Fulwell 73 and Cain Industries are building a brand new film and TV complex in Sunderland, which is expected to bring 8,450 jobs across the North East over the next decade.
Crown Works Studios will include up to 20 premium sound stages suitable for major feature film and HETV productions.
The scheme – which requires support from government to go ahead – will be delivered in three phases, with work set to start in 2023 and the final phase set to complete by 2027.
In a statement, Fulwell 73’s partners; Gabe Turner, Ben Turner, Leo Pearlman, Ben Winston and James Corden said: “We are unified in our belief that there is a unique opportunity to bring further high-end production to the UK through this ambitious Sunderland based studio project; putting the region on the map as a global production destination.”
Leo Pearlman, managing partner at Fulwell 73, added: “Fulwell is a company built on family and the North East is embedded in our DNA. For over 100 years my family had a business here in Sunderland and called this great city home, so to be able to bring Fulwell back to where the inspiration for our global entertainment company began is a truly humbling experience.”
“Through delivering the studios, we will create a long term production industry infrastructure, attract even more significant high end production to the UK and ensure that future generations of North Eastern talent can develop and prosper at home within the region.”
The project is supported by Sunderland City Council. Councillor Graeme Miller, leader of Sunderland City Council, said: “These are absolutely unparalleled proposals that – if approved – will reinvent the Sunderland economy, establishing the city as home to a modern and growing industry that will create jobs and opportunities for thousands of people across the North East.”