April 26, 2024 12:04 pm
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Fountain Hills movie-theater project still alive, developer says

These are photo renderings of the proposed Fountain Hills Town Square project in downtown Fountain Hills. Developer George Kasnoff has secured funding for the project, which would be built on the southwest corner of Saguaro Boulevard and Avenue of the Fountains.

By Edward Gately

The Arizona Republic

A partner in the development group that wants to bring Fountain Hills its first movie theater along with an entertainment complex said the project is alive despite the loss of financing.

Last week, Town Manager Ken Buchanan said the project was dead because the group behind the project hadn’t met the terms of a development agreement. The highly anticipated complex, named the Avenue, would include a 12-screen movie theater and retail, restaurant and office space.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.