Port Blakely announces deal for Issaquah Highlands movie theater
August 18, 2009
By Warren Kagarise
NEW — 9:25 a.m. Aug. 18, 2009
Issaquah Highlands developer Port Blakely Communities announced today that Regal Entertainment Group will operate a long-planned movie theater in the highlands.
Port Blakely executives said Regal signed a lease for the proposed theater. The theater would feature 14 screens, stadium seating and digital projection and sound. Plans call for a 64,000-square-foot venue called Regal Cinemas Issaquah Highlands Stadium 14. Target opening date: May 2011.
“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 theater,” Port Blakely President Alan Boeker said in a news release.
The theatre would be built as part of The High Streets retail development at Park Drive and High Street, and 10th Avenue and Highlands Drive.
The theater deal is the latest development in long-running plans to expand business and retail options in the highlands.
Since mid-June, Zeeks Pizza and Agave Cocina & Tequilas have moved into spaces occupied by other restaurants.
Excavation work is scheduled to begin this week on a planned Swedish Medical Center hospital campus at the southwestern corner of Highlands Drive Northeast and Ninth Avenue Northeast.
A development agreement to allow construction of a gas station in the highlands is under consideration by City Council members.
But other efforts have faltered, including a deal with grocer Central Market that fell apart in the spring. However, Port Blakely executives said in the release that announcements for a grocery store and more retailers and restaurants are expected in the months ahead.
“The High Streets at Issaquah Highlands is one of the most desirable retail locations in the region due to its geography,” Boeker said. “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.”