This just in the from the Patriot Ledger, Southfield Studios, a new state of the art production studio in South Weymouth, is poised for construction. The facility will be a $147 million motion-picture complex on 30 acres at the former Naval Air Station in South Weymouth, MA. The 600,000-square-foot facility will house space for movies, television shows, digital production, commercials as well as retail outlets.
The studio is a partnership between veteran Hollywood producers of the International Studio Group and commercial real estate developer, LNR. The South Weymouth project currently awaits approval by state legislators of a 20 percent tax credit on construction costs and future project revenues. However, a recent Boston Globe article reports that MA Governor Deval Patrick does not think Massachusetts citizens are getting their money’s worth from film production in the state. The state procured approximately $166 million worth of tax credits to 267 projects from 2006 through 2008, according to the report. The state is also set to spend nearly $100 million more on 30 projects.
Despite the current debate, Southfield Studios’ executives remain hopeful. “People will walk through the gates and get a feel for what it’s like in the motion picture business,” said producer James Hirsch, who along with Robert Papazian will form the studio project’s production team. Southfield Studios is expected to create 1,200 to 1,600 temporary construction jobs and an additional 1,500 movie-industry jobs.