Cinelease Studios will expand its Three Ring Studio in Covington, Georgia.
The expansion at Three Ring will include eight new stages, enhancing the campus to a total of 14 purpose-built sound stages and providing a total of 276,000 square feet of stage space, 100,000 square feet of office space, and an additional 72,800 square feet of flexible space, upon its completion in 2023. The company currently has locations in Clayton, Gwinnett, and Newton Counties.
“Cinelease has been a pioneer in Georgia’s entertainment industry. Our senior leadership had the foresight to see the potential in the state, and we are proud to have acted as a magnet for the regional expansion of our industry,” said Gannon Murphy, General Manager of Cinelease Studios. “We can confidently say that investing in an expansion of this magnitude reinforces Cinelease’s commitment to making an impactful contribution to the workforce, tax base, and client experience in Georgia.”
The 90-acre, $144 million facility - owned and developed by a joint venture between Rahim Charania with Atlanta-based real estate firm Woodvale and Cary Goldman with Chicago-based real estate firm Timberhill Group, will be one of the largest film studios in the country. With Cinelease Studios leading the management of the media campus and the supply of media equipment, Cinelease Studios – Three Ring will be Georgia’s first vertically integrated production campus.
“We are excited that Cinelease has had such success here in Georgia,” said Pat Wilson, Commissioner of the Georgia Department of Economic Development. “This announcement is a testament to the resiliency of Georgia’s film industry over the last two years. A big thank you to Cinelease for housing productions and providing film industry services to the many film and television shows that have filmed here and are currently shooting in Georgia.”
Cinelease opened its Atlanta doors in 2007 with 8,000 square feet of warehouse space in East Point and now employs nearly 60 Georgians. The Georgia Film Office, which is part of the Georgia Department of Economic Development, has worked closely with Cinelease on their Georgia projects. The company is also a member of the Georgia Screen Entertainment Coalition, as well as the Georgia Studio and Infrastructure Alliance.
“Cinelease’s expansion is a testament to the success of Georgia’s film tax credit. While it is only film and television projects that are qualified to earn the tax incentive, thousands of taxpaying support service companies - like Cinelease - are able to grow as well, in response to the level of business,” said Georgia Film Office Director Lee Thomas. “Thank you to Cinelease for their continued commitment to the State of Georgia, and thank you to the state legislature for their continued support of this transformative legislation.”