Palace Cinemas to expand into Melbourne West with 12-screen cinema at Moonee Ponds
Palace Cinemas is expanding into Melbourne’s west with their eighth Melbourne complex in the Moonee Ponds precinct.
The group, which operates 85 screens across 20 locations nationally, has plans for a 12-screen cinema at Puckle Street.
It will include 3 platinum screens, a total 620 seats and an outdoor cinema space. The cinema will be part of a retail, hospitality, accommodation and leisure development by Giancorp Property Group in Melbourne’s inner West.
Palace Cinemas’ CEO Benjamin Zeccola said the group had been looking to set up shop in Melbourne’s West for a while now.
“Our audiences had expressed that there was a real market gap in cinemas delivering a premium experience and offering quality film in that area, so when the opportunity arose to be part of a stylish new development in Puckle Street it was perfect,” he said.
Palace Cinemas also said new cinemas had been confirmed for Melbourne’s Old Pentridge Prison in Coburg, as well as Sydney suburbs Double Bay and Chippendale, and Raine Square in Perth.
With the expansion, the group was poised to introduce a “wider audience to its unique combination of entertainment hospitality,” it said in a release.
Construction at Moonee Ponds is expected to begin in 2017 with the opening expected in 2019.
In 2016, Palace Cinemas bought office space in South Yarra for $3.5 million with the intention of making it the group's new headquarters.
