CineVista Theatres
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CineVista Theatres
CineVista Theatres was a movie theatre chain in Puerto Rico founded in the 1990s. After CineVista went bankrupt and started closing its theatres, Caribbean Cinemas became the only theatre chain in Puerto Rico. History In 1994, CineVista Theatres would be acquired by Reading International Inc. In December 1999, at a cost of $8,000,000 a new CineVista Theatres complex of Twelve Plex Theaters at the Plaza Carolina in Carolina, which contained stadium-style seats would be built. It would officially open in the year 2000. In 2000, was the opening by Caribbean Cinemas of a state-of-the-art multiplex cinema in the Plaza Las Américas the largest shopping center in Puerto Rico. Prior to the opening of this cinema, CineVista’s cinema complex at the Plaza Las Américas was Reading’s top grossing cinema in Puerto Rico. Reading believed that the entering into of the lease with respect to this cinema by the owner of the Plaza Las Américas and Caribbean Cinemas was in violation of agree ...
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Caribbean Cinemas
Caribbean Cinemas is a chain of movie theaters in Puerto Rico and the Caribbean. It is the only major chain in Puerto Rico following CineVista's bankruptcy. The chain has expanded into Dominican Republic, Panama, St. Thomas, St. Croix, St. Maarten, St. Kitts, St. Lucia, Antigua, Aruba, Trinidad and Tobago, Guyana, Curaçao, Guadeloupe, Guatemala and Bolivia. History and expansion In 2005, Caribbean Cinemas bought the second floor CineVista location at Plaza Las Américas after it was closed by the latter company; reopening under the Caribbean Cinemas brand as the largest of the chain, with 17 theater halls. In 2007, CineVista also closed its location on the second floor of Plaza del Norte before declaring bankruptcy and ultimately going out of business; Caribbean Cinemas also opted to buy out the empty space five years later and reopened as Caribbean Cinemas in May 2012 with 5 theater halls and one in 3D. On June 19, 2019, Caribbean Cinemas celebrated its 50th anniversa ...
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Hatillo, Puerto Rico
Hatillo () is a town and municipality located in Puerto Rico's north coast, bordered by the Atlantic Ocean to the north, Lares and Utuado to the south, Camuy to the west, and Arecibo to the east. According to the 2000 US Census Hatillo is spread over nine barrios and Hatillo Pueblo (the downtown area and the administrative center of the city). It is part of the San Juan-Caguas-Guaynabo Metropolitan Statistical Area. History Agustín Ruiz Miranda, a Canarian immigrant, founded Hatillo on approximately ten (a cuerda is 0.97 acre, also called a Spanish acre) in 1823. Miranda granted this land on the condition that public buildings be erected and wide streets be built, and that the remaining land be sold or used for homes. In its first year, Hatillo had 910 people; increasing to 2,663 inhabitants the following year distributed among the central town and the barrios of Carrizales, Capáez, Naranjito, Corcovado, Buena Vista (formerly Yeguada Occidental), Campo Alegre (form ...
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Defunct Cinema And Movie Theatre Chains
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ...
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Santurce, San Juan, Puerto Rico
Santurce (, meaning Saint George from Basque language, Basque ''Santurtzi'') is the largest and most populated Barrios of San Juan, Puerto Rico, barrio of the Municipalities of Puerto Rico, municipality of San Juan, Puerto Rico, San Juan, the capital city of Puerto Rico. With a population of 69,469 in 2020, Santurce is also one of the most population density, densely populated areas of the Geography of Puerto Rico, main island of Puerto Rico (13,257.4 persons per square mile (5,178.6/km2)) with a population larger than most municipalities of the territory. Founded as San Mateo de Cangrejos in the 1760, Santurce officially became part of the municipality of San Juan in 1863. From its original settlement, its history has been marked by diverse waves of immigration, particularly of Afro–Puerto Ricans, Afro-Puerto Rican, Chinese immigration to Puerto Rico, Chinese, History of the Jews in Puerto Rico, Jewish and Dominican Republic immigration to Puerto Rico, Dominican communities who ...
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Developers Diversified Realty
SITE Centers Corp. (formerly DDR Corp. and Developers Diversified Realty, Inc.) is a publicly traded real estate investment trust that invests in shopping centers. Founded in 1965 by Bert Wolstein, the company is headquartered in Beachwood, Ohio. As of December 31, 2019 the company owned interests in 170 shopping centers in the United States containing 57.0 million square feet and managed 13.2 million square feet for Retail Value Inc. Notable properties wholly owned by the company include Shopper's World in Framingham, Massachusetts. Its major tenants include retailers such as TJX Companies, PetsMart, Dick's Sporting Goods, Ulta Beauty, Ross Stores, and Nordstrom. History SITE Centers was founded in 1965 by Bert Wolstein as Developers Diversified Realty, Inc. After two years, the company built its first property, a KMart store in Eastlake, Ohio. On February 12, 1993 Developers Diversified Realty, Inc. became a public company after making its initial public offering. Two years l ...
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Real Estate Investment Trust
A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. REITs act as a bridge from financial markets and institutional investors to housing and urban development. They are typically categorized into commercial REITs (C-REITs) and residential REITs (R-REITs), with the latter focusing on housing assets, such as apartments and single-family homes. Most countries' laws governing REITs entitle a real estate company to pay less in corporation tax and capital gains tax. REITs have been criticised as enabling speculation on housing, and reducing housing affordability, without increasing finance for building. REITs can be publicly traded on major exchanges, publicly registered but non-listed, or pr ...
