Posted Jul 26, 2022, 2:57 PM
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Join Date: Jan 2013
Posts: 2,500
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Hollywood film studio announces major production complex in the Valley
Nice to see the Arizona Motion Picture Production Program (recently went into law) already paying dividends.
https://www.bizjournals.com/phoenix/news...r-production-c.html?force_isolation=true
Quote:
Acacia Filmed Entertainment has signed a commercial development agreement to build a film studio and production training facility in the Valley, the company announced Monday.
Earlier this summer, Arizona Gov. Doug Ducey allowed a bill that proposed $125 million in tax incentives for TV and movie productions to become law and now film studios are trying to get a footing in Arizona before the incentives go into effect in 2023.
Acacia’s Arizona Studio Complex will include 14 sound stages and support offices across 624,000 square feet on 70 acres of land. It will also include a 30-acre backlot for further expansion. The current plans for the project call for a 60,000-square-foot stage, which would be one of the largest in the world.
Acacia’s founder and the head of the project, Matthew George, told entertainment trade publication Variety that the project would be built in the “Scottsdale area” and a lobbyist who represented the company when the legislature considered Arizona Motion Picture Production Program bill told the Arizona Republic in April that the studio would be built on Salt River Pima-Maricopa tribal land near Talking Stick Resort.
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