Marks second JBG location, total of 16 new screens for the District
Washington, D.C. (January 8, 2014)-Landmark Theatres will open a six-screen cinema at Atlantic Plumbing, a new mixed-use community at 8th and V Streets NW being developed by The JBG Companies and Walton Street Capital. This is the second new theatre Landmark is building in the Washington Metropolitan area. In November it was announced they were also opening at Capitol Point on New York Avenue, another JBG development.
"We are eager to be a part of the Atlantic Plumbing development in the U Street corridor near D.C.'s popular 9:30 Club" said Landmark Theatres' CEO and President Ted Mundorff. "Our customers are going to love what we are planning. From the indoor-outdoor café to our very high end seating, this is the perfect location for our new theatre."
Atlantic Plumbing, expected to open late 2015, will be Landmark Theatres' fourth location in the Washington market. The E Street Cinema in Penn Quarter will celebrate its 10th Anniversary this month and the popular Bethesda Row Cinema in Maryland underwent a complete renovation last spring. The Capitol Point location is expected to open Fall 2016.
"We broke ground on Atlantic Plumbing this fall, and we're very pleased to have Landmark Theatres join us," said Robin Mosle, a JBG executive vice president. "With Atlantic Plumbing's grit-meets-glam vibe and focus on independent artists, it really is a natural fit and a terrific addition to the area. Landmark's audience will appreciate the atmosphere at Atlantic Plumbing with its unique design and authentic feel, as much as they will its eclectic neighborhood."
The mixed-use development designed by New York architect Morris Adjmi and Washington, DC-based Eric Colbert & Associates and featuring a steel exo-skeleton, encompasses two buildings and more than 350,000 square feet. The 10-story main building, with 310 residential units, is currently under construction. It will feature the Landmark Theatres and an additional 11,500 square feet for restaurants, retail and artist studios.
Alan Zich of Blake Dickson Realty represented Landmark Theatres and Steve Gaudio represented The JBG Companies.
About Landmark Theatres
Landmark Theatres is a recognized leader in the industry for providing independent and select commercial films in a sophisticated adult-oriented atmosphere. They have 50 theatres in 21 markets across the country.
Landmark Theatres is part of the Wagner/Cuban Companies, a vertically integrated group of media properties co-owned by Todd Wagner and Mark Cuban that also includes Magnolia Pictures, Magnolia Home Entertainment, 2929 Productions, AXS TV and HDNet Movies.
About The JBG Companies
Headquartered in Chevy Chase, Md., The JBG Companies is a private real estate development firm that develops, owns and manages office, residential, hotel and retail properties. The company has more than $10 billion in assets under management and development in the Washington, DC area. Since 1960, JBG has been active in the communities where it invests, striving to make a positive impact. More information can be found by visiting the company's website: www.JBG.com , or by calling 240.333.3600.