Hackman Capital Partners is planning to build a brand new film and TV studio complex in Ireland, which will become the biggest facility in the country.
The company is working with Square Mile Capital are behind the Greystones Media Campus, which will be developed in Greystones in County Wicklow, around 15 miles outside of Dublin.
The two companies already own two Irish film and TV facilities: Ardmore Studios in Wicklow and Troy Studios in Limerick.
They are now planning to invest €300 million in a two-phased development of the complex in Greystones, which will cover 670,000 square feet spread across 44 acres, including 14 sound stages.
“We’re thrilled to be expanding our footprint in Ireland,” said Michael Hackman, founder and CEO of Hackman Capital Partners. “We see Ireland as a premier destination for content creators across the globe, and we’re committed to seeing it grow exponentially. There is enormous talent here, not to mention a stunning landscape and some of the industry’s best financial incentives for filmmakers.”
“The demand for modern, well-run studio facilities in Ireland is very strong and is expected to remain so for the foreseeable future,” added Square Mile Capital CEO Craig Solomon. “This opportunity to help meet that demand, and deliver a superior level of operating support to the creative companies that will use the facilities, is very attractive to us. Overall, the world’s appetite for high-quality film and TV content shows no sign of slowing and we believe that the Greystones Media Campus has great potential.”
The companies said they expect the new studios to create around 1,500 jobs. The first seven studios with associated office, workshop and backlot spaces are expected to open in the middle of 2024.