On June 9, 2011, Premiere Cinemas opened an all-digital 14-screen (2,600-seat) theater facility (potential to expand to 18 screens) on 8.41 acres near the southwest corner of Southern and Unser boulevards.
The physical street address is 1000 Premiere Parkway.
The moview hotline telephone number is (505) 994-3300, and the Web site is www.pccmovies.com
At their July 14 and July 28, 2010, meetings, the Governing Body approved a gross receipts tax investment policy (GRIP) for this project. View the GRIP ordinance that was adopoted.
When a GRIP is approved, a developer/retailer pays for the cost of public infrastructure improvements (roads, drainage, water and wastewater lines, etc.) for a project, and in return the city refunds a percentage of the yearly applicable gross receipts tax revenues it receives that are directly attributed to the retail sales of the project/business back to the developer up to a maximum number of years.