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About Town: What a ‘Majestic’ redevelopment means for Hickory Hill
 
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Marie Pizano, founder and CEO of MVP3 Entertainment Group, spoke at an April 17, 2021, press conference at the Malco Majestic Cinema. (Patrick Lantrip/Daily Memphian)
 

Marie Pizano, founder and CEO of MVP3 Entertainment Group, spoke at an April 17, 2021, press conference at the Malco Majestic Cinema. (Patrick Lantrip/Daily Memphian)

Welcome to About Town, where we take a deeper dive into one area of the city each week while also highlighting the latest news, developments and back stories from Memphis’ neighborhoods. This week’s focus: Hickory Hill.

This time next month, work could begin on renovating a Malco movie theater in Hickory Hill into a $50 million entertainment hub.

If everything goes as planned, the southeast Memphis neighborhood could host outdoor movie sets, music recording studios, a sports complex, an indoor family theme park and a 150-room hotel as part of a four-phase project.

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For the full story: Planners aim to turn old movie theater into $50 million entertainment hub

MVP3 Entertainment Group, ATWEC Technologies and Worsham Hotel Group are set to close a deal May 15 to purchase the Malco Majestic Cinema and adjacent 20 acres, located at 7051 Malco Crossing.

The property is appraised at $1.8 million and currently owned by Michael Lightman with Michael Lightman Realty Co., according to the Shelby County Assessor’s Office.

Marie Pizano, founder and CEO of MVP3 Entertainment, hopes to transform the Majestic Cinema into an entertainment center comparable with any in the country.

The company’s goal is to attract more film projects and musicians to Memphis through the additional entertainment space.

While the project’s potential appears limitless based on this past Saturday’s press conference, the redevelopment’s location is arguably just as important.

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Shelby County Commissioner Eddie Jones attended the press event and said this project – if successful – could spur more commercial development in Hickory Hill and the surrounding neighborhoods. 

“Most of the development we see is generally Downtown,” Jones said. “All of what they’re offering here is a good thing.”


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