Cobb Theaters to Anchor Daytona Live!
21 April 2008 - 10:00PM
PR Newswire (US)
DAYTONA BEACH, Fla., April 21 /PRNewswire-FirstCall/ --
International Speedway Corporation (NASDAQ:ISCA)(OTC:ISCB)
(BULLETIN BOARD: ISCB) ("ISC"), The Cordish Company and Cobb
Theatres announced today the addition of Cobb Theatres' Daytona
Live 14 & CINEBISTRO to the new Daytona Live! mixed-use
district located adjacent to the Daytona International Speedway.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080421/CLM030 )
"Daytona Live! will be a world-class retail, dining and
entertainment district and we are thrilled to add our next
generation theater experience to the district," said Jeremy Welman,
chief operating officer of Cobb Theatres. "Our theater will have
something for everyone. Families can come and enjoy the first rate
accommodations in the traditional theater setting, while others can
enjoy a more intimate upscale experience in the loge level." The
65,000 square foot theater will feature 14 screens featuring
digital projection with 3D capabilities, stadium seating and a loge
level providing 350 reserved premium seats and a full-service
restaurant & bar area. The theater will include a large lobby
and box office, expanded snack bar menu, interactive video games,
birthday party rooms and extra large chairs. The premium loge level
will offer reserved seating in six of the largest auditoriums and
includes oversized premium style leather "love seats," and in-seat
service for food and beverages. Concierge service will be offered
to customers to assist in arranging parties and events in the
facility. Brian Wilson, vice president of corporate development, of
ISC, added, "Daytona Live! has received terrific support from the
community. We are proud that Cobb Theaters will anchor our
development and serve as the movie destination for the region.
Their association with Daytona Live! further enhances the
reputation of our project and is a testament to the high-caliber
entertainment, shopping and dining establishments we are planning
to bring to Daytona Beach." "Daytona Live! will set the bar for
entertainment in the Daytona Beach region and Cobb Theaters is
setting the standard in the movie theater industry," enthused Joe
Weinberg, principal in The Cordish Company. "Daytona Live! will be
a huge attraction for the regional residential population as well
as tourists to Daytona Beach and we are thrilled to have Cobb
Theaters be a major part of this significant project for the
region." Cobb Theatres Cobb Theatres is based in Birmingham,
Alabama and has an 87 year tradition in the motion picture
exhibition arena. Cobb Theatres currently operates 166 screens in
the Southeastern United States and has another 89 in development.
Cobb is a progressive innovator in the out of home entertainment
arena, offering great family entertainment venues as well as the
new CINEBISTRO a fully integrated premium cinema and restaurant
concept. Please visit us at http://www.cobbtheatres.com/ for
additional information and a location near you. International
Speedway Corporation International Speedway Corporation is a
leading promoter of motorsports activities, currently promoting
more than 100 racing events annually as well as numerous other
motorsports-related activities. The Company owns and/or operates 13
of the nation's major motorsports entertainment facilities,
including Daytona International Speedway(R) in Florida (home of the
Daytona 500(R)); Talladega Superspeedway(R) in Alabama; Michigan
International Speedway(R) located outside Detroit; Richmond
International Raceway(R) in Virginia; Auto Club Speedway of
Southern California(SM) near Los Angeles; Kansas Speedway(R) in
Kansas City, Kansas; Phoenix International Raceway(R) in Arizona;
Chicagoland Speedway(R) and Route 66 Raceway(SM) near Chicago,
Illinois; Homestead-Miami Speedway(SM) in Florida; Martinsville
Speedway(R) in Virginia; Darlington Raceway(R) in South Carolina;
and Watkins Glen International(R) in New York. In addition, ISC is
a limited partner with Group Motorise International in the
organization and promotion of certain events at Circuit Gilles
Villeneuve in Montreal, Canada. The Company also owns and operates
MRN(R) Radio, the nation's largest independent sport radio network;
the Daytona 500 Experience(SM), the "Ultimate Motorsports
Attraction" in Daytona Beach, Florida, the official attraction of
NASCAR(R); and Americrown Service Corporation, a subsidiary that
provides catering services, food and beverage concessions, and
produces and markets motorsports-related merchandise. In addition,
ISC has an indirect 50 percent interest in a business called
Motorsports Authentics(R), which markets and distributes
motorsports-related merchandise licensed by certain competitors in
NASCAR racing. For more information, visit the Company's Web site
at http://www.iscmotorsports.com/. The Cordish Company The Cordish
Company (http://www.cordish.com/), now in its fourth generation of
family ownership, is a multi-billion dollar conglomerate including
one of the leading real estate development companies in the United
States. The company has diverse development expertise with
divisions focused on Entertainment & Mixed-Use, Gaming &
Lodging, Sports Anchored Districts, Shopping & Lifestyle
Retail, Office and Residential. The Cordish Company also owns and
manages a diverse group of operating businesses, ranging from
restaurants/clubs to live music promotion to film/media
distribution. The company values itself on the quality of its
operations, its long-term relationships, and high level of
integrity in all of its endeavors. The Cordish Company is the
largest and most successful developer of entertainment districts
and concepts in the United States. In particular, the company has
unparalleled experience in creating and revitalizing high-profile
destinations in urban core locations. Many of the Cordish Company's
projects involve public/private partnerships and are of unique
significance to the cities in which they are located. Prime
examples are the company's prominent role in the redevelopment of
four highly successful projects in Baltimore's world-famous Inner
Harbor; Atlantic City, NJ; Hollywood, FL; Charleston, SC; Houston,
TX; Louisville, KY; and Tampa, FL. The company currently has over
one billion dollars in construction focusing primarily on Sports
Anchored Districts. The Cordish Company has received the highest
possible national awards in its various areas of expertise. In real
estate, the Cordish Company has received an unprecedented six Urban
Land Institute Awards of Excellence.
http://www.newscom.com/cgi-bin/prnh/20080421/CLM030
http://photoarchive.ap.org/ DATASOURCE: International Speedway
Corporation CONTACT: Wes Harris of International Speedway
Corporation, +1-386-947-6465; Jeremy Welman of Cobb Theaters,
+1-205-420-8442; Joe Weinberg of The Cordish Company,
+1-410-752-5444 Web site: http://www.iscmotorsports.com/
http://www.cordish.com/ http://www.cobbtheatres.com/
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