Netflix Fort Monmouth studio coverage, plus real estate and moving news for the towns nearby. All links open the original source in a new tab.
NJBIZ
Crews installed the final structural beam on Stages 3 and 4 at Netflix's $1 billion Fort Monmouth production hub, marking the topping off of the first soundstage buildings. Phase 1A remains on track for a summer 2027 opening despite a tough winter construction stretch.
About Netflix (Netflix press release)
In its own announcement, Netflix highlighted the topping-off ceremony for Stages 3 and 4 and touted sustainability efforts, saying it has diverted more than 55,000 tons of construction waste from landfills so far. The company reaffirmed a summer 2027 target for the first four studios.
Jersey Digs
Demolition crews have torn down 85 former military buildings at Fort Monmouth to make room for the first four soundstages in Oceanport's McAfee zone. The outlet notes the state approved $387 million in tax credits to support the roughly 1,500 permanent jobs the finished campus is expected to bring.
Jersey Digs
Netflix has posted its first studio operations leadership job listings for the Fort Monmouth campus, an early sign of staffing up ahead of the 2027 opening. The piece places the hiring within a broader wave of New Jersey soundstage construction, including projects from Lionsgate, Paramount-backed 1888 Studios and Filmology Labs.
Two River Times
The first two roles Netflix listed for the site, a director of studio operations and a manager of studio site and services, carry six figure salary ranges and require a decade or more of relevant experience. The paper frames the postings as an early signal that hiring for the roughly $1 billion project is underway.
NJBIZ
The Fort Monmouth Economic Revitalization Authority completed the sale of the 292-acre parcel to Netflix, closing out a purchase price plus utility and relocation contributions that together totaled $55 million. State and local officials used the closing to reiterate the jobs and tax revenue the project is expected to generate.
NJ 101.5
Ahead of a scheduled Oceanport council vote on a 30 year, $66 million payment in lieu of taxes deal, the station recaps how both host towns stand to benefit financially from hosting the studio. Eatontown had already locked in its own $47 million PILOT agreement for its portion of the campus.
TAPinto
Netflix held a groundbreaking ceremony at the former Army base with Governor Phil Murphy and Netflix co-CEO Ted Sarandos in attendance, formally kicking off construction on the 289-acre production campus. Plans call for twelve soundstages plus production offices, a hotel, retail space and a theater.
NJEDA
New Jersey's Economic Development Authority board signed off on up to $387 million in Aspire tax credits for the Fort Monmouth campus, a key financing piece for the roughly 292-acre, twelve soundstage development. The agency frames the approval as central to positioning New Jersey as a major production hub.
Patch
Patch reported that Netflix's plans required demolishing at least 95 abandoned Army buildings across the Eatontown, Oceanport and Tinton Falls portions of the old fort, with a mandatory 45 day public comment period opening at the end of October 2023. The $55 million land purchase itself had not yet closed at the time of the report.
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