Showtimes & Tickets
About Paragon Theaters
Paragon Entertainment Group produces one of a kind entertainment destinations by utilizing the latest technology and providing superior amenities. We pride ourselves on offering "Affordable Luxury" at typical movie theater prices, including:
- Expanded Food Offerings
- Restaurants and Bar/Lounges
- Reserved and VIP Seating
- Ancillary Entertainment, Including Bowling and Expanded Arcade
- Superior Customer Service
Paragon Entertainment Holdings, LLC (“Paragon”) was formed in 2010 by key former Muvico Entertainment, LLC ("Muvico") executives who sought to own and operate movie theaters and related retail entertainment ventures in the United States and abroad. Presently, Michael F. Whalen, Jr. and Michael Wilson own Paragon, which includes several theater assets, as well as My Pi Custom Pizza and Craft Beer. Paragon also manages several movie theaters for Cinepolis and i-Star Financial. Cinepolis is the fourth largest theater exhibition company in the world and largest in Latin America. In addition to Cinepolis and i-Star, Paragon has significant strategic relationships with companies and investment funds in the media and entertainment industries to create value for its partners and clients.
The world of theater exhibition is changing rapidly. Given competitive pressures of narrowing DVD windows, quick playtimes of movie runs (i.e. the need for less screens per theater), the advent of digital technology, sophisticated home entertainment, and other forms of competitive entertainment, theaters must offer an integrated entertainment experience that is not "just about the movie" but where the "movie is part of the overall entertainment experience.” Paragon seeks to shift that paradigm and create a true entertainment brand and destination for its guests by offering premium luxury leather seats with extended legroom, reserved seating, expansive food menus and concepts, a bar/lounge, and digital projection. Paragon believes such amenities should be offered at traditional movie going pricing, creating “Affordable Luxury” for its guests.
Paragon’s strategy is two-fold: (1) Retrofitting existing theaters, as well as existing retail space that has become available as a result of high vacancy rates; (2) Identifying new build opportunities to create entertainment venues that include movies, dining, and other forms of entertainment, such as bowling, billiards, or bocci.
Paragon’s first theater, which opened in April 2010, is a 70,000 sq. foot entertainment center in Fredericksburg, VA consisting of a movie theater, upscale bowling facility, and a restaurant. The theater boasts 12 high-definition digital screens, three of which include Premier VIP seating for 21 and over, and The Chatterbox, a bar & lounge serving beer, cocktails, and food. The luxury bowling facility has 16 lanes of bowling with a signature gourmet restaurant.
The second theater, Paragon Grove 13, previously operated by AMC, opened in June 2010 in CocoWalk (Coconut Grove, Miami) after a $4 million upgrade to include stadium seating, high-definition digital projection with 3D, and all reserved VIP seating. The theater also includes The Lot Bar and Lounge and VIP Premier theaters where patrons can enjoy a tapas menu of food and sample fine wines and beers before or after a movie while sitting in luxury leather seats complete with tray tables. Since Paragon acquired the location, sales have increased by approximately 45%.
In March 2011, Paragon closed on an acquisition of two theaters in Minnesota. The first is a 15-screen theater including a Club Level VIP Lounge, Extreme Theater, expanded concession menu, and Sony 4K digital projection. The second theater is located in Rochester, MN where Paragon renovated the theater lobby and auditoriums, added Sony 4K digital projection, opened The Backlot Bar and Lounge, and expanded the food offerings.
In May 2011, Paragon opened an 8-screen theater in Deerfield Beach, FL. Located at the prominent corner of Hillsboro & Powerline, Paragon Deerfield 8 has been fully renovated and now boasts an Extreme Theater, Sony 4K HD digital projection technology, reserved seating, all luxury-stadium seating, an updated lobby and restrooms, as well as the The Lot Bar & Lounge, where guests can enjoy an expanded drink menu, along with items like hummus, quesadillas, and flatbreads—all while remaining under the “Affordable Luxury” brand. Sales at the Paragon Deerfield 8 are up over 50% from levels achieved before the renovations.
More recently, Paragon acquired a theater in Daytona Beach, FL at Ocean Walk Shoppes. The Paragon Ocean Walk 10 was fully renovated to include Sony 4K Digital projection, leather VIP seats, a private screening room with recliner seats, and an Extreme Theater; extensive renovations were also completed throughout the lobby and auditoriums. The Ocean Walk location features My Pi where customers create their own personal pizzas (www.mypipizza.com).
Late Spring, Paragon Pavilion will open in Naples, FL and Paragon City Center 12, My Pi, and Neo Kitchen + Bar will open in Newport News, VA.
954-320-7112 Ext. 2560