New Jersey board OKs initial stage of $900-million-plus Netflix ...

Dec 4, 2024 · The initial stage of Netflix’s $900 million-plus state-of-the-art production facility at a former Army base at the Jersey Shore has won approval from a local planning board. ... New …

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New Jersey Board OKs Initial Stage Of $900-million-plus Netflix ...

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New Jersey Board OKs Initial Stage Of $900-Million-Plus Netflix ...

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Dec 4, 2024 · OCEANPORT, N.J. (AP) — The initial stage of Netflix's $900 million-plus state-of-the-art production facility at a former Army base at the Jersey Shore has won approval from a …

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Netflix’s East Coast Flagship Approved By New Jersey Officials

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Dec 26, 2024 · Plans for the 289-acre, $903 million campus were approved by the New Jersey Economic Development Authority (NJEDA) Board on December 19. The plant’s working name …

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First Phase Of $900 Million Netflix Studio In New Jersey

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A plan that Netflix hopes will become New Jersey’s largest film production facility has taken a huge step forward as a pair of planning boards have greenlit lit the streaming giant’s initial …

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$900-million-plus Netflix Production Facility At Ex-Army Base Okayed

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Dec 9, 2024 · OCEANPORT, New Jersey: Netflix's plans for a US$900 million-plus production facility at a former Army base on the Jersey Shore have taken a significant step forward, with …

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New Jersey Board OKs Initial Stage Of $900-million-plus Netflix ...

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Dec 4, 2024 · The initial stage of Netflix's $900 million-plus state-of-the-art production facility at a former Army base at the Jersey Shore has won approval from a local planning board.

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Netflix Plans $900M Facility At Former New Jersey Army Base

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Dec 21, 2022 · Netflix said Wednesday it plans to build a state-of-the-art production facility at a former Army base at the Jersey Shore that will cost more than $900 million, and create …

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Good News For Phase One Of New Jersey Netflix Studio Complex

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Jan 30, 2025 · Netflix has already committed $848 Million in capital investments for the project and they are expected to spend upwards of $900 Million on the Netflix Studio Complex. …

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Netflix Plans $900 Million Production Facility At Former Army Base …

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Netflix said Wednesday it plans to build a state-of-the-art production facility at a former Army base at the Jersey Shore that will cost more than $900 million, and create thousands of jobs.

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Lights, Camera, Action! - New Jersey Business Magazine

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Jan 31, 2023 · Netflix will buy the parcel for $55 million and make $848 million in investments: 12 sound stages ranging in size from 15,000 to 40,000 square feet, as well as ancillary production …

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Netflix At Fort Monmouth Approved For $387M In Aspire Tax Credits

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Dec 19, 2024 · The New Jersey Economic Development Authority (NJEDA) board approved an award of $387 million in Aspire tax credits Dec. 19 for the more than $900 million proposed …

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FAQs about New Jersey board OKs initial stage of $900-million-plus Netflix ... Coupon?

Will Netflix's New Jersey production studio be open to the public?

The first phase buildings in the sprawling production complex will not be accessible to the public. If all necessary approvals are granted, Netflix wants to start construction by the end of next year, officials said at the planning board meeting. Netflix's planned New Jersey production studio zoning map. ...

Will Netflix occupy a New Jersey film production facility?

Under the designation agreement, Netflix commits to occupy a New Jersey film production facility for at least 10 years and is potentially eligible for a 40 percent base tax credit for qualified production expenses on future New Jersey film projects. ...

What is the plan for a Netflix studio in Oceanport?

The plan includes four soundstages, a storage building, an office space, a mill building, and what the plan refers to as the “McAfee Center” that will span over 91,000 square feet. Netflix studio building at Fort Monmouth. Image courtesy Oceanport Planning Board. ...

Will Netflix get tax incentives in New Jersey?

The New Jersey Economic Development Authority announced earlier this year that Netflix will receive substantial tax incentives for productions in exchange for operating the studio for at least a decade. "We hope to start construction by the end of next year," company officials said during the hearing. ...

How many jobs will Netflix bring to New York City?

The planned Netflix motion picture and television studios will further help revitalize the area and bring more than 3,500 construction jobs and 1,500 permanent production jobs, officials said. Thank you for relying on us to provide the local news you can trust. ...

Could Netflix be a gamechanger for Monmouth County?

The Netflix Studio will prove to be an economic gamechanger for the residents and small businesses of Monmouth County.” Earlier this year, the NJEDA Board designated Netflix as a Studio Partner, allowing the media company to access expanded benefits under the state’s Film and Digital Media Tax Credit program. ...