A new movie studio set to open in the city of Pontiac could create 3,600 new jobs in the Michigan film industry.
Oakland County Executive L. Brooks Patterson said the film studio wants to be making movies within 90 days.
Excerpt:The new venture, called Motown Motion Pictures LLC and currently
based in Birmingham, will include a film studio and production company.
The
investors plan to spend $70 million for a 600,000-square-foot
development, including nine sound stages located inside General Motors'
former Centerpoint truck plant at South Boulevard and Opdyke Road in
Pontiac.
The state's growth authority expects the studio to
create 3,600 direct jobs and another 1,500 indirect jobs by the year
2020 with an average weekly wage of $824.
The authority on
Tuesday approved a state tax credit valued at $101 million over 12
years. The project also will receive $12 million in state incentives
along with job training assistance through the Michigan Economic
Development Corporation.
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