Donald Trump Announces Plans for Trump Studio City in Miami, Florida: News Release of the Week

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The news that Donald Trump has serious plans for building a big TV and film studio in Florida is making lots of waves in various industries across the country.  The development would be hugh, of course, but the true impact of this Trump endeavor would be the many offshoots to the Trump project itself.  Given the potential of Trump's game plan upon South Florida and the state as a whole, it's our News Release of the Week:

Miami goes Hollywood! Film industry forecasted to bring thousands of jobs to Miami-Dade County

For Immediate Release: June 05, 2012

Media Contact:  Arleen Gomez

(Miami-Dade County, FL) -- In an effort to stimulate economic development and job growth in Miami-Dade County, Chairman Joe A. Martinez presented a business opportunity to his colleagues at today’s County Commission meeting. Chairman Martinez joined forces with Mr. Donald J. Trump and the Trump Organization to present his vision to bring a new job industry to Miami-Dade – filmmaking. The Chairman’s presentation asked his fellow commissioners to explore the possibility of building a film studio “city” on County-owned land next to the Homestead Air Reserve Base. This media city, Chairman Martinez explained, will not only help stimulate our current struggling economy by creating jobs, but it will also help revitalize the area of Homestead and Florida City which took a major hit during the economic downturn and has been struggling ever since to rebuild itself. 

“Many movies and TV shows have been filmed in Miami, but we’ve never been truly able to capitalize on the film industry as many studios opt to complete their work in Los Angeles,” said Chairman Martinez. “If the resources of a studio and a wealth of land to build massive sets – at a cheaper cost – were at filmmakers’ fingertips, I don’t doubt that they would be eager to take advantage of the opportunity.” 

According to preliminary plans, “Trump Studio City”, designed after the most modern facilities in Europe, would be built on land spanning 3.16 miles in Homestead, and would consist of film studios and stages, back lots, a media hub, state of the art digital production, hotel, and offices making this bigger and greater than Hollywood. Michael D. Cohen, Executive Vice President and Special Council to Donald J. Trump informed the Board that this industry could inject as much as $262,000 a day in local revenue.

In a unanimous vote, the Board directed the County Attorney’s office to provide a report within 90 days outlining the status of the land and to place a 180-day moratorium on any recommendation for the utilization of the land in question.

“This will make Miami-Dade County the jewel of our great state,” said Chairman Martinez.

 

Published In: Art, Entertainment & Sports Updates, Construction Updates, Finance & Banking Updates, Commercial Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Rosa Eckstein Schechter, Eckstein Schechter Law | Attorney Advertising

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