New 15-screen theatre development coming to The Boro at Tysons
- June 29, 2015
Kerasotes Showplace Theatres, based in Chicago, plans to open a luxurious new cinema at The Boro, a growing development in Tysons near the Greensboro Metro station in Fairfax County.
Showplace ICON will offer 15 screens, dining options and reserved seating. Geoffrey Mackler of H&R Retail represented Kerosotes in the transaction.
“We're thrilled to be a part of The Boro development," Tony Kerasotes, chairman and CEO of Kerasotes Showplace Theatres, said in a statement.
The Meridian Group, based in Bethesda, Md., is developing the Boro, which is a redevelopment of SAIC’s corporate campus in Tysons. Whole Foods also has agreed to serve as an anchor tenant in the development and has signed a 70,000-square-foot lease for a flagship store.
Showplace ICON will open in the summer of 2018. It will have 109,000 square feet of space, including auditoriums with large screens and leather recliners.
A lobby lounge will offer a bistro and bar, with seating for more than 150. Showplace Icon also will have rentable space for corporate meetings and events, with satellite-conferencing capability and the ability to project multiple formats onto the large screens.
The Boro’s first phase, scheduled to break ground in summer 2016, will consist of 1.4 million square feet of mixed-use development. It will include 626 apartments, 124 condominiums, 223,000 square feet of retail, 400,000 square feet of office space and a one-acre public park.
When complete, the development will include 1.8 million square feet of residential space, 1.3 million square feet of office, 316,000 square feet of retail, and 250,000 square feet of hotel space.