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
Brickell dev site hits market, broker expects it to fetch more than $25M
Brickell dev site hits market, broker expects it to fetch more than $25M
Brickell dev site hits market, broker expects it to fetch more than $25M
From left: Ronald Fieldstone, Scott Meyer, Carlos Rodriguez Jr., Logan Gans, Stevan Pardo and Jaime Sturgis (Twitter, iStock/Illustration by Alexis Manrodt for The Real Deal)
Opportunity Zone investors pour in ahead of key deadlines
Opportunity Zone investors pour in ahead of key deadlines
Gil Dezer (Photos by Sonya Revell)
The Closing: Gil Dezer
The Closing: Gil Dezer
Clockwise from left: A rendering of Water Street Tampa, Ian Schrager, Jeff Vinik, Patrick Mahomes, rendering of Tampa Edition, Bill Gates and Tom Brady (Photos via Getty; Water Street Tampa/Photo Illustration by Kevin Rebong for The Real Deal)
Development boom in Super Bowl city: Tampa reaches for its real estate moment
Development boom in Super Bowl city: Tampa reaches for its real estate moment
Ocean Bank CEO A. Alfonso Macedo and 4238 to 4242 Northwest Seventh Street (Google Maps)
Ocean Bank sells Miami dev site for $14M, buyer plans mixed-use project
Ocean Bank sells Miami dev site for $14M, buyer plans mixed-use project
Dan Deitchman and Koby Assaraf with a rendering of Industry | Oakland Park
Oakland Park developer partners with former Link Real Estate exec on new firm
Oakland Park developer partners with former Link Real Estate exec on new firm
Renderings of the project (Group P6)
Group P6 lands $69M construction loan for Boca Raton project
Group P6 lands $69M construction loan for Boca Raton project
Alex Sapir and Bella Sapir (Credit: Mark Von Holden/WireImage via Getty Images, and ADRIEL REBOH/Patrick McMullan via Getty Images)
Alex Sapir’s family closes on condos at Sapir’s Arte in Surfside
Alex Sapir’s family closes on condos at Sapir’s Arte in Surfside
arrow_forward_ios

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

Loading...