Earlier this month, Plymouth Rock Studios received unanimous approval from the Plymouth Planning Board members for the Hollywood East master plan. However, there is a stipulation that the town and Plymouth Rock Studios work out the final details of their agreement over the next 40 days. The studio is hoping that the state will issue preliminary approval for special financing for road improvements from the state's Infrastructure Investment Incentive (I-Cube) Program. They have applied for $50 million, which is the maximum allowed under this program.  

The I-Cube program is a combination of funding from the state, local (town of Plymouth), and the developer. If Plymouth Rock Studios does not qualify for the I-Cube program, the project is in jeopardy.  Many would like to know if the studio has a plan B in place in the event this does not go in their favor.  

Unfortunately, the state did not issue any preliminary ruling in time for Monday's town meeting. The board of selectmen and the new town manager are discussing whether they will call a special town meeting on June 29, 2009, as no vote can be taken at this time.

This webisode from the series discusses their plans for building a complex with green technology.    

I have tried to share some of the more informative webisodes on this project.  I hope you are enjoying the updates.


For past webisodes visit: Hollywood East Webisodes

For further information on Hollywood East/Plymouth Rock Studios see my previous posts:

Hollywood East - Dream is Getting Closer to Reality
Hollywood East - Hosting Acting Forum April 1st
Hollywood East - Plymouth MA - Estimated Timeline
Plymouth Rock Studios Forms Another Alliance
Hollywood East The Road to Plymouth Rock Studios
Hollywood East - Feel The Action
Hooray for Hollywood - East
Hollywood East in Plymouth MA