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What’s holding up the proposed movie theater on Carolina Beach Road?

Chris Mazzolini

Matthew Di Gioia, the developer of the Belle Meade project, said the project is still moving forward, but he can’t make any formal announcements right now.

He said he is still negotiating with potential tenants, including the theater tenant, and is working to secure financing for the project.

He said the economy has definitely played a role in the delay in the project, which was announced in 2008.

Here’s a link to the announcement story:


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