Loews Cineplex Entertainment to Expand and Renovate Danbury Theatre

Loews Cineplex Entertainment to Expand and Renovate Danbury Theatre Largest and Most Modern Theatre in Northern Fairfield County to Have 16 State of the Art Theatres and 4,000 Luxurious High Back Seats NEW YORK, Dec. 2 /PRNewswire/ -- Loews Cineplex Entertainment announced today that it will expand and renovate its existing Danbury, CT theatre into a deluxe 16-screen, all stadium-style megaplex with added concessions, including hot foods, ice cream and café selections. Construction is expected to start in Spring 2005, with project completion scheduled for Spring 2006. The theatre will remain open for business during construction. Travis Reid, CEO of Loews Cineplex Entertainment, said, "We are thrilled about the exciting redevelopment of our Danbury theatre. The planned expansion and renovation reaffirms Loews' commitment to bring our patrons the best possible movie-going experience with state of the art technology in world-class theaters." The improved megaplex will be the largest and most modern theatre in northern Fairfield County. Plans call for 6 full stadium screens to be added to the existing 10 screens, which will all be extensively retrofitted and converted to stadium configuration. All 16 theaters and 4,000 seats will feature expansive wall to wall curved screens, digital sound, luxurious high back seats, private party rooms and advance ticketing. The lobby will also be renovated to further enhance the movie-going experience, with added restrooms and a contemporary concession stand with a variety of hot foods, café selections, ice cream, and sweets. Stephen Hoffman, a partner in Danbury Investment Company, the owner of the land on which Loews Theaters is located, said, "We have been delighted with Loews' performance at this location since the theaters opened in 1995. With the additional screens, the fabulous renovation of the existing theaters, and the addition of several hundred well-located parking spaces, we anticipate that this state-of-the-art entertainment facility will attract patrons from all over the region." In addition to the theater renovations, access to the site will be improved, and the entire parking lot will be reconfigured for added convenience. The Danbury theatre is located just off I-84 at International Drive. Adjacent to the theatre is a new shopping center currently being developed by Eagle Road Center LLC, which will include a 46,000 square foot Best Buy, a 140,000 square foot Lowe's Home Improvement center, and additional ancillary retail uses of 20,000 square feet. Loews Cineplex Entertainment Corporation (http://www.enjoytheshow.com/) is the third largest movie theater chain in the world, with 200 theaters and 2,176 screens worldwide and is privately held by Bain Capital, The Carlyle Group and Spectrum Equity Investors. Loews maintains operations in the U.S., Mexico, South Korea and Spain. The company operates under the names of Loews Theatres, Cineplex Odeon, Star Theatres and Magic Johnson Theatres in the United States, as well as Cinemex in Mexico, Megabox in South Korea and Yelmo Cineplex in Spain. Source: Loews Cineplex Entertainment Corporation CONTACT: John McCauley, Sr. Vice President, Marketing of Loews Cineplex Entertainment, +1-646-521-6142, Steven Hoffman, Partner, Danbury Investment Co., +1-203-326-3266 Web site: http://www.enjoytheshow.com/ ------- Profile: International Entertainment