Innovative & Nostalgic Drive-In Theatre to be built. Eustis is the right city to invest in, and this land is ripe for this type of development.
Eustis, FL
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Dear Eustis,
I am a filmmaker and storyteller. I fell in love with Cinema and Visual Arts going to old single screen movie theatres and drive-ins when I was a kid. It is because of this love of movies that I now am actively involved in preserving and re-inventing the movie going experience. For years, I have been looking for a theatre to purchase to add to our Veritas Theatres chain in Central Florida in addition to our already existing theatres in PA and TX. Early last year, I was struck with this vision that the best way to engage new audiences today and families is to provide them with an experience along with their movie: a nostalgic and innovative Drive-In Movie Theatre to serve the needs of a growing population and economy of tomorrow.
I was born at Waterman Hospital in Eustis, FL and this project is especially important to me, and the land I am looking to purchase is more than ideal. This 5-Screen Drive-In movie theatre that has a Lighthouse in the center is called the Lighthouse 5. We are requesting of the city to purchase 72 acres of commercial real estate on CR 44 next to Cobb’s Tractor and diagonal from Trout Lake. We are working with our neighbors and the city to provide an Entertainment Tourism Destination with this unique concept. Not only will the land be used for a Drive-In Theatre in the first phase of development but we look to also work with Trout Lake and expand their tourism offerings and an additional nature reserve. In future years we look to add some commercial outparcel with retail space and a convenience store on the corner next to Cobb’s Tractor.
My team and I have been looking for real estate in Central Florida for over a year, and though there are other prospects, Eustis is the right city to invest in, and this land is ripe for this type of development. It has been owned by the city of Eustis for over 40 years now, and my real estate company SpenceTF LLC is willing to pay the full assessed value to purchase and secure this land. This Thursday March 12 at 5pm at Eustis City Hall is the 4th and Final vote to purchase and build in Eustis FL. The commissioners need to hear from the community if you want this project or not, and I cannot do this without you. I am asking for your help and to speak on behalf of the Lighthouse 5 Drive-In project. Please let me know if I can count on your support.
