Regal Cinemas known as Regal Entertainment Group, is an American movie theater chain headquartered in Knoxville, Tennessee. Regal operates the second-largest theater circuit in the United States, with over 7,307 screens in 564 theaters as of June 2016; the three main theatre brands operated by Regal Entertainment Group are Regal Cinemas, Edwards Theatres, United Artists Theatres. These chains retain their exterior signage, but most indoor branding uses the Regal Entertainment Group name and logo. Where applicable, the REG logo is used alongside the three individual brands. Most new cinema construction uses the Regal Cinemas name, although Regal has built new Edwards locations in California and Idaho. Regal has acquired several smaller chains since this merger. On December 5, 2017, it was announced that the UK theater chain Cineworld would acquire Regal for $3.6 billion. On February 27, 2018, the acquisition of Regal by Cineworld was completed, making it the second largest global cinema exhibitor behind AMC.
Regal Cinemas was established in 1989 in Knoxville, with Mike Campbell as CEO. Regal began opening larger cinemas in suburban areas. Many of these contained a more upscale look than typical theaters of the time. Regal Cinemas embarked on an aggressive expansion throughout the decade, swallowing up smaller chains as well as building new, more modern multiplexes, its largest acquisition during this original period was the 1998 combination of it and Act III Theatres, although it had acquired some smaller chains as well in the mid-1990s, including the original Cobb Theatres, RC Theatres, Cleveland-based National Theatre Corp. By 2001, Regal was overextended like many other cinema chains, went into Chapter 11 bankruptcy, it became the namesake for the theater chain in which it would be merged into with the Edwards and United Artists chains. The chain's famous "Regal Roller Coaster" policy trailer, shown before every movie shown from the early 1990s to the fall of 2004, was revived in 2010 and the current version was made in 2015, animated by The Tombras Group.
United Artists Theatres has its roots in the movie studio of the same name founded by Douglas Fairbanks, Mary Pickford, Charlie Chaplin, D. W. Griffith, but has always been separate from it. Joseph Schenck was brought in to become UA's president in 1924. Over time, the chain became separate from the studio and by the 1970s was part of a larger company, United Artists Communications. United Artists Theatres was purchased in the late 1940s by the Naify Brothers, who owned theatres in the San Francisco Bay Area, their company up to this time was called Golden State Theatres. About this time they acquired the San Francisco Theatres owned by Samuel H Levin; these theatres were the Balboa, Coliseum, Vogue Metro, the Harding, Coronet, opened in 1949. In 1988 UA bought the Philadelphia-based Sameric chain of about 30 locations in PA, NJ, DE; the UA Theatres main office was in San Francisco until 1988 when it was sold to TCI. Thereafter, it was relocated to Englewood, CO. UAC was an early pioneer in cable television, aggressively bought smaller regional systems.
By the end of the 1980s, John Malone's Tele-Communications, Inc. was majority owner. On February 19, 1992, TCI sold the theatre chain in a leveraged buyout led by Merrill Lynch Capital Partners Inc and UA management. Edwards Theatres was a family-owned chain in California, started in 1930 by William James Edwards Jr, it became one of California's best-known and most popular theater chains, by Edwards' death in 1997, operated about 90 locations with 560 screens. Edwards Theatres had its headquarters in California, his son, W. James Edwards III, became president and announced an ambitious expansion plan that would nearly double the company's screen count; the expansion plan gave Edwards a crushing debt load, in 2000 it filed for bankruptcy. When all three chains went into bankruptcy, investor Philip Anschutz bought substantial investments in all three companies, becoming majority owner. In March 2002, Anschutz announced plans to consolidate all three of his theatre holdings under a new parent company, Regal Entertainment Group.
Regal's Mike Campbell and UA's Kurt Hall were named co-CEOs, with Campbell overseeing the theatre operations from Regal Cinemas' headquarters in Knoxville, Kurt Hall heading up a new subsidiary, Regal CineMedia, from the UA offices in Centennial, Colorado. The Edwards corporate offices were closed. Regal and United Artists had attempted using a similar method. Investment firms Kohlberg Kravis Roberts and Hicks, Tate & Furst announced plans to acquire Regal merge it with UA and Act III, with the new company using the Regal Cinemas name. UA dropped out of the merger, but the merger between Regal and Act III went through; as Regal consolidated the three chains, CineMedia began work on a new digital distribution system to provide a new "preshow", replacing the slides and film advertisements with digital content. NBC and Turner Broadcasting were among the first to sign on to provide content for the venture, the preshow, dubbed "The 2wenty", debuted in February 2003; the new distribution system was meant to be used for special events such as concerts.
