Malco Majestic sold for $2.5 million
After $50 million entertainment hub deal stalls, former movie theater in Hickory Hill has new owners, new vision.
There are 6 article(s) tagged MVP3 Entertainment Group:
After $50 million entertainment hub deal stalls, former movie theater in Hickory Hill has new owners, new vision.
“I want to pay it forward, and I’m working with an organization that is doing incredible things to help children and families,” Marie Pizano said of MVP3 Entertainment Group’s partnership with Rotary-Family Youth Initiative.
Thursday marked the launch of initial plans for the $50 million project near Winchester and Riverdale roads.
If everything goes as planned, the southeast Memphis neighborhood could be home to outdoor movie sets, music recording studios, a sports complex, an indoor family theme park and a 150-room hotel.
MVP3 Entertainment Group and ATWEC Technologies plan to buy Malco Majestic Cinema in Southeast Memphis and transform it into a sports complex and film production facility. A hotel is also set to be built on the 20-acre site.
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