Bayonne, NJ Hosts Groundbreaking for 1888 Studios Film and TV Campus
In a significant move for the entertainment industry, officials in Bayonne, New Jersey, recently conducted a groundbreaking ceremony for the 1888 Studios film and television campus. This new facility, developed by Paramount, aims to bolster New Jersey’s reputation as a burgeoning film hub, often dubbed “Hollywood East.”
1888 Studios: An Overview
The designation “1888 Studios” pays tribute to the year Thomas Edison patented the first moving images camera in New Jersey. This state-of-the-art production complex will occupy a 60-acre site that has undergone extensive environmental remediation, elevating the land by 18 feet with clean soil.
Key Features of the Campus
- Location: Bayonne, New Jersey, near waterfronts previously occupied by oil refineries.
- Stages: The facility will include 23 small production stages.
- Job Creation: Over 4,300 jobs are anticipated, covering construction and operational roles.
- Lease Agreement: Paramount has signed a 10-year lease for the facility.
Economic Impact and Community Reactions
Governor Phil Murphy has emphasized the project’s potential economic benefits, estimating a return of approximately $7 in economic activity for every dollar the state invests in incentive programs. Tax rebates between 35-40% for hiring and expenses make New Jersey an attractive location for production companies.
Community reactions vary. While some residents express concerns about potential rent increases, local business owners are optimistic about the economic opportunities that the studio may generate. Anthony Ventrone, owner of Luciano San Vito Restaurant, noted he looks forward to welcoming notable figures like Adam Sandler to the area.
Proximity to New York City
The strategic location of the new studio, just minutes from Manhattan, within the 25-mile union radius of Columbus Circle, allows for films to be shot easily. This accessibility further enhances New Jersey’s appeal as a prime filming location.
As the 1888 Studios campus is set to open in the next two to three years, it promises to be a transformative addition to Bayonne, showcasing New Jersey’s growing presence in the film and television industry.