Epic Movie Theater Building Permit Issued
Epic Theaters picks up its building permit for Town Center Theater one day before it was due to expire.
Palm Coast, Florida – February 26, 2009 – Palm Coast, Florida and Flagler County will finally get their long awaited multi-theater movie complex. One day before its expiration date, Epic Theaters picked up their building permit. According to the city website, $52,620 of the $181,974 impact fee total has been paid.
The stated value of the project is $6.1 million. The 48,282 square feet includes space for retail shops and restaurants, both of which will benefit from their proximity to the 14 screen theater complex. Felton Construction is listed as the general contractor. Epic will be located at 1185 Central Avenue in Town Center.
Additional real estate news
If someone tells you that the light at the end of the tunnel has been turned off to preserve vital resources, do not believe them. In Palm Coast, Florida, there is a growing list of positive news.
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The new CVS Pharmacy on SR 100 at John Anderson will open March 1st.
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The new Kohl’s will open March 4th.
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Economic development efforts are underway to attract two new companies to the area bringing new jobs; Project Sprint, a call center and Project Precision, a small manufacturing company.
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Roma Court is open on Palm Coast Parkway SW with its first tenant, a dialysis center. A Japanese sushi restaurant will be opening in a few weeks, followed by a Chinese carry-out and a local software company.
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City Walk continues to add tenants, following the relocation of city government there. One recent addition is the Asian Market, a transplant from Bunnell. They report that sales have doubled since their relocation.
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The commencement of construction on the four lane expansion of Old Kings Road north of SR 100 signals that Walmart has committed to the area. The Walmart commitment was a precondition to the start of the road project.
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The Parade of Homes, featuring 23 homes, will kick off Saturday. The Parade of Homes which will last through March 15th is the kickoff of the spring home selling season, typically the strongest period of the year. (Parade of Homes Official Magazine).
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Most importantly, the local housing market seems to be picking up steam. The number of homes under pending or contingent sales contracts has grown from fewer than 300 at the beginning of the year to 393 today. And inventory is shrinking; down to 1,765 homes available for sale from over 1,900 in December ’08. Every Realtor® with whom I’ve spoken reports increased customer interest.
Stimulus?
I did not expect President Obama’s stimulus package to work so fasts.
Finally…
Now, all the naysayers can pipe down on the movie theater front. Funny thing, I doubt the majority of them will be regualar patrons.
a non-naysayer
I’m anything but a naysayer, but the fact that they picked up the permit a day before it expired probably has everything to do with building code revisions and the risk of having to redraw plans. It probably has nothing to do with them actually getting started. I wouldn’t hold my breath on ground breaking in near future…
Nor would I…
They’ve already stated the project has been pushed back. I hate we have no movie theater, I would much rather keep my money local than spend it in Volusia or St. Johns counties…but at least they picked it up and haven’t bailed.
Theater
They got their permit, paid part of the impact fees and maybe they will get started. It’s a risky shot as $12.00 to $15.00 movie tickets are hard to swallow in this economic slowdown, when I can wait a week and the movie will be on DVD at Movie Gallery and rent it for $5.00 and keep it a couple days
APPLAUSE for EPIC THEATER
Can’t wait to see every movie possible in new theater: THIS IS WHAT PALM COAST needs!! Let’s all frequent it immediately upon opening! ?? Senior tickets??? Thanks to all concerned.
Yea we need a theatre
My hubby and I can hardly wait to see a new theatre in our town!