BusinessWire: ShowBiz Cinemas Announces New Partnerships, Expansion Plans and Management Team
October 28, 2014
Texas-based ShowBiz Cinemas, led by President and CEO Kevin Mitchell, has announced a financial partnership with Capital One Bank and development partnerships with NewQuest Properties, BPI Realty Services and The Consortium Firm International. “ShowBiz Cinemas is an industry leader in movie theater entertainment in Texas, and NewQuest is very pleased to have them joining our development at Chambers Town Center,” said Shannon Parker, Marketing Director for NewQuest Properties, a market leader in commercial development in Houston and throughout Texas.
ShowBiz Cinemas, which currently owns and operates 43 screens, is pleased to reveal plans for four new locations, of which three are located in the greater Houston area, with the first scheduled to open in the summer of 2015. The full expansion will double the circuit’s size to 86 screens, making ShowBiz Cinemas one of the leading privately owned theatre operators in Texas. The majority of the new complexes will represent ShowBiz Cinemas’ new, enriched footprint, which features boutique bowling catered toward families, casual gatherings for both youths and adults and corporate events.