It’s lights, camera and action for Gungahlin with a $50 million plus development set to provide a seven-screen cinema for the north Canberra town centre.
Work will start mid 2014 on two 500-seat movie theatres and five 200-seat theatres boasting an overall capacity for more than 2000 patrons.
Long-established Canberra company the Krnc Group, better known for its burgeoning IGA supermarket empire, successfully tendered for the project.
Director John Krnc said it was the first time the family company had been involved with a cinema development.
He said they were in talks with Greater Union to operate the new cinema.
“Within the next three months discussions with Greater Union should be finalised,” Mr Krnc said.
In addition to the cinema complex, the development would also include 4300 square metres for a major retailer, 1450 square metres for other retail businesses, and 1500 square metres of commercial space.
It will be located in the eastern section of the town centre on a block bounded by Hibberson, Hinder, Efkarpidis and Kate Crace Streets.