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International Entertainment News

Friday, May 11, 2007

Joseph Freed and Associates LLC Welcomes Nation's First Sundance Cinemas to Hilldale Mall in Madison, Wisconsin

Joseph Freed and Associates LLC Welcomes Nation's First Sundance Cinemas to Hilldale Mall in Madison, Wisconsin

Lt. Governor, County Executive and Mayor welcome the independent and foreign language film theatre at ribbon-cutting

MADISON, Wis., May 11 /PRNewswire/ -- Joseph Freed and Associates LLC, the national mixed use real estate developer, today welcomed Sundance Cinemas to Hilldale Mall, its 37-acre mixed-use redevelopment in Madison, Wisconsin.

Lt. Governor Barbara Lawton, County Executive Kathleen Falk, Madison Mayor Dave Cieslewicz, Sundance Cinemas President and CEO Paul Richardson and Dominic Lanni, Vice President of Development for Joseph Freed and Associates, LLC participated in the ribbon cutting ceremony marking the opening of the first Sundance Cinemas movie theatre, which will feature the best in independent and foreign language films.

Larry Freed, President of Joseph Freed and Associates, LLC said, "This is a very special day for Hilldale Mall and for the City of Madison. We are extremely proud that Sundance Cinemas has chosen our project as the site of their first movie theatre. We believe that this will be an important relationship for us as we continue to build mixed-use properties across the nation."

Hilldale Mall is a multi-phased mixed-use redevelopment project located three miles from downtown Madison. The first of the project's planned four phases is nearing completion.

In addition to the Sundance Cinemas, the project includes the 420,000 square foot renovated Hilldale Mall, 40 townhouses and condominium units at Hilldale Row, Street Retail with 75,000 square feet of retail space and a 667- space parking garage.

The second phase of the Hilldale development will be anchored by a Whole Foods store. It will include approximately 144 condominium, townhouse and loft spaces, a 44,500 square foot health club, restaurants, parking and green space.

The third and fourth phases of the development include a hotel, amphitheater park, and a renovated rear mall entrance and food court.

Sundance Cinemas 608 at the Hilldale Mall will offer the finest independent and foreign language films.

The complex features six stadium seated auditoriums with reserved seating, digital stereo surround sound, restaurants and a rooftop bar, a coffee shop featuring San Francisco-based Peet's Coffees and Teas, and a shop selling Sundance logo items and work from local artists.

Paul Richardson, president and CEO of Sundance Cinemas, LLC, said, "We are thrilled to be a part of the beautiful Hilldale Mall in Madison. The Sundance Cinemas 608 will add a destination for those seeking entertainment, fine food and drinks to the thriving center."

Today's ribbon cutting opening the theatre to the public follows a week featuring benefit events in support of the Chazen Art Museum, the Wisconsin River Alliance and OutReach, the Madison-based LGBT Community Center.

About Sundance Cinemas, LLC.

Sundance Cinemas, LLC is based in Los Angeles, California. It plans to build a multiple facility national theatre circuit. Sundance Cinemas, LLC Brings together Robert Redford's Sundance brand, a recognized name in independent film with the seasoned specialized theatre management team of Paul Richardson and Bert Manzari. Investment funds managed by Oaktree Capital management are financing the company.

About Joseph Freed and Associates LLC.

Joseph Freed and Associates LLC is an entrepreneurial real estate company that develops, acquires, and operates retail and mixed-use properties nationally with a dedication to long-term value creation. For more information, visit the Company's website at http://www.josephfreed.com/ .

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Source: Joseph Freed and Associates LLC

CONTACT: Jayne Carr Thompson of Joseph Freed and Associates,
+1-312-658-0445

Web site: http://www.josephfreed.com/


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