Mercato signs lease with Paragon Theaters for vacated cinema

Paragon Theaters, a South Florida-based national movie theater operator, will operate an 11-screen cinema at Mercato, the leasing agent for the North Naples lifestyle destination announced Oct. 21.

Paragon, which also will continue to operate across U.S. 41 North in The Pavilion, is expected to open in early 2027 in a 33,700-square-foot space previously operated by Alamo Drafthouse and Silverspot cinemas on the second floor at Mercato.

Guests will have the option to choose from Paragon’s signature Lux Box seating, which provides heated recliners and full table service. The dine-in experience will be anchored by MyPi Pizza, Paragon's in-house pizza concept, featuring made-to-order pies with dough made fresh daily. The theater also will offer a full bar with craft cocktails, wine and beer.

Ticket pricing at Mercato will be consistent with Paragon's nearby locations, including a $5 Ticket Tuesdays promotion.

Paragon’s Mercato location will feature fully upgraded screens and seating, including two Axis15 Extreme premium large-format screens with tilted screens, 4K laser projection and Dolby Atmos sound.

The location also introduces called the Director’s Room, a private theater available to rent for personal movie screenings, sports viewing parties, corporate events and other gatherings.

Paragon has plans to hire for several open positions at its Mercato cinema.