Ladro, Sip Wine Bar & Restaurant, Subway and Ricenroll.
Regal Cinemas Issaquah Highlands will feature 14 screens and stadium seating in all auditoriums. In addition, every auditorium will have digital projection to provide a crystal-clear picture and digital surround sound to complete the true digital cinema experience. The theatre will be located at Park Drive and High Street, and 10th Avenue and Highlands Drive.
For more information about Issaquah Highlands, visit www.issaquahhighlands.com. For more information about Regal, visit www.regmovies.com.
About Port Blakely Communities
A division of Port Blakely Companies, Port Blakely Communities applies its family values of integrity, quality, innovation and stewardship to the business of real estate. Port Blakely Communities creates residential and mixed-use urban villages that embrace the principles of smart growth. The company builds communities that are known for their quality construction, innovative design, small-town feel and respect for the environment. Founded in the 1990s, Port Blakely Communities’ largest effort is the award-winning Issaquah Highlands community. For more information, visit www.portblakely.com.
Jennifer West, Hill & Knowlton Northwest
Direct Line: (509) 456-0890
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