Great Point Studios Establishes Yonkers, New York, Production Facility
According to company officials, Great Point Studios is also revealing its $500 million-plus expansion plans and new long-term tenants for the facility, which include Lionsgate, Mediapro and Syracuse University.
Three of the large stages and 500,000 square feet of office and support space are now open for business, while Great Point has also purchased approximately eight acres of additional land around the originally announced studio site. The expansion of additional stages and office space are already under construction and are scheduled to be completed in phases starting in September 2022 with total completion slated for December 2023.
“Owned and operated by Great Point Studios, Lionsgate Studios was created to satisfy the overwhelming demand for large studio space in the New York City area,” said Great Point Studios Founder and CEO, Robert Halmi. This campus, approximately 11 miles from midtown Manhattan, will feature state-of-the-art film stages, post-production facilities, screening rooms, office space and support space. It will offer a full set of production services on site, including grip and electric, equipment, props, set building, restaurants, location catering, cleaning service, and security."
The now-expanding, one million-square-foot complex will cost over $500 million and boast more 20,000 square foot stages on one campus than any other facility in the Northeast. The campus will include a total of eleven (11) soundstages: eight 20,000-square-foot stages, two 10,000-square-foot stages, and a gigantic, 30,000 square-foot stage. It will also include parking for more than 750 cars and 100 trucks.
Lionsgate said it has expanded its role as anchor tenant, and will occupy seven of the complex's eleven stages, along with office and support space. Besides its prominent theatrical film presence, Lionsgate is producing over 40 television shows for various broadcast outlets, including its own Starz platform.
"With demand for new content greater than ever and prime studio space at a premium, we're pleased to partner with Great Point on the opportunity to become an anchor tenant of the Yonkers Studios," says Lionsgate CEO Jon Feltheimer. "They will give our television and film productions state-of-the-art East Coast sound stages with great proximity to New York City, and we look forward to them becoming an important hub for our global production activities."
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
In Focus: “Golden Age” of Spec Development
In Focus: Demand for Industrial Land Surges
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Using Robust Project Controls to Enhance Project Management
Explosive Growth of Life Sciences Sector Comes with Challenges