philip lelyveld The world of entertainment technology

30Jan/19Off

Indoor virtual reality theme park seeks Philly-area site

01292019_VR_park.2e16d0ba.fill-735x49001292019_VR_GYRO_360.width-704With a modular format, the VR theme parks can offer experiences ranging from a Junior Zone that allows young children to discover, learn and explore through virtual and physical spaces, to a Sports Zone where all ages can learn, practice and hone skills in football, baseball, clay pigeon shooting and other sports, to an Arcade Zone featuring immersive and interactive arcade games, the company said.

Legend Heroes has hired retail leasing specialist R.J. Brunelli & Co. of northern New Jersey as its exclusive nationwide real estate broker for its entry into the U.S. market.

Brunelli is scouting vacant anchor and sub-anchor spaces at regional malls as the preferred locations, as well as freestanding or strip center big-boxes.

Other possible venues include warehouse/flex buildings in close proximity to major malls or entertainment complexes.

Building requirements call for 30,000- to 40,000-square-foot spaces with a minimum ceiling height of 16-feet overall, with 40 percent of the space at least 32-feet high for rides, noted Julie T. Fox, Brunelli's manager of new tenant representation. Preferred locations should have five million people within 30 miles, with a one-hour maximum driving distance, Fox said.

See the full story here: https://www.phillyvoice.com/indoor-virtual-reality-theme-park-seeks-philly-area-site/

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