The cinema is part of a regeneration of the town
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Tickets are going on sale at Cornwall's first new cinema complex, the first to be built in 70 years.
The £3.5m White River cinema, which opens on Friday, is the first part of a £75m regeneration project in St Austell which is due for completion next year.
The Regional Development Agency, which is investing £31.5m in the redevelopment, said 54% of the retail space had been let out.
The scheme is expected to provide employment for up to 700 people.
The project was hit in November by the main developers, David McLean Developments Ltd, going into administration.
However, its wholly-owned subsidiary, White River Developments, is still trading.
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