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Alamo Drafthouse Village – Austin (4 screens opened July 2001).

Alamo Drafthouse South Lamar – Austin (6 screens opened March 7 2005).

Alamo Drafthouse at the Ritz (Downtown) – Austin (2 screens opened November 2007) Previous downtown location (single screen 1997-2007).

On October 2009, Alamo Drafthouse announced it planned to open further property expanding to the Odessa-Midland area, Amarillo, Corpus Christi, Lubbock, San Marcos, as well as existing property in the Houston area that will be acquired. The first outside of Texas was recently announced to open in Virginia in early 2009. A second San Antonio theater is underway (Park North), which will have six screens and is scheduled to open in 2009. Since February 2005, the new company, under CEO and partner John Martin, has purchased the original franchise unit from Doss, opened a theater in Katy, Texas and has built a new-build multi-screen theater in the Rio Grande Valley though it was scheduled to open in 2008, the building has remained unfinished since March 2009. In August 2004, the largest Alamo (Westlakes) opened in San Antonio, Texas with nine screens. In May 2003, Travis Doss opened the first Alamo franchise location (Westoaks Mall) in Houston, Texas with six screens.

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In July 2004, Tim and Karrie League sold the brand, including the brand name, intellectual property and rights to all future Alamo Drafthouse expansion to CEO Terrell Braly, John Martin and David Kennedy, but retained an irrevocable license for the Austin locations (Village, Lamar, Downtown), which includes their Rolling Roadshow.

Almost simultaneously, the Alamo granted their first franchise, which opened in the West Oaks Mall in Houston, Texas. The Alamo Drafthouse Lake Creek has seven screens, all dedicated to new movies. In 2003, the Alamo Drafthouse moved even further north, to 13729 Research Blvd in far northwest Austin. With this new Alamo Drafthouse Village, the downtown location ceased showing second-run movies and began to concentrate almost exclusively on unusual programming including classics, cult classics, independents, documentaries, special guest appearances, and audience participation shows. In 2001, the Leagues renovated a four-screen art-house theater at 2700 Anderson Lane in North Austin which had recently closed, and opened it as an Alamo Drafthouse which specialized in first-run movies. Soon after opening, the original downtown theater began offering occasional unique programming such as silent movies scored by local bands playing live accompaniment, food-themed films such as Like Water for Chocolate served with a dinner matching the meals shown on screen, and retrospectives of various directors and stars. Customers write their orders on slips of paper, which are picked up by black-clad waiters moving quietly between the rows. The seating is arranged with rows of cabaret style tables in front of each row of seats, with an aisle between each row to accommodate waiter service.

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The company began as a second-run movie theater, and distinguished itself by the food and drink service offered inside the theater, including cold beers. The Alamo Drafthouse Cinema was founded by Tim and Karrie League at 409 Colorado St, in an Austin, Texas warehouse-district building that was being used as a parking garage.