Pinewood Group is set to submit a planning application for a major expansion to its Buckinghamshire-located studio in the UK. Named Screen Hub UK, the facility will be built on an adjacent 77 acre …
Pinewood Group is set to submit a planning application for a major expansion to its Buckinghamshire-located studio in the UK.
Named Screen Hub UK, the facility will be built on an adjacent 77 acre site and will feature a 350,000 sq.ft international visitor attraction titled ‘Pinewood Studio Experience’, new production facilities of up to 350,000 sq. ft, an educational training and skills hub, a creative industries business growth hub, and a ‘green’ campus.
The company says it will start consultations with the local community and wider stakeholders next week. A total of $584M will need to be raised from private investors to fund the development. Pinewood said it estimates the project could create 3,500 new projects, and inject £230M into the UK economy and a further £125M into the tourism industry.
Last year, Disney signed a long-term deal to effectively take over all of Pinewood UK’s existing studio space.as a major economic asset to be enhanced with the creation of a screen growth hub for the UK,” said Pinewood Group Chairman Paul Golding. “We are pleased to be able to respond with this scheme. We have been looking at a visitor experience for some time and feel that now is the right moment to bring it forward. The project will strengthen UK film and bring much needed jobs and spending.
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