On April 20, the Hyatt Place Delano by YK America had its grand opening. On May 16, another major project – the Maya Cinemas – also had its grand opening ceremony! Being the only cinema in town, the opening of the Maya Cinemas has become a major milestone in Delano for YK America!
The Maya Cinemas is a key anchor tenant within YK’s Vineyard Plaza. At 6.2 acres, the cinema offers 12 large screening rooms in a 45,000 SF shell building.
Established in 2000, the Maya Cinemas is a large scale, contemporary movie theater franchise that serves the Latin American markets.
Delano is the fifth city with a Maya Cinema. The company continues to expand in cities with a large hispanic population.
Delano is the second largest city in Kern County, and is located at the northern region of Southern California. At 14.4 square miles, the city of Delano saw a dramatic increase in population from 38,800 in 2000 to 60,460 in 2015. The area is well known for its agricultural products such as grapes and mangos, with the famed “Wonderful Citrus” company producing the beloved mandarin oranges. As one of the fastest-growing areas in California, Delano is located between San Francisco and Fresno to the north and Bakersfield and Los Angeles to the south, and strategically located on State Route 99.
In 2008, YK America brought in the Delano Marketplace anchored by Walmart Supercenter, followed by Big 5 Sporting Good, Ross, Panda Express, Taco Bell, McDonald’s, Dollar Tree, GNC, UPS, Sally Beauty, etc. By creating over 3,000 jobs, the local unemployment rate decreased from 37.6% in 2009 to 8.9% in 2017.
Since 2009, YK America has synergized commercial real estate development with the EB-5 immigration through investment program. Besides creating jobs and tax revenues, it also became the ideal platform for foreign investment, making possible the American Dream for many people. It has maintained a 100% success rate in immigration approvals for the past decade.
Currently, YK has rolled out its 15thproject: the Turtle Creek Luxury Apartments in Riverside. We welcome your inquiry!