Memphis, Tenn. (WTVA) -- Malco Theatres has acquired the closed 10-screen movie theatre and outdoor amphitheater in the Oxford Commons development at the corner of Sisk Avenue and Highway 7 in Oxford.
Malco will also acquire adjacent property from Kenlan Development Company in order to double the size of the building, converting it to a family entertainment center.
This will include the theatre and amphitheater, a 26-lane bowling center with a boutique bowling area, a bar and restaurant, birthday party and event rooms, and a redemption game area featuring a laser maze and bumper cars.
The theatre will be remodeled with all new rocking chair seats, upgraded sound systems, and new state-of-the-art digital projection.
The additional screens in the market will allow Malco to offer a wide range of independent, foreign, and smaller films that it was not previously able to show in Oxford.
Also, the digital projection systems will enable Malco to show concerts, operas, livetheatre, and sporting events.
The theatre portion of the project will open by Labor Day.
When completed next year, the total theatre/bowling/family entertainment center will employ approximately 100 people.
This will be Malco’s second Family Entertainment Center, joining the recently opened Premier Lanes and Family Entertainment Center in Gonzales, LA.
“Malco is very excited about bringing a second state of the art, all digital cinema and family entertainment center to the Oxford community. The end product will be something the community will be very proud to have and enjoy for many years to come”, said Jimmy Tashie, Executive VP of Theatre Operations.