FOR IMMEDIATE RELEASE: BALL VENTURES AND LARRY H. MILLER GROUP OF COMPANIES ANNOUNCE MEGAPLEX THEATRES JOINT VENTURE
IDAHO FALLS, ID (December 26, 2019) - Ball Ventures and Larry H. Miller Group of Companies announce a joint venture for a new Megaplex Theatre planned for Idaho Falls. The new theatre, the first Megaplex in Idaho, will be located in Snake River Landing, a 450-acre mixed-use development located along the Snake River and Interstate 15. Plans for the new theatre complex are underway, with additional details forthcoming. The companies anticipate breaking ground on the project in the spring of 2020.
“Our partnership with Ball Ventures delivers a natural extension to our current theatre offerings in Utah and Nevada,” said Gail Miller, owner and chairman of Larry H. Miller Group of Companies. “Our mission is to enrich lives and we see this as an opportunity to continue our legacy of providing quality, family friendly entertainment to a rapidly growing area in Idaho. We look forward to building upon our commitment to support and enhance the communities where we do business.”
“Ball Ventures, a highly respected, first-class development firm, is the type of partner we seek when expanding into new markets,” said Steve Starks, Chief Executive Officer for Larry H. Miller Group of Companies. “Snake River Landing is ideally located to serve communities from Blackfoot to West Yellowstone. Our Megaplex business model provides numerous amenities including state-of-the-art technology, luxury loungers, meeting and event space, a variety of concessions, and industry leading guest services. We look forward to providing quality entertainment options for the area’s families, nearby college students, and visitors.”
“We are so pleased to work with our friends at Larry H. Miller to bring Megaplex Theatres in Idaho Falls,” says Cortney Liddiard, CEO of Ball Ventures. “Across its many companies, Larry H. Miller Group has an incredible reputation for enriching the communities in which they operate. We are honored to work with Gail Miller and the LHM team to bring a first-class entertainment experience to residents of eastern Idaho.”
About Ball Ventures
Ball Ventures is a real estate investment and development company which owns and manages commercial real estate across the country. Led by an internal team of skilled real estate professionals, Ball Ventures' primary focus is in real estate. Ball Ventures has also formed other strategic partnerships to create a diversified real estate portfolio in healthcare, hospitality, and student housing. In addition to real estate, Ball Ventures has a more traditional private equity platform invests in various other industries, including auto dealerships, midstream oil, energy, private funds and other operating companies. More information at www.BallVentures.com
About Larry H. Miller Group of Companies
Headquartered in Sandy, Utah, the Larry H. Miller Group of Companies is a privately owned family business with more than 10,000 employees at businesses located across the United States. The LHM Group’s focus falls within six primary categories: automotive, sports, entertainment, finance, insurance, and real estate. For more information about the LHM Group, visit www.lhm.com.
About Snake River Landing
Snake River Landing is a master-planned waterfront community along the Snake River and Interstate 15 in the heart of Idaho Falls. At 450 acres, the project stretches from Pancheri Drive south to Sunnyside Road and includes areas for retail, office, medical, restaurant and residential space along with several parks, trails and water features. Snake River Landing features retail leasing, office leasing, ground leases, build-to-suit, and land for sale. More information at www.SnakeRiverLanding.com
About Megaplex Theatres
Megaplex Theatres operates 16 locations across Utah and southern Nevada with a total of 182 screens, including five IMAX screens. Founded by the late Larry H. Miller, Megaplex Theatres are frequently among the top grossing in the nation and recognized as Utah’s favorite movie theatres. In addition, Megaplex Theatres feature regular and large-format movie screens, dinner and a movie gift options, conference and auditorium rental, and an industry leading guest services team. Megaplex Theatres show times and other group information may be found on the web at www.MegaplexTheatres.com or by calling (801) 304-4545. Guests are also invited to follow their favorite films on Facebook at www.facebook.com/MegaplexTheatres and on Twitter @MegaplexTheatre.
# # #