Netflix to open $900M facility at former Fort Monmouth Army base in New Jersey

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Netflix to open $900M facility at former Fort Monmouth Army base in New Jersey
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PRODUCTION CONSTRUCTION: Netflix to open massive $900M facility at former Army base

Netflix has announced plans to build a new $900 million production facility at the former Army base inThe plan is expected to create thousands of jobs at the 292-acre site on the former Fort Monmouth military base in Eatontown and Oceanport, a property the streaming company will purchase for $55 million.

can boost the local and state economy with thousands of new jobs and billions in economic output, while sparking a vibrant production ecosystem in New Jersey."The new project will also create new housing, hotel and film-related businesses in the area, New Jersey Gov. Phil Murphy said Wednesday."This transformative investment will serve as a cornerstone in our efforts to create a thriving industry from whole cloth," said Murphy added.

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