Moguls hot for studio site
Eye $200M complex at Weymouth air base
By Scott Van Voorhis
Sunday, February 24, 2008 - Updated 2h ago
The Bay State could take a major step toward becoming Hollywood East under a detailed proposal to build a $200 million movie production complex on the South Shore barely 10 miles from Boston.
Seeking to build political support and persuade the state to expand existing tax credits, a team of Hollywood film moguls is flying into the Hub this week for meetings with state lawmakers and the development firm that controls the former naval air station in South Weymouth, industry sources said. TV series, such as ?Boston Legal,? that now fly into Boston to shoot scenes, and then fly back to Los Angeles to do production work, could instead stay here year-round, pumping millions more into the local economy, said Earon.
?It could move all the TV series that are based here, but not shot here,? he said.
Principals from Culver City Studios, Ray Art Studios and Sunset Gower Studios will make the rounds, detailing Culver City?s plans to build a 30-acre campus- style studio complex complete with sound stages at the former military base. The plan is also expected to include a hotel and other development.
The construction of a major studio complex could put the state?s already fast-growing film industry into overdrive, experts say.
While more big-budget movies are being shot in Massachusetts due a landmark industry tax incentive bill passed in 2006, a studio complex could become a year-round hub for the film industry.
In fact, top Hollywood movie producers and actors, especially those with Boston ties, would likely move back to the area from Los Angeles if a studio complex were built here, argued William Earon, a managing director of Coastal Capital Partners and a key consultant and architect of the Bay State?s tax incentives for the film industry.
?If built, the studio will create thousands of high-paying jobs in the commonwealth in an industry that did not exist before,? Earon said. ?We will become the fourth film state in the country, behind California, New York and Louisiana.?
This week?s visit by the Hollywood heavy hitters, who have already been in talks with the land development company for months, is expected to give a major push to the South Weymouth proposal.
As they meet with lawmakers, the film chiefs are expected to push for passage of a key state proposal crucial to sealing the deal. The proposal, put forth by state Rep. Ronald Mariano (D-Quincy), chair of the House financial services committee, provides tens of millions in tax incentives for the construction of a studio complex.
The bill is not restricted to South Weymouth and, in fact, another group of filmmakers wants to build a studio complex in Plymouth. Plymouth Rock Studios, helmed by former Paramount Pictures executive David Kirkpatrick, is pursuing plans for a large-scale film studio and multimedia production campus on 1,000 acres of land owned in South Plymouth.
?We are hoping this will take off,? Mariano said. ?This is an opportunity to build an industry that doesn?t exist (here).?
Backers of the South Weymouth proposal note it has key advantages over the Plymouth proposal because of its proximity to Boston and Logan International Airport.
But not all the competition is local. Rhode Island lawmakers are eyeing their own package of tax incentives to spur the development of a film complex in that state. If the Ocean State passes its plan first, it could gain a crucial advantage, developers warn.
?I would like to see Massachusetts become the first New England state to build a major studio,? Earon said.
Massachusetts could transform its fledgling film business into a major industry if it succeeds in securing a major studio complex.
The studio complex could employ 1,200 to 1,500 technicians, producers, directors and other specialists, with salaries in the $75,000 to $150,000 range, industry experts said.
TV series, such as ?Boston Legal,? that now fly into Boston to shoot scenes, and then fly back to Los Angeles to do production work, could instead stay here year-round, pumping millions more into the local economy, said Earon.
?It could move all the TV series that are based here, but not shot here,? he said.