The JBG Companies will bring a 10-screen Cinema to Capitol Point
Washington, D.C., (November 8, 2013) — Landmark Theatres will bring a 10-screen cinema to the NoMa neighborhood as part of JBG’s Capitol Point project, just one block from the NoMa/Gallaudet U Metro station. Landmark’s high-quality theatres will offer moviegoers a host of modern amenities, including a full-service bar, luxury seats, reserved seat selection, 3D projection and a unique concession menu.
“Landmark is a terrific addition to the retail that is coming as this new wave of mixed-use development gets rolling in NoMa,” said Robin-Eve Jasper, President of the NoMa Business Improvement District. “We are hearing from other quality retailers interested in the NoMa neighborhood and they are going to do great here.”
Landmark will occupy approximately 31,000 square feet and anticipates opening in fall 2016. This location will be Landmark’s third in the Washington market, following its successful theatres on E Street in Penn Quarter and at Bethesda Row in Maryland.
With 40,000 daytime employees and more than 3,900 new apartments available now or under construction, NoMa is becoming a bustling neighborhood night and day. While NoMa forms the commercial core for the surrounding historic neighborhoods, more than 18,000 people live within a mile of First and M Streets, NE.
“We are excited to add the energy of a movie theater to the neighborhood at Capitol Point,” said Robin Mosle, a JBG executive vice president. “NoMa is taking shape beautifully, and if we can contribute to creating a dynamic social scene in the area, we couldn’t be more pleased.” The JBG Companies is developing Capitol Point – a mixed-use development located along New York Avenue at N Street NE. The project includes a 200-room Hyatt Place hotel that is currently under construction, over 75,000 square feet of retail, 600 residential units and one million square feet of office space.
NoMa is a vibrant, growing neighborhood north of Union Station and the U.S. Capitol in Washington, D.C. In the last seven years, private developers have invested more than $5 billion in the 35-block area within the NoMa BID boundary, and have plans to develop more than 20 million square feet of additional office, residential, hotel, and retail space. With the capital investment of $50 million from the District government, NoMa will soon have great new parks and public spaces as well. NoMa is now home to 40,000 daytime workers, with 4.5 million SF of office space leased in the last 5 years. More than 3,900 apartments have been recently completed or are under construction. NoMa has 13 modes of transportation, including two Red Line Metro stops, and the best biking facilities in D.C., with the East Coast’s only Bikestation, the 8-mile Metropolitan Branch Trail, and access to six Capital Bikeshare stations. NoMa is the most connected neighborhood in Washington, D.C. The NoMa BID organizes more than 50 free award-winning community events each year, connecting more than 20,000 friends and neighbors. For more information about NoMa, visit nomabid.wpengine.com and sign up for our bimonthly newsletter. Follow us on Twitter @NoMaBID and like us on Facebook.
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.