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Mayagüez, Puerto Rico
Mayagüez (, ) is the ninth-largest Municipalities of Puerto Rico, municipality in Puerto Rico. It was founded as Pueblo de Nuestra Señora de la Candelaria de Mayagüez (Township of Virgin of Candelaria, Our Lady of Candelaria), and is also known as ''La Sultana del Oeste'' (The Sultaness of the West), ''Ciudad de las Aguas Puras'' (City of Pure Waters), or ''Ciudad del Mangó'' (Mango City). On April 6, 1894, the Monarchy of Spain, Spanish Crown granted it the formal title of ''Excelente Ciudad de Mayagüez'' (Excellent City of Mayagüez). Mayagüez is located in the center of the western coast on the island of Puerto Rico. It has a population of 73,077, and it is the principal city of the Mayagüez metropolitan area, Mayagüez Metropolitan Statistical Area (pop. 213,831) and the Mayagüez metropolitan area#Combined Statistical Area, Mayagüez–Aguadilla, PR Combined Statistical Area (pop. 467,599). History The Mayagüez metropolitan area, Mayagüez Metro Area (and part of ...
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Humacao, Puerto Rico
Humacao () is a Humacao barrio-pueblo, city and Municipalities of Puerto Rico, municipality in Puerto Rico located in the eastern coast of the island, north of Yabucoa, Puerto Rico, Yabucoa; south of Naguabo, Puerto Rico, Naguabo; east of Las Piedras, Puerto Rico, Las Piedras; and west of Vieques, Puerto Rico, Vieques Passage. Humacao is spread over 12 barrios and Humacao barrio-pueblo, Humacao Pueblo (the downtown area and the administrative center of the city). It is part of the San Juan-Caguas-Guaynabo Metropolitan Statistical Area. History The region of what is now Humacao belonged to the Taíno people, Taíno region of Humaka, which covered a portion of the southeast coast of Puerto Rico. The region was led by cacique Jumacao (also referred to as "Macao"). The Taíno settlement was located on the shores of what is called now the Humacao River. It is believed that the Taíno chief Jumacao was the first "cacique" to learn to read and write in Spanish, since he wrote a letter ...
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Mayagüez Mall
Mayagüez Mall is a shopping mall located in the municipalities of Mayagüez, Puerto Rico, Mayagüez and Hormigueros, Puerto Rico, Hormigueros. It is the third largest shopping center in Puerto Rico with a total of of retail space, and it is the main shopping center in western Puerto Rico. Its main stores include Walmart, JCPenney, Shoe Carnival, Old Navy, Marshalls, Tiendas Capri Office Max and Planet Fitness Coming Soon Burlington and Ross There is also a heliport within the mall property. The mall is made up of three concourses which connect at a central atrium. History Opening and success: 1970s In October 1970, a $6.5 million permanent mortgage was arranged by the Miami office of Friedman-Drew Corp. on the Mayaguez Mall. The mall was planned to be on a 38-acre tract and would have 300,000 square feet of building area including an enclosed air conditioned mall, parking for 2,000 cars would also be provided. The loan was for 27 years, lender being a New York State saving ...
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Plaza Del Norte
Plaza del Norte is a shopping center located in Hatillo, Puerto Rico currently owned and managed by Curzon Puerto Rico. It is the largest shopping center in northwestern Puerto Rico, with over 130 stores and fast food restaurants. History 1990s-2000s On May 14, 1991, the placement of the first stone was celebrated beginning construction on the Plaza del Norte shopping mall. In Spring 1992, being developed my HT Ventures, SE, Plaza del Norte inaugurated to much fanfare, featuring three main anchors, a 61,880 square-foot JCPenney, a 90,000 square-foot Sears, and a 110,580 square-foot Walmart store which was expected to create approximately 240 jobs for area residents. Due to success, it would later on receive renovations in 1995. In December 2002, Plaza del Norte attracted visitors from all over the Island with its unique architectural design, traditional fountain, and its mix of shops in its L-shaped design. Sears, JCPenney, Walmart, and Pueblo Xtra were all the perfect combi ...
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Puerto Rico
; abbreviated PR), officially the Commonwealth of Puerto Rico, is a Government of Puerto Rico, self-governing Caribbean Geography of Puerto Rico, archipelago and island organized as an Territories of the United States, unincorporated territory of the United States under the designation of Commonwealth (U.S. insular area), commonwealth. Located about southeast of Miami, Miami, Florida between the Dominican Republic in the Greater Antilles and the United States Virgin Islands, U.S. Virgin Islands in the Lesser Antilles, it consists of the eponymous main island and numerous smaller islands, including Vieques, Puerto Rico, Vieques, Culebra, Puerto Rico, Culebra, and Isla de Mona, Mona. With approximately 3.2 million Puerto Ricans, residents, it is divided into Municipalities of Puerto Rico, 78 municipalities, of which the most populous is the Capital city, capital municipality of San Juan, Puerto Rico, San Juan, followed by those within the San Juan–Bayamón–Caguas metro ...
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