Carole Horst Marina Cappi read all the signs: film and series production in Massachusetts was increasing, lawmakers extended the state’s very attractive production credit and there was a desperate need for soundstage space.
To commercial real estate veteran Cappi, building a soundstage and studio campus made good business sense.Marina Studios — the only dedicated soundstage near Boston — opened in 2021 in Quincy, Mass.’ Marina Bay, offering over 26,000 square-feet of space just a 12-minute drive from Logan Intl.
Airport. The Marina Studios campus also includes 15,000 square-feet of multi-use production office and a 3-acre backlot. There’s also new housing nearby that offers short-term leases, restaurants, markets and other amenities.
Marina Studios is already booked through 2026, and the fact that Massachusetts made the generous tax credits permanent — a tax credit equal to 25% of spend in Massachusetts, as long as 75% of production costs are spent in the state — has also leveled up Marina’s ambitions: plans are underway to build additional soundstage and studio space in two more suburban Boston locations: Watertown and Canton, which will host a 30,000-sq.-ft.
Read more on variety.com