Regal Entertainment Group has announced the company will locate its new corporate headquarters on Knoxville’s South Waterfront. Regal, which operates the largest and most geographically diverse U.S. theater circuit, expects to create 75 new jobs.
Regal Entertainment (shown here in the Gay Street location) will locate their new headquarters in a nine-story, 178,000-square-foot building along Knoxville’s South Waterfront. File photo by Celebrate Knoxville.
Knoxville leaders praised the collaborative effort to bring Regal to Knoxville’s waterfront as well the economic impact the company has on the East Tennessee community.
“Regal Entertainment has deep roots in East Tennessee and is a great corporate citizen and partner,” Knoxville Mayor Madeline Rogero said. “This is a fantastic opportunity to bring a major corporate headquarters to our rapidly redeveloping South Waterfront, and to keep hundreds of high-paying jobs here in Knoxville. Thanks to Regal, Governor Haslam, (TNECD) Commissioner Boyd, (Knox County) Mayor Burchett, TVA and Southeastern Development Associates for working with us to put this project together.”
Regal Entertainment Group operates 7,357 screens in 571 theaters in 42 states along with Guam, American Samoa and the District of Columbia. The Company operates theaters in 46 of the top 50 U.S. designated market areas.