iPic Entertainment® Expands in the Sunshine State iPic Entertainment® Announces Victory of Delray Beach's Fourth & Fifth Avenues Site

529-Seat, Eight Screen iPic Theaters, Class A Office Space and Retail Space Scheduled to Open in 2015

DELRAY BEACH, Fla., Aug. 27, 2013 /PRNewswire/ -- After an extensive and competitive bidding for the new Fourth & Fifth Avenues Site in Delray Beach, iPic Entertainment's proposal for a mixed-use development anchored by an eight screen, 529-seat luxury movie theater, was accepted in a unanimous vote by the city's Community Redevelopment Agency (CRA).

(Photo: http://photos.prnewswire.com/prnh/20130827/CL70051 )

iPic Theaters in Delray Beach will develop the historic Old Delray Library Site, located on Southeast Fourth Street, into a mixed-use development expected to open in 2015. The project will create more than 400 jobs and attract more than 400,000 visitors annually to Downtown Delray Beach.

"We are excited and honored to be chosen for this unique and one-of-a-kind project and look forward to bringing the revolutionary concept of iPic Theaters to the historic City of Delray Beach," explains President and CEO of iPic Entertainment Hamid Hashemi.

The new iPic Theaters at the 1.57 acre Fourth & Fifth Avenues Site will mark iPic's second location in South Florida, joining its flagship Boca Raton location situated at the luxury dining and shopping destination, Mizner Park. Delray moviegoers can expect the same level of affordable luxury and a superior movie-going experience as iPic's neighboring site. The development will boast spectacular architectural features and a mesmerizing atmosphere, along with a living wall and rooftop garden deck, while providing a memorable landmark for the growing downtown area.

"iPic destinations go beyond movies," explains Hashemi. "Moviegoers escape to where iconic design and contemporary luxury set the stage for an exclusive day or night out."

iPic invites guests to enjoy movies in ultimate relaxation and style with the option of Premium or Premium Plus leather seating and iPic's gourmet, chef-driven Tanzy Express.  Premium seat ticketholders will relax in large, plush leather seats and may purchase food and beverage from Tanzy Express and carry into the theater to enjoy at their seat. Premium Plus ticketholders enjoy the comfort of the exclusive full-leg reclining seats, pillows and blankets and personal service-call buttons that summon servers to deliver signature dishes or hand-crafted cocktails to their seat from Tanzy Express.

iPic Delray will feature eight auditoriums with seating between 40 to 120 in an intimate setting.  All auditoriums will be equipped with 4K digital cinema technology.  All seats may be reserved ahead of time on iPic's proprietary reservation system by visiting ipic.com or moviegoers can simply download the iPic App to their iPhones or Android for a hassle-free, one-step transaction process.  A free, exclusive membership program enables iPic members to cash in on discounted pricing, priority notification of tickets available for purchase to blockbuster movies, access to exclusive movie showings, free upgrades to Premium Plus seats and the ability to earn points toward iPic Member Reward programs. To become an iPic member, please visit www.ipictheaters.com/become-a-member.aspx

For more information on iPic Theaters, please visit www.ipic.com. Follow us on Facebook at www.facebook.com/ipictheaters and Twitter at www.twitter.com/ipictheaters.

About iPic Entertainment® 
Boca Raton, FL-based iPic-Gold Class Entertainment, LLC is regarded as an industry leader developer and operator of visionary entertainment destinations, operating exclusive venues that include premium movie theaters, restaurants and stylized bowling centers. iPic Entertainment currently operates nine theaters with 67 screens in Arizona, California, Florida, Illinois, Texas, Washington, and Wisconsin. Visit iPic on the web at www.ipic.com.

SOURCE iPic Entertainment



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