Regal CineMedia merged with AMC Theatr
In retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a larger tenant in a shopping mall a department store or retail chain. With their broad appeal, they are intended to attract a significant cross-section of the shopping public to the center, they are offered steep discounts on rent in exchange for signing long-term leases in order to provide steady cash flows for the mall owners. When the planned shopping centre format was developed by Victor Gruen in the early to mid-1950s, signing larger department stores was necessary for the financial stability of the projects, to draw retail traffic that would result in visits to the smaller shops in the centre as well. Anchors have their rents discounted, may receive cash inducements from the centre to remain open. Early on, grocery stores were a common type of anchor store. However, research on consumer behavior revealed that most trips to the grocery store did not result in visits to surrounding shops.
Large supermarkets remain common anchor stores within power centers however. As of 2005, the declining popularity of old-line department stores makes it necessary for mall management companies to consider re-anchoring with other retail alternatives, or mix commercial development with residential development to guarantee a captive clientele; the challenges faced by the traditional large department stores have led to a resurgence in the use of supermarkets and gyms as anchors. The International Council of Shopping Centers makes the presence of anchors one of the main defining characteristics of the two largest categories of centres, the regional center with 400,000 to 800,000 square feet in gross leasable area, the superregional center with more than 800,000 square feet of space; the regional center has two or more anchors, while the superregional has three or more. In each case, the anchors account for 50–70% of the centre's leasable space. Shopping centres with anchor stores have outperformed those without one, as the anchor helps draw shoppers attracted to the anchor to shop at other shops in the mall.
Retail Shopping centre Supermarket
Westfield Southcenter known as Southcenter Mall, is a shopping mall located in Tukwila, Washington, US, owned by the Westfield Group. It is the largest shopping center in the Pacific Northwest; the mall is anchored by Macy's, JCPenney and Sears. The mall contains an AMC movie theater. In early 1956, three officials from Northgate Shopping Center, James Douglas, president of Northgate Co. Wells McCurdy, Douglas' assistant, Rex Allison, the vice president of Allied Department Stores formed the Southcenter Corporation as a subsidiary of Allied, their goal was to build a large shopping center south of downtown Seattle that would match the success of their own Northgate and began searching for a site, preferably with at least 100 acres. The site chosen was part of what was known as the Andover Tract, an 800-acre area of former pasture land being developed by the Port of Seattle for industrial use. In anticipation of the developments, the entire area was annexed by the city of Tukwila in November 1957.
Southcenter Corp. purchased 160 acres strategically at what would be the intersection of two major freeways, The Seattle - Tacoma Freeway and I-405. The construction schedule of the mall would depend on the construction of the freeways. Construction at the site began in early 1967 and work on the $30 million shopping center began in the summer of 1967. John Graham & Company, a Seattle firm that designed the original Northgate and Tacoma Malls, was announced as the architect for the project. With four labor strikes slowing work down, construction was completed on the structure by May 1968. Work on the interior continued until the day before opening on July 31. In total, 25 main contractors and 50 subcontractors helped build the mall; the concrete terrazzo floors of the mall were said to be the largest in area in all of Puget Sound and were a last minute addition to the mall. Needed to make the cement like mixture for the floors were 500 cubic yards of sand, 3,000 100-pound sacks of gray cement, 3,000 100-pound sacks of white cement and 5,000 100-pound sacks of brown marble chips.
30,000 feet of zinc divider strips were used for the floors. The grand opening was held on July 31, 1968, at 11 a.m. with Washington State Governor Dan Evans as the key speaker. At 1,400,000 square feet with 92 stores employing 3,600 people, it was the largest shopping mall in the region. In early 2002, the mall was purchased by the Westfield Group. At that time it was renamed "Westfield Shoppingtown Southcenter". On May 11, 2006, Westfield broke ground on a $240 million expansion; that was to add 400,000 square feet On July 22, 2010, Seafood City opened in the former Mervyn's space. In 2014, The Container Store opened in the former Borders Books space. In 2014, the Westfield Group split its assets, with malls in North America and Europe being moved into the Westfield Corporation. Westfield Corporation Westfield Southcenter Official Site Mall is the area's main attraction New Official Westfield Southcenter Site describing mall expansion
Westfield San Francisco Centre
The Westfield San Francisco Centre is an upscale, urban shopping mall located in San Francisco, managed by the Westfield Group and co-owned by Westfield and Brookfield Asset Management. It is anchored by Nordstrom and Bloomingdale's, includes a Century Theatres multiplex and a branch of San Francisco State University, it connects directly to the Powell Street transit station via an underground entrance. Developed by Sheldon Gordon the center opened in October 1991 as San Francisco Shopping Centre with 500,000 square feet of space, the then-largest Nordstrom store on the top several floors, the first spiral escalators in the United States, connecting through to the adjoining Emporium-Capwell flagship store. After a slow start, it soon became one of the top performing shopping centers in the country. In 1996, the adjoining Emporium was shuttered in the wake of Federated Department Stores' buyout of its parent, Broadway Stores; the vacated store was temporarily used as a Macy's furniture store while it renovated its Union Square flagship in 1997.
