Raleigh Michigan Studios complex in Pontiac Michigan to commence movie productions this spring in 630,000 square foot project. The $80 million movie studio will anchor and launch the Michigan film industry as a homegrown and sustainable production center. CEO Linden Nelson stated nine sound stages will be created for film and television production employing up to 3,600 film crew members and support staff. Journalists and guests were given a tour of the former GM transformed site. Read the Free Press article.
Worldwide states, countries and jurisdictions everywhere are increasing their film tax incentives, credits and rebate programs aimed at luring film production companies to their areas. They all realize that film production has an economic activity multiplier effect and actively work to draw film producers and directors to make their movies in their towns, villages, cities, provinces and states. Governments understand the financial boost to their tourism efforts, greatly needed inward economic expenditure and the increased local creative energy and opportunities delivered to those creating intellectual property – for America a major U.S. export commodity. Support the Michigan Film Incentive Program. Contact your representatives.
Michigan Film Production | Michigan Motion Pictures Studios
A film and “teaching studio” complex in a former General Motors truck and bus manufacturing facility in Pontiac should be up and running early next year, said Linden Nelson, chairman and CEO of Michigan Motion Picture Studios LLC. At 5 p.m. today, Gov. Jennifer Granholm and others will participate in a ceremonial groundbreaking at Centerpoint Parkway, but work already has begun on the site to convert the defunct plant into Raleigh Michigan Studios. From The Detroit News
Michigan Motion Picture Studios L.L.C. film studio got final approval for $28 million in bond financing, the last hurdle to build a major film complex at General Motors Co. Centerpoint BusinessCampus in Pontiac.
Michigan Motion Pictures Studios
The board of the Oakland County Economic Development Corp. gave final approval this morning of the bond.
Raleigh Michigan Studios – the Pontiac studio financed by A. Alfred Taubman, Linden Nelson, John Rakolta Jr. and William Morris Endeavor – Ari Emanuel has arranged the $75.8 Million required to break ground in 30 days on ten soundstages to be ready for summer 2010 according to Steve Lemberg, CFO of RMS. Meanwhile Jimmy Lifton’s Unity Studios in Allen Park while delayed from its June groundbreaking continues toward the October opening of The Lifton Institute and the initiation of the bond issue needed to fund the land purchase. Wonderstruck Studios, which was formerly announced to take shape at the temporary MGM Grand facility may be considering another location.
[Editors Note: Raleigh Michigan Studios is the new name of the studio now according to CEO Linden Nelson]
Motown Motion Pictures Studios (Raleigh Michigan Studios) closed land purchase agreements and welcomed Governor Jennifer Granholm and members of President Obama’s Auto Industry Task Force to tour the facility. In the works is a major Sound Stage film production facility with educational training programs with a goal to employ 3,500 Michigan residents with expansion to 15,000 in coming years. A partnership between Nelson Ventures, The Taubman Group, and William Morris Endeavor’s Ari Emanuel. Ari spoke at the Mackinac Policy Institute recently to discuss Michigan and the importance of the auto industry to entertainment and his plans for the studio: