The development is expected to include 12 sound stages, a higher education facility, housing, retail, hotel, and office space.
According to a company news release, the redevelopment site is excess property at the OFS optical fiber manufacturing site in Norcross, formerly known as the Western Electric/AT&T/Lucent facility. Closing should take place by the end of this year. The site, fronting Jimmy Carter Boulevard and Interstate 85, boasts more available power than anywhere in the region beyond Atlanta Hartsfield Jackson International Airport. An existing 300,000 square foot building on the site is optimal for an education and innovation center. The site resides in an opportunity zone and is in the Gwinnett Village Tax Allocation District. "The bones of this property are perfectly suited to a media-centric redevelopment," said California based architect Gary Bastien whose firm, Bastien and Associates, Inc. has designed movie and television studio projects for Paramount Pictures, Warner Bros., CBS Studio Center, Sony, Viacom and Chapman University's School of Film and Television. "Georgia film and television production success is recognized in Southern California. The facility that Jacoby is building will be designed to Hollywood standards and will fill quickly."
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