Client’s Challenge

 

Although Shaw's Plaza in Waterville, Maine, an 88,000 square foot retail center anchored by Shaw’s Supermarket, is ideally located to benefit from both year-round and seasonal customers, the area lacked a high-quality destination entertainment venue.

 

KeyPoint Partners’ Response

 

KeyPoint Partners’ leasing team negotiated with Flagship Cinemas for a 24,000 square foot addition to the plaza, on which Flagship built a new $3 million top-of-the-line eight-screen cinema with stadium seating and the latest movie theater technology. KeyPoint Partners’ construction team managed construction, after handling the permitting and bringing all entities together to take the project to unanimous approval from the Waterville Planning Board in just six weeks. The team also performed all pad site preparation.

 

Construction of the cinema was completed including two large, two medium, and four small theatres. The center has been revitalized by the Flagship construction and 9,100 square foot expansion of Shaw’s which followed. KeyPoint Partners also provided exclusive leasing and property management services to the center.