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	<title>Multi-Housing News Online | Lights, Camera, Action: $40M Production Center Planned</title>
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		<title>Multi-Housing News Online &#187; Lights, Camera, Action: $40M Production Center Planned</title>
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		<title>Lights, Camera, Action: $40M Production Center Planned</title>
		<link>http://www.multihousingnews.com/researchcenter/researchcenterdata/leasingresearch/commercialleasingresearch/lights-camera-action-40m-production-center-planned/1004067745.html</link>
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		<pubDate>Fri, 12 Oct 2012 16:06:56 +0000</pubDate>
		<dc:creator>alexg</dc:creator>
				<category><![CDATA[Commercial]]></category>
		<category><![CDATA[Salt Lake City]]></category>

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		<description><![CDATA[By Alex Girda, Associate Editor Utah’s recently sweetened incentives for movie production are bearing fruit in the form of new development.  Woodbury Corp. and Redman Movies and Stories plan to start construction early next year on a $40 million studio production in South Salt Lake. The joint venture will redevelop the 105-year-old Granite High School [...]]]></description>
			<content:encoded><![CDATA[<p>By Alex Girda, Associate Editor</p>
<p>Utah’s recently sweetened incentives for movie production are bearing fruit in the form of new development.  Woodbury Corp. and Redman Movies and Stories plan to start construction early next year on a $40 million studio production in South Salt Lake. The joint venture will redevelop the 105-year-old Granite High School campus as a 90,000-square-foot complex of sound stages, office and retail space, the <em>Salt Lake Tribune</em> reported.</p>
<p>The project marks a win for efforts to lure more movie shoots to the state that served as a backdrop for such classics as <em>The Searchers</em>, <em>2001: A Space Odyssey</em>, <em>Planet of the Apes</em> and<em> Rio Grande</em>. In response to a falloff in film production, state officials took steps last year to get a bigger share of Hollywood’s business.</p>
<p>Taking a cue from Louisiana, which attracted more movie production after raising tis rebate, Gov. Gary Herbert, signed legisation that increases Utah&#8217;s motion picture incentive from 20 percent to 25 percent. That brought Utah on a par with New Mexico, which has successfully <a href="http://synd.yardi.com/wp-content/uploads/2012/10/granite-high-school.jpg"><img class="alignleft size-medium wp-image-73853" src="http://synd.yardi.com/wp-content/uploads/2012/10/granite-high-school-300x285.jpg" alt="" width="300" height="285" /></a>competed for films that require a distinctively Western setting like like the Coen brothers’ remake of <em>True Grit</em> and the Walt Disney Co.’s <em>John Carter. </em></p>
<p>Image courtesy of Google Maps</p>
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