In May 1997, Urban Shopping Centers, Inc. a Real Estate Investment Trust acquired a half-interest and management of the center. This was followed by Urban's own buyout by Rodamco North America N. V. in October 2000 and Rodamco's subsequent sale to a consortium including The Westfield Group in January 2002. Westfield soon bought the rest. In 2003, Forest City, which had acquired redevelopment rights to the long-vacant Emporium store from Federated, reached an agreement with Westfield to jointly redevelop the two properties; the newly expanded mixed-use Westfield San Francisco Centre, unveiled September 28, 2006, included a Kohn Pederson Fox with Kevin Kennon as the Design Principal- designed Bloomingdale's West Coast flagship store, a nine-screen Century Theatres multiplex theater featuring 2 XD screens, a 30,000 square feet Bristol Farms gourmet supermarket, a satellite campus for San Francisco State University in its 1.5 million+ ft² of space. The redevelopment cost $440 million. Only the front facade and landmark dome of the original structure were preserved.
Upon completion of the project, Forest City became an equity partner and along with Westfield assumed responsibility for day-to-day management.. In March 2009, it was announced that Westfield San Francisco Centre shopping center was named as one of nine finalists vying for the title of “World’s Best Shopping Center” as part of the International Council of Shopping Centers Inc.’s inaugural “Best of the Best” awards. In 2011, the San Francisco Police Department considered putting a substation in the mall to prevent rampant shoplifting. Bloomingdale's Nordstrom Century Theatres & XD 9-screen multiplex Crunchyroll San Francisco State University College of Extended Learning San Francisco Bay Area portal Notes Sources Westfield San Francisco Centre Opening Fact Sheet Westfield San Francisco Centre Press Release International Council of Shopping Centers Official website
Metropolitan Transportation Authority
The Metropolitan Transportation Authority is a public benefit corporation responsible for public transportation in the U. S. state of New York, serving 12 counties in Downstate New York, along with two counties in southwestern Connecticut under contract to the Connecticut Department of Transportation, carrying over 11 million passengers on an average weekday systemwide, over 850,000 vehicles on its seven toll bridges and two tunnels per weekday. MTA is the largest public transit authority in the United States. In February 1965, New York Governor Nelson Rockefeller suggested that the New York State Legislature create an authority to purchase and modernize the Long Island Rail Road; the LIRR a subsidiary of the Pennsylvania Railroad, had been operating under bankruptcy protection since 1949. The proposed authority would have the power to make contracts or arrangements with other commuter-railroad operators in the New York City area. On May 21, 1965, the legislature chartered the Metropolitan Commuter Transportation Authority to take over the operations of the LIRR.
Governor Rockefeller appointed his top aide, Dr. William J. Ronan, as chairman and chief executive officer of the MCTA. In June 1965, the state finalized an agreement to buy the LIRR from the PRR for $65 million; the MCTA made a down payment of $10 million for the LIRR in December 1965, it had completed the rest of the payment by the next month. In February 1965, Rockefeller and Connecticut Governor John N. Dempsey jointly suggested that operations of the New Haven Line, the New Haven Railroad's struggling commuter rail operation, be transferred to the New York Central Railroad as part of a plan to prevent the New Haven Railroad from going bankrupt. If the operational merger occurred, the proposed MCTA and the existing Connecticut Transportation Authority would contract with New York Central to operate the New Haven Line to Grand Central Terminal. A joint report from both agencies, released in September of that year, recommended that the line be leased to New York Central for 99 years, with the MCTA and CTA acting as agents for both states.
In October, the MCTA found that the New Haven Line's stations and infrastructure were more decrepit than those of the LIRR. The New Haven Railroad's trustees opposed New York Central's takeover of the New Haven Line, as they felt that the $140 million offer for the New Haven Line was too low. After some discussion, the trustees decided to continue operating the New Haven Line, but only until June 1967. In January 1966, New York City Mayor John Lindsay proposed merging the New York City Transit Authority, which operated buses and subways in New York City, the Triborough Bridge and Tunnel Authority, which operated toll bridges and tunnels within the city. Rockefeller offered his "complete support" for Lindsay's proposed unified transit agency, while longtime city planner and TBTA chair Robert Moses called the proposed merger "absurd" and "grotesque" for its unwieldiness. In June 1966, Rockefeller announced his plans to expand the MCTA's scope to create a new regional transit authority; the new authority would encompass the existing MCTA, as well as the NYCTA and TBTA.
