Hooray for Hollywood - East

I wrote an earlier article about Hollywood East in Plymouth MA.  Here are a few highlights of some of the things that have happened over the past few months:

 

Plymouth Rock Studios announced their first series (airing January 12th) which can only be seen on HollywoodEastTV.com. The series, "Plymouth Rock Studios" is a documentary/comedy that will follow the studio's executives, employees, interns as well as its partners and celebrity guests over the next two years.  I have signed on and look forward to being kept up-to-date on the progress.  Here is the link to their website if you would like to subscribe and watch as events unfold - Hollywood East TV.

 

The Producers Guild of America which has over 3,300 members, formed a two year alliance with Plymouth Rock Studios.  They will now serve as the presenting partner of the Producers Guild Awards held January 24th, and the inaugural to be held June 6-7.  Both events take place in Los Angeles.   Perhaps once the studio is constructed, they will host the event in Plymouth.

 

Plymouth Rock Studios formed an alliance with Massachusetts Institute of Technology (MIT).  Studio officials plan to spend $25 million over seven years to fund the Center for Future Storytelling. In order to stay ahead of advancements in technology, the center will concentrate on enhancing imaging and display technologies, develop next generation cameras, in an attempt to make the storytelling process more cost effective and flexible. 

 

The project is currently undergoing the Massachusetts Environmental Policy Act (MEPA) review process.  Construction was also conditional on obtaining a grant from the state for road infrastructure improvements.  Appartently, the state will pay for the work with bonds guaranteed by the studio.  Planned improvements will certainly be needed to accommodate the expected increase in traffic and correct problematic intersections.  To view plans and road infrastructure, vist The Studio.  

MA is certainly interested in capturing more revenue from the movie industry.  MA has seen an increase in spending over the years in the film industry.  It is anticipated that spending for 2008 will be in the range of $350 to $400 million as compared to $6 million in 2005.  Here is a list of Films Made in MA.  The list contains movies all the way back to 1903.  Make sure you check out the "films in production" tab for movies filmed in 2008.  

As a Realtor, I am optimistic that this will improve market conditions for the surrounding communities.  It might not happen over night, but as each day progresses toward the construction of this project, there is hope of better things to come.