Global Renaissance makes offer on Allen Park studio complex
The future of Unity Studios is up in the air while the city of Allen Park weighs a purchase offer from Global Renaissance Entertainment Group.”We’re in discussions right now,” says Gary Burtka, mayor of Allen Park. “Our attorneys are reviewing the offer.”He said the city could make a decision on that offer as soon as next week or it could take longer than that. He also confirmed that all of the existing tenants at the partly finished movie studio would be allowed to stay.The idea of turning 100 acres of vacant industrial and municipal land in the Downriver suburb into Unity Studios shortly after the new film incentives were introduced a little more than year ago. Those plans began to flounder early this year and the original investors began backing out. That’s when California-based Global Renaissance made an offer to take over the project.The original $146 million project called for renovating a 600,000-square-foot building to add four feature-size sound stages on 10 acres with each of the sound stages measures out at 25,000 square feet. Plans also called for developing the 64 acres into Unity Village, a tourist destination with housing, retail, and complementary commercial business.Source: Gary Burtka, mayor of Allen ParkWriter: Jon Zemke
The future of Unity Studios is up in the air while the city of Allen Park weighs a purchase offer from Global Renaissance Entertainment Group.
“We’re in discussions right now,” says Gary Burtka, mayor of Allen Park. “Our attorneys are reviewing the offer.”
He said the city could make a decision on that offer as soon as next week or it could take longer than that. He also confirmed that all of the existing tenants at the partly finished movie studio would be allowed to stay.
The idea of turning 100 acres of vacant industrial and municipal land in the Downriver suburb into Unity Studios shortly after the new film incentives were introduced a little more than year ago. Those plans began to flounