Florida Film & Television Center breaks ground in Miami

Miami /
Dec.December 12, 2014 02:15 PM

The Florida Film & Television Center broke ground today on a new state-of-the-art production facility in Miami.

EUE/Screen Gems Studios has a contract with the Omni Community Redevelopment Agency, which owns the land,  to design, build and operate the facility.

EUE/Screen Gems will lease the Florida Film & Television Center after completion  for 10 years at $100,000 a year plus 11 percent of gross revenue, according to a press release.  There is an option for a nine-year renewal.

“This is an innovative public-private partnership where the lease payments and gross revenue share will be reinvested back into the neighborhood,” Omni CRA executive director Pieter Bockweg said in the release.

The new studio will house two sound stages of 15,000 square feet each, a 50-foot roof, 40-foot grid height, and approximately 12,000 square feet of office, editing suites, and accessory rooms, according to the release. — William J. Gorta


Related Articles

arrow_forward_ios
Lissette Calderon and renderings of The Julia (Neology Life)
Lissette Calderon scores $78M construction loan for second Allapattah multifamily project
Lissette Calderon scores $78M construction loan for second Allapattah multifamily project
From left: Cavalli Tower with Hussain Sajwani of Damac and the Surfside condo collapse site (Damac, Wikimedia, Getty)
From Dubai to Surfside: Inside Damac’s plans to redevelop the tragic site
From Dubai to Surfside: Inside Damac’s plans to redevelop the tragic site
Pompano Beach mixed-use project scores $45M construction loan
Pompano Beach mixed-use project scores $45M construction loan
Pompano Beach mixed-use project scores $45M construction loan
Hines pays $57M for office building dev site in Fort Lauderdale’s FATVillage
Hines pays $57M for office building dev site in Fort Lauderdale’s FATVillage
Hines pays $57M for office building dev site in Fort Lauderdale’s FATVillage
Dubai developer’s $120M contract for Surfside site approved, appraisal for unit owners totals $96M
Dubai developer’s $120M contract for Surfside site approved, appraisal for unit owners totals $96M
Dubai developer’s $120M contract for Surfside site approved, appraisal for unit owners totals $96M
Damac Properties founder Hussain Sajwani and the Surfside collapse site (Damac, Getty)
Dubai developer revealed as $120M bidder for Surfside collapse site
Dubai developer revealed as $120M bidder for Surfside collapse site
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Alex Rodriguez and Constantine Scurtis at far right (Getty)
A-Rod gets 13 lawsuits dismissed that were filed by ex-brother-in-law over real estate empire
A-Rod gets 13 lawsuits dismissed that were filed by ex-brother-in-law over real estate empire
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...