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Prospects for planned Marquee Cinemas complex fading

September 14th, 2013 7:56 pm by Matthew Lane

Prospects for planned Marquee Cinemas complex fading

KINGSPORT  —  The outlook for Marquee Cinemas locating a new theater behind the Kmart Supercenter does not look good.

 Marquee Cinemas moved out of its Kingsport Town Center location back in February and has been planning for more than a year to build a new, freestanding theater behind the Kmart Super Center off Stone Drive. Marquee has partnered with Bristol, Tenn.-based KBM Commercial Properties LLC and Tri-City Grading Inc. to build the new theater.

 For months, Marquee officials have said the new facility would be 43,000-square-foot in size with 12 theaters, a party room, arcade, concession and box office area. Four theaters would be 3-D, several screens 50 to 55 feet wide with the big format screen being 60 feet wide and 35 feet tall.

 Kingsport’s engineering and building departments have approved the plans, the U.S. Army Corps of Engineers has confirmed the wetlands mitigation work has been completed and the developers recently finalized the purchase of the property from the YMCA.

 So why has construction not started? Good question.

 Marquee representatives did not respond to numerous calls and emails over the past week seeking an update on the project. Ryan Rabah, the vice president of leasing for KBM Commercial Properties, said in an email to the Times-News that the company has no comment on the project at this time.

Jessie Hensley, with Tri-City Grading, said he has not been in contact with either Marquee or KBM recently and does not know the status of the project.

Read more of this story in Sunday's print edition of the Times-News or the expanded electronic edition

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