Home
 
 
 
 





CT: Hollywood East/Area 51 Plans Studio Complex for Digital Media & Motion Picture Producers
Film company selected for engine plant
In the town where the once thriving Shakespeare theater put Stratford on the map as an entertainment showcase, a New Haven film and multi-media production company is planning to do it again by creating "one of the largest studio complexes in the United States" at the former Army Engine Plant site on Main Street..
Hollywood East/Area 51 was unveiled Monday by the U.S. Army and General Services Administration as the company that submitted the winning online bid last month of $9.6 million for the 78-acre contaminated waterfront property now known as Point Stratford, and the company formally selected to redevelop the site.
The property, which borders the Housatonic River and is across the street from Sikorsky Memorial Airport, has been dormant for 12 years, but is considered the key to Stratford's economic redevelopment.
After numerous failed attempts to develop the parcel, which was the site of defense manufacturing for decades, most recently engines for Army aircraft, the U.S. Army intervened last year just as the Town Council voted to sell the property to developer Monti-Posillico of Long Island.
"We are very excited about Point Stratford," Allen Christopher, president of Hollywood East, said Monday in a prepared statement.
"With Connecticut now having the most aggressive production tax incentives in the U.S., the state needed an anchor facility that would enable digital media and motion picture producers from all over the world the ability to work here year-round," Christopher said. "Our plan calls for approximately 30 soundstages ranging [up to] 45,000 square feet, with support services, production offices and commissary all located within the same facility," he said. "Point Stratford will be one of the largest studio complexes in the United States and we believe it will act as a magnet for significant new revenue and the creation of thousands of jobs."
For the remainder of this article, please click on link below.
 
http://www.msnbc.msn.com/id/24121692/
 

Home | Subscribe | Advertise | Contact Us | Privacy Policy | Tech Support | Copyright © 2003 - 2009. All Rights Reserved.