New Jersey Approves Massive Studio Complex in Bayonne as State Pushes to Attract Production

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New Jersey Approves Massive Studio Complex in Bayonne as State Pushes to Attract Production

As Gov. Phil Murphy continues his efforts to lure film and television production to New Jersey, the state economic development authority has given the green light to a thrilling partnership with a $1+ billion studio complex. This exciting project will feature 23 sound stages and is set to be built in the vibrant Bergen Point neighborhood of Bayonne, New Jersey, on the grounds of a former Texaco oil refinery.

The mastermind behind this project, Arpad Busson, a French financier based in New York, along with partners from the UK and New York, is gearing up to break ground this fall. The construction of this state-of-the-art facility is expected to take two years. Named 1888 Studios in honor of the year Thomas Edison patented the motion picture camera, this 1.5 million square feet structure designed by Gensler will pay homage to the Golden Age of Hollywood. Spanning 55 acres, it will offer comprehensive on-site production services, top-notch security, and a stunning waterfront park and promenade open to the public.

This groundbreaking project marks the New Jersey Economic Development Authority’s (NJEDA) first Film-Lease Partner Facility, providing enhanced tax credits for productions shooting there. The production tax credit, running through 2039, is a competitive 30%-35%, with additional incentives for diversity.

The success of these credits has already attracted business, with Great Point Studios embarking on the construction of Lionsgate Studios Newark. Additionally, Netflix is planning to build a production studio on a vast parcel of land at the former Fort Monmouth army base.

Busson, in a conversation with FilmmakerFocus, expressed his excitement about meeting the demand for sound stages in the region. He believes that the new studio will be the largest in the state, the tri-state area, and the Northeast, catering to the needs of the booming production industry.

Governor Murphy and NJEDA CEO Tim Sullivan both praised the development of 1888 Studios as a significant step towards establishing New Jersey as a premier destination for film and entertainment. This project is expected to create thousands of jobs and boost the local economy, solidifying the state’s position as a hub for film and media production.

Lily Winters

Lily, a film studies major at NYU, developed a fascination for avant-garde and experimental cinema during her time living in the vibrant art scene of Brooklyn. Her articles explore the intersection of art and film, celebrating boundary-pushing filmmakers and emerging visual styles.

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