Regal Entertainment Group plans to open a 12-theater, state-of-the-art cineplex early next year at the Moorestown Mall.
Joseph Coradino, CEO of the mall's owner, Pennsylvania Real Estate Investment Trust, said the cineplex will replace the existing 4-screen United Artists theater.
"It will have stadium seating, digital sound, premium, very high end" features, Coradino said. The new cineplex will also cater to 3D movies.
The cineplex will occupy the space of the current theater and expand into the adjacent Black Diamond Skate Park, whose lease was terminated effective March 31 to allow the renovations to begin.
The mall owners convinced Moorestown voters last year to approve the sale of alcohol in their dry town, saying it would help revitalize the struggling shopping center on Route 38.
In recent weeks, Coradino announced the deal with Regal Entertainment and PREIT's plans to open four new restaurants that serve liquor within the next two years.