Aronov News

“The Ultimate Stadium Theater” Announced For Dogwood Festival Market

For Immediate Release: January 23, 2003

Montgomery, Alabama - Aronov Realty Management, Inc. is pleased to announce that Rave Motion Pictures will locate its first Mississippi location at Dogwood Festival Market on Lakeland Drive in Flowood, Mississippi. The anticipated opening of the entertainment complex is slated for early 2004.

The state-of-the-art 18-screen entertainment destination will encompass 82,000 square feet of innovative design and amenities not found in any other theater in the state. Rave's exacting design standards create "The Ultimate Stadium Theater" experience, with unobstructed viewing from all seats utilizing 18-inch risers and a remarkable 4 feet between rows for maximum legroom and ease of motion. Every auditorium will be equipped with the finest in projection and digital surround sound equipment. Each cinema features luxurious high-back reclining rocker seats with retractable cup holder armrests for convenience and/or cuddling. The design features wall-to-wall screens in every auditorium. And handicapped seating is easily accessible in designated prime viewing areas. The complex also features three concession areas and a private party room.

"We are very excited to see that Rave has selected Flowood for their first Mississippi location," said Mayor Gary Rhoads. "I think it will be a wonderful complement for the retail center and another major drawing card for our growing area, where central Mississippi can come to shop, eat and be entertained," he continued.

Rave Motion Pictures is proud to feature only the finest in first-run films, and provide a courteous, well trained staff and experienced management team to enhance the movie-going experience.

Presently operating more than 118 screens throughout the country, Rave Motion Pictures is slated to open five new market locations in 2003.

"We are pleased that we can add this outstanding entertainment complex to our exciting retail line up at Dogwood Festival Market," states Beau Young, Aronov Developer. "As a Montgomery, Alabama-based real estate developer, we know first-hand of the phenomenal drawing power of the Rave location here. Rave's decision to locate this incredible complex at Dogwood Festival Market shows that national retailers recognize the dynamic growth potential in the area. This theater complex is going to change the film-going experience for everyone in central Mississippi," he added.

Dogwood Festival Market is being developed, managed and leased by Aronov Realty Management, Inc., of Montgomery, Alabama. Aronov is the largest privately-owned, fully diversified real estate company in the Southeast with over 100 properties, and performs acquisitions, development, management, leasing and brokerage services for its portfolio and property owned by third parties.

Leasing inquiries for Dogwood Festival Market may be made to Gary Jones at Aronov at 334-277-1000 or gary.jones@aronov.com.

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