Malco Theatres is pleased to announce the resumption of its 12-screen theatre development in Olive Branch, Miss. Initial site work was completed several years ago, but the project was put on hold when the recession hit.
Conditions have improved to the point where Malco is resuming this project with plans for completion by mid-2013.
The cinema, located at Goodman Road and West Hamilton Circle in Olive Branch, will anchor a planned development by Michael Lightman, which will include a couple of popular restaurants that want to locate next to the Malco theatre location.
"Malco is very excited about bringing a state of the art, all digital cinema with 3D capability to the Olive Branch community. We know it took a long time to happen, but the end product will be something the community will be very proud to have and enjoy for many years to come", said Jimmy Tashie, Executive VP of Theatre Operations.
Malco has other projects in Louisiana and Arkansas that were put on hold, but are now also set to resume. Malco recently completed the renovation of the Ridgeway Four Cinema in Memphis, and will complete the renovation of the Forest Hill Cinema in Germantown by the end of November.
Malco Theatres is headquartered in Memphis, Tennessee and is fourth-generation family-owned and operated. Malco Theatres operates over 300 screens at 29 locations across the Mid-South.