UPDATED: Theater at Highland Park Village in Dallas to be taken over by Landmark

Highland Park Village owners have entered into a partnership with Landmark Theaters to operate the iconic Village Theater, reopening in May 2010 after a complete renovation. Landmark Theaters is part of the Wagner/Cuban companies, a vertically integrated group of media properties co-owned by Todd Wagner and Mark Cuban.

Landmark was selected because of its history and reputation in the marketplace. “Landmark is committed to having first run, hit movies shown at the Village Theater, which was one of our top priorities when considering operators,” says Stephen Summers, Highland Park Village director of leasing and partner of HP Village Partners, Ltd. “By partnering with Landmark, our goal of offering a ‘best in class’ experience will not only be achieved, but surpassed.”

The Village Theater, which originally opened in 1935, will reopen in May 2010 with new leather seating, digital projectors, state-of-the art sound technology and a wide selection of unique and traditional concession items. Additionally, the revitalized theater will allow for reservations of private events such as birthday, anniversary or game watching parties. “We are excited to be a part of what is going on at the Village and see great potential for the remodeled theater,” says Kevin Parke, President of Landmark Theaters. Landmark Theaters owns and operates The Magnolia in West Village and the Inwood Theater on Lovers Lane, as well as 66 other theaters across the country.