A former Army base in New Jersey called Fort Monmouth may one day be a major product mecca for unborn Netflix originals. The company has revealed intentions to bid on the property, though it has n’t revealed how important it’s willing to pay for the nearly century-old position. Fort Monmouth was officially shut down by the US government in 2011.
Netflix revealed its intention to bid on a 289-acre portion of Fort Monmouth last week, according to the New York Times. Multiple inventors have offered further than$ 100 million for a much lower portion of the former Army base, which is rated at a value of$ 54 million. Those deals did n’t go through, but the figure does exfoliate light on how important Netflix may end up paying for the realty — assuming its shot is accepted, of course.
New Jersey Governor Phil Murphy has paved the way for large companies like Netflix to set up film product capitals in the state in the form of duty credits. Netflix revealed intentions to contemporize the position as a state-of-the- art installation for rephotographing pictures, as well aspost-production work.
This wo n’t be Netflix’s first product mecca — the company preliminarily bought its largest product installation, ABQ Studios, in New Mexico. Assuming the streaming company acquires the New Jersey property, the product plant it builds there would come its alternate-largest position.
In a statement of his own, New Jersey Governor Murphy expressed ample excitement about Netflix’s plan to bid on Fort Monmouth. Among other effects, establishing the new product mecca would bring a large number of job openings in New Jersey. For reference, the streaming company said in 2018 that its ABQ Studios mecca would affect in over to jobs annually in New Mexico.
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