For Immediate Release
MAYOR BOOKER, SHAQUILLE O’NEAL AND BORAIE DEVELOPMENT, L.L.C., TO ANNOUNCE NEWARK SCREENS EXPANSION, SUNDAY, MARCH 20, AT 2 P.M. AT 360-394 SPRINGFIELD AVENUE IN NEWARK’S CENTRAL WARD
25,000 square foot expansion will add six screens, 3-D screens to theater;
Project estimated to provide 40 construction jobs and 20 permanent jobs
Newark, NJ – March 18, 2011 – Mayor Cory A. Booker, Deputy Mayor of Economic and Housing Development Stefan Pryor, Brick City Development Corporation CEO Lyneir Richardson, basketball star and entrepreneur Shaquille O’Neal, O’Neal Group President Michael Parris, and Boraie Development L.L.C. President Omar Boraie will announce the redevelopment and expansion of Newark Screens on Sunday, March 20, 2011, at 2 p.m. Newark Screens is located at 360-394 Springfield Avenue in the Central Ward.
The redevelopment and expansion project will add 20,000 square feet to the existing movie theater, and when complete, an additional six screens, including 3-D screens, and 40 construction and 20 permanent theater jobs for Newark residents. It will also help continue the revitalization of this Central Ward neighborhood. The developers are Boraie Development L.L.C. and The O’Neal Group. Financing for the project was provided by the Goldman Sachs Urban Investment Group in partnership with New Jersey Community Capital, the New Jersey Economic Development Authority, and Brick City Development Corporation.
WHO: Mayor Cory A. Booker, Deputy Mayor of Economic and Housing Development Stefan Pryor, Brick City Development Corporation President Lyneir Richardson, basketball star and entrepreneur Shaquille O’Neal, The O’Neal Group President Michael Parris, and Boraie Development L.L.C. President Omar Boraie.
WHAT: Will announce the redevelopment and expansion of Newark Screens.
WHEN: Sunday, March 20, 2 p.m.
WHERE: Newark Screens
360-394 Springfield Avenue
Contact: Newark Press Information Office – (973) 733-8004 or pressoffice@ci.newark.nj.us