Move over, Hollywood! There will soon be a new East Coast film studio right in our own backyard.
Charleston’s former Arthur Kill Correctional Facility, which State Governor Andrew Cuomo closed back in 2011, has been scouted by the film industry as the location for a new movie studio.
An established studio headquartered in Brooklyn, Broadway Stages, outbid the competition, acquiring the former Staten Island prison for $7 million.
Already planned for the 100,000-square foot studio are five sound stages. The whole project will create up to 1,500 jobs over the next few years.
Cuomo’s decision to shut down the Arthur Kill Correctional facility was part of a growing trend in New York state. The closing of the inmate facility, along with six additional prisons under Cuomo’s leadership, has reportedly saved taxpayers $184 million per year.
Staten Island has provided the backdrop for many well-known films in the past, such as How to Lose A Guy in Ten Days and Goodfellas. The president of Broadway Stages, Gina Argento, is hoping to begin filming at the new studio within six months.
The construction of the film studio is just another step forward in a series of economic boosts to Staten Island, as well as for the East Coast film industry in general. With its close proximity to Manhattan and large amounts of unused space, the potential for commercial development in this area certainly looks promising.
(CLICK HERE to read our article on the tax incentives for industrial and business development in Staten Island)