CineBistro Luxury Theater Coming to Cary
Cary, NC – Waverly Place announced today that it has signed a 20 year deal with CineBistro, a luxury movie theater with in-theater dining. CineBistro will occupy approximately 35,000 square feet on two floors at Waverly Place.
CineBistro Luxury Theater Coming to Waverly Place
Cobb Theatres out of Birmingham, Alabama owns and operates 21 theaters including seven CinéBistro locations. The Waverly theater will be he first CineBistro in North Carolina.
Cobb has been in the movie exhibition business since 1921.
“We are so delighted to be bringing CineBistro to our Waverly family,” says Jenn Olevitch, Director of Leasing for RP Realty Partners.
“We believe there has been a need for this type of luxury theatre in the Triangle for quite some time. It is a concept that has flourished throughout the nation and we are excited to bring this unique concept of CinéBistro to Waverly and the Triangle,” said Olevitch.
CineBistro promises the finest cinema experience combined with great food, an excellent assortment of wines, premium drinks and spectacular ambiance.
The new theater is expected to start construction this fall and should be open by second quarter of 2014.
Waverly on a Roll
With the signing of CineBistro, Whole Foods Market expansion and extension for 15 years and all of the other small shop space leases, over 125,000 square feet have been signed since the Waverly renovation started.
Add to that Wind Down Wednesday, the Waverly Farmers Market and all the other events and happenings, it’s safe to say the RP Realty Partners has engineered an amazing turnaround at the busy corner of Tryon and Kildare Farm Road.
Lights! Cameras! Movie Theater Wars!
Like the Supermarket Wars, movie theater infrastructure and investment is entering a new act in the greater Cary metroplex.
At the corner of Cary Parkway and Chapel Hill Road, the venerable Park Place 16 faces what might be called an existential crisis with the opening of Stone Theatres at Park West.
Meanwhile, The Galaxy Theater across from Cary Towne Center came crashing down in a shower of dust this past May.
And, the Town is renovating Cary’s first movie house on East Chatham Street downtown.
Net-net for Cary: more screens, more films, more quality movie houses. It’s show time!
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Pictured above, CineBistro location in Atlanta.
The real question is will any of these theaters pick up showing the art house films that the Galaxy used to run? Cary has a large enough population that we should not have to drive all the way to the Rialto or The Colony in North Raleigh to see some of those smaller and independent films.
The list of films offered at other CB locations would indicate that the selection is pretty mainstram. Galaxy enthusiasts will be disappointed.
I am looking forward to this theater. Arlington, Virginia and Portland, Oregon have similar venues that really make for an enjoyable evening out.
See you there !
Finally something of real interest at Waverly! This will definitely help anchor the back of the shopping center. The top level now needs something to get things moving.
I’m really looking forward to this at Waverly, but the menu prices are scary high. The demographics of Lochmere and Regency are great, but this has me a little worried.
This is exciting stuff! My wife and I basically lived at the Cinebistro in Hampton, VA for the past 4 years while I was serving in the Navy. I remember telling her back in 2009 that the triangle could really benefit from a place like this. We’ll be moving down there soon, looks like my wish has been granted!