The Creative District Improvement Company has teamed up with property developers Quinn Estates to invest £250 million ($292 million) in Ashford International Studios, a new film and TV studios in Ashford, South-East England, which they say will create 3,000 jobs.
The 15-acre site was formerly a locomotive manufacturing plant until the early 1980s. The companies will convert the derelict Newtown Railway Works into 80,000 sq.
ft. of studio space, 80,000 sq. ft. of ancillary production space, 50,000 sq. ft. of storage space, and a 30,000 sq. ft. media village, which will include the Future Media Center, an educational hub that will be developed in partnership with a cluster of educational institutions in the area.
Read more on variety.com
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