Lindsay disagreed, saying that the state and city should have operationally separate transit authorities that worked in tandem. On May 3, 1967, Rockefeller signed a bill that allowed the MCTA to oversee the mass transit policies of New York City-area transit systems; the unification agreement would take place the following March, upon which the MCTA would take over the operations of the LIRR, NYCTA, TBTA, New Haven commuter services, New York Central commuter services, the Staten Island Railway. The TBTA was resistant to the MCTA's efforts to acquire it. Moses was afraid that the enlarged MCTA would "undermine, destroy or tarnish" the integrity of the TBTA, One source of contention was Rockefeller's proposal to use TBTA tolls in order to subsidize the cheap fares of the NYCTA, since Moses opposed any use of TBTA tolls for use by outside agencies. In February 1968, Moses acquiesced to the MCTA's merger proposal. New York Central and the PRR merged in February 1968, forming the Penn Central Transportation Company.
On February 29, 1968, the MCTA published a 56-page report for Governor Rockefeller, in it, proposed several subway and railroad improvements under the name "Metropolitan Transportation, a Program for Action". The city had intended to build subway extensions in all four boroughs so that most riders would need at most one transfer to get to their destination; the Program for Action called for upgrades to the Penn Central railroads as well as to area airports. The Program for Action was put forward with other development and transportation plans under the administration of Mayor Lindsay; this included Lindsay's Linear City plan for housing and educational facilities, the projected construction of several Interstate Highways, many of which were proposed by Robert Moses. On March 1, 1968, the day after the release of the Program for Action, the MCTA dropped the word "Commuter" from its name and became the Metropolitan Transportation Authority; the MTA took over the operations of the other New York City-area transit systems.
Moses was let go from his job as chairman of the TBTA. The construction of two proposed bridges over the Long Island Sound was put under the jurisdiction of the MTA. Moses stated that TBTA construction projects would reduce the MTA's budget surplus through 1970. Chairman Ronan pushed for the MTA to pursue the Program for Action, saying, "We're making up for 30 years of do-nothingism". Ronan proposed that the MTA take over the Staten Island Railway fr
Westfield Montgomery is a shopping complex in Bethesda, Maryland. Anchor stores include Macy's, Macy's Home, Nordstrom; the mall opened with three anchor stores and 58 smaller shops. It was built as a joint venture between The May Department Stores Company and Strouse, Greenberg & Co. based on the design of John Graham, Jr. and Ward and Hall. The original anchors were Hecht's, Garfinckel's, Sears. Smaller shops included a Bond Stores outlet; the Mall was where longtime fugitive William Bradford Bishop bought a ball peen hammer and gas can to kill and burn his entire family on March 1, 1976. The old mall logo was an owl-shaped "M". A mid-1970s expansion included a US$4.5 million, 155,000-square-foot Woodward & Lothrop store and 60,000 square feet of additional retail space for 40 stores. The last renovation completed in October 1991 included new floors, brass railings, glass elevator, removed in 2013, removal of all the fountains to allow for more kiosk and seating space; the grand re-opening featured a concert by Tony Bennett.
An expansion wing featured the first Nordstrom in Maryland and the third in the Washington, D. C. metropolitan area, Crate & Barrel. The Boulevard Cafes food court is located on the second level. A plan to expand the mall by 360,000 square feet was approved by Montgomery County in September 2007. With the expansion, Westfield Montgomery has more than 1,500,000 square feet, the fourth largest mall in the Washington area behind Tysons Corner Center, Westfield Wheaton, Fair Oaks Mall. On June 22, 2018, Sears announced that its store would be closing on March 31, 2019, included as part of a plan to close 40 stores in early 2019, Sears Holdings announced on November 6, 2018; as of January 29, 2019, Sears' webpage for the location has stated that, "We're sorry, the Sears Stores at 7103 Democracy Blvd, Bethesda, MD 20817 has closed," and Westfield Montgomery has been removed from its online store locator for the state of Maryland. In 2018, Westfield proposed a plan to transform the Sears store and surrounding areas into an open-air mixed-use center.
On May 6, 2016, former federal police officer Eulalio Tordil shot three people in the parking lot. One victim died. Official website Westfield Montgomery Leasing Information, at The Westfield Group Montgomery Mall at the Wayback Machine
Fulton Center is a transit center and retail complex centered at the intersection of Fulton Street and Broadway in Lower Manhattan, New York City. The name refers to the $1.4 billion project by the Metropolitan Transportation Authority, a public agency of the state of New York, to rehabilitate the New York City Subway's Fulton Street station. The work involved constructing new underground passageways and access points into the complex, renovating the constituent stations, erecting a large station building that doubles as a part of the Westfield World Trade Center mall; the project, first announced in 2002, was intended to improve access to and connections among the New York City Subway services stopping at the Fulton Street station. Funding for the construction project, which began in 2005, dried up for several years, with no final approved plan and no schedule for completion. Plans for the transit center were revived by the American Recovery and Reinvestment Act of 2009; the project used to be referred to as the Fulton Street Transit Center, but was re-branded the Fulton Center in May 2012 because of a heightened emphasis on retail.
The complex opened on November 10, 2014, along with the adjacent Dey Street Passageway. Through the Dey Street Passageway, the complex connects to the World Trade Center, the Westfield World Trade Center mall, PATH station, observation deck, provides connections to the Chambers Street–World Trade Center/Park Place/Cortlandt Street and WTC Cortlandt stations, as well as the PATH's World Trade Center station. Westfield Corporation operates the retail space as an extension of the Westfield World Trade Center, a block to the west; the Fulton Center features a high-visibility Transit Center with entrances on Broadway between Fulton Street and John Street, it connects the 2, 3, 4, 5, A, C, E, J, N, R, W, Z services via the underground Dey Street Passageway running east-west under Dey Street. Ove Arup and Partners served as the prime consultant of the entire project; the Fulton Center cost US$1.4 billion twice the original budget of $750 million. The major elements of the Fulton Center project included the renovations of the Fulton Street stations along the IRT Broadway–Seventh Avenue Line and the IRT Lexington Avenue Line.
During the latter's renovation, new entrances were opened at the corner of Broadway and Maiden Lane for the northbound platform, at Cortlandt Street and Broadway for the southbound platform. The mezzanine serving the Fulton Street station on the IND Eighth Avenue Line, which consisted of several ramps on either side of Nassau Street, was straightened. During these renovations, the entire complex was made ADA-accessible. Ten escalators and fifteen elevators were installed, as well as two ADA accessible public restrooms on the concourse and the street levels. A new station building, the Fulton Building, was constructed along the east side of Broadway between Fulton and John Streets; the new station required the demolition of the Girard Building and the former Childs Restaurant Building, incorporates the landmark Corbin Building at the corner of Broadway and John Street. It was nearly canceled at one point, but was saved in 2009 through funds from the American Recovery and Reinvestment Act of 2009.
This portion of the project was part of a master lease to lease over 60,000 square feet of space. The Fulton Center opened on November 10, 2014, seven years behind schedule and $650 million over budget. Owing to the Fulton Center's use of renewable energy sources and energy-conservation features, the complex was awarded a Leadership in Energy and Environmental Design Silver certification in March 2016, becoming the first subway station in New York City to receive such a rating. In addition to work on the four linked Fulton Street stations, the Dey Street Passageway, located outside the subway system's paid area, was built under Dey Street, it connected the Fulton Street station complex to the Cortlandt–Church Streets station, serving the N, R, W trains.. A new entrance building was constructed on the southwest corner of Broadway and Dey Street, providing direct access to the Dey Street passageway, it opened alongside the rest of the Fulton Center in November 2014, an extension to the World Trade Center Transportation Hub opened in May 2016.
There were plans for a free transfer between the Cortlandt–Church Street station and the E train at the World Trade Center station. As of June 2017, the connection was again slated to be built and the passageway opened with newly-rearranged turnstiles; the connection opened on December 29, 2017, after a reconfiguration of the respective stations' fare areas. A separate transfer to the 1 train at WTC Cortlandt, outside the fare controls of either the Cortlandt–Church/World Trade Center or Fulton Street stations, was opened on September 8, 2018. After several pieces of transit infrastructure in Lower Manhattan were destroyed or damaged during the September 11, 2001, officials proposed a $7 billion redesign of transit in the neighborhood; this included the Fulton Street Transit Center, the South Ferry/Whitehall Street terminal further downtown, the reconstruction of the West Side Highway. The most important of these projects was the Port Authority of New York and New Jersey's proposed terminal for PATH trains at the World Trade Center site, destroyed when the World Trade Center collapsed.
A preliminary plan for the new terminal included situating it under Church Street, near the site of the former Hudson Terminal and close to the Metropolitan Transportation Authority's Broadway–Nassau/Fulton Street station. The new terminal would contain direct connections to the subway.