Key facts
- Everyman cinema is opening a new five-screen venue.
- The new cinema will be located at the Elephant & Castle regeneration project.
- The Elephant & Castle regeneration project is a £500 million development.
- The project is located in south London.
- Everyman cinema has faced recent trading difficulties.
- The cinema chain hopes to benefit from increased footfall at the development.
Everyman cinema is preparing to launch a new five-screen venue within the Elephant & Castle regeneration project located in south London. This development represents a significant investment of £500 million. The cinema chain, which has encountered recent trading challenges, is optimistic that the new location will contribute positively to its performance. The strategy behind this expansion is to capitalize on the anticipated increase in footfall generated by the wider regeneration project. The Elephant & Castle area is undergoing substantial transformation as part of this £500 million initiative, aiming to revitalize the locale and attract more visitors and residents.