A huge slice of Hollywood is now officially under construction near the Jersey Shore.
Netflix broke ground Tuesday on its massive billion-dollar studios at Fort Monmouth in Eatontown and Oceanport.
Shuttered on Sept.15, 2011, Fort Monmouth’s final chapter as a military base faded to black, until Netflix came along promising a blockbuster sequel.
“Today, the film and television industry is stronger than it’s ever been, so we are taking another huge step forward. We are going to begin demolition today to pave the way for Netflix Studio Fort Monmouth,” said Ted Sarandos, chief executive officer of Netflix.
The planned $1 billion studio will consist of 292 acres of space and feature 12 sound stages and a backlot, totaling 500,000 square feet. It is expected to open in 2028.
“It takes a team to put something like this together and deliver a product so I’m looking forward to the ribbon-cutting ceremony next,” said Oceanport Mayor Thomas Tvrdik.
“The goal is Netflix will replace what we lost in Fort Monmouth. We’ll never replace the military presence here but when they left it was an amazing drain for the region,” added Eatontown Mayor Anthony Talerico.
Netflix’s move to the Garden State required bipartisan support from local, county and state leadership.
“It's going to be a tremendous amount of jobs that are going to be here, it’s going to drive the economy for all the local establishments here,” said Monmouth County Commissioner Director Tom Arnone.
“We’re back. New Jersey is back as a global player in film and television and digital production,” said Gov. Phil Murphy.