San Antonio Getting Saturated With Screens?
SAN ANTONIO, TX — It has been recently announced that Santiko Theatres has broken ground on the new Paladium 20 Theater in farwest San Antonio, right across Interstate 10 and Six Flags Fiesta Texas.
I think the grand opening is slated for Fall 2005 or Spring 2006. The theater will be located on the old rock quarry there and will be a part of the new shopping center, which will include a new upscale brand of Sears (called Sears Grand) and some other upscale shopping stores.
Santikos also said that two of their older theaters, Northwest 14 and Galaxy 14, will be closed and basically gutted and renovated into all stadium seating and state of the art sound. This is similar to what they did with their old Century South 9, which they gutted on the inside and rebuilt it as the Mayan 15 (with self serve concession stand and stadium seating).
Now shortly thereafter, AMC announced that they had reached an agreement to lease a new 12 screen theater to be built fairly close (I can’t remember where it is to be located) to Santikos Paladium 20. AMC said that it plans to have the theater open by Summer 2006.
And another shopping center announced that they’re building a new center right across from the Paladium at the corner of Loop 1604 and Interstate 10. It is also planning to build a theater with 18 to 24 screens. However, no exact details were announced on the number of screens cause they haven’t signed a tenant for the property yet, although a number of chains have expressed interest in it.
Now the potental problem with this, you see, is that AMC already has Hubner Oaks 24 just about 5 miles or so down I-H10 and Regal Cinemas has Fiesta 16, which is even closer at Dezavala and I-H10. Once the two new theaters open, that would put the total number of screens within (at the most) an 8 mile radius to 72 (not including the other 18 to 24 screen theater that is planned). I think it is safe to say these locations will be running one feature on at least on two screens, if not more.
AMC is also has plans to build a (as of yet unknown number of screens) theater in NW San Antonio as a part of a redevolpment project of the Central Park Mall. And yet another shopping center on the southwest side of San Antonio is being built as a part of the Brooks City base project has plans to build and lease a theater with 75000 sq feet of space. Its getting crazy here in San Antonio!
The following is a list of the total number of screens each chain currently has in operation (not the ones planned or under construction):
Regal Cinemas – 80 screens
Santikos Theaters – 106 screens (4 screens belong to mission Drive in)
Amc Theaters – 33 screens
Cinemark Theaters – 25 Screens
Total: 244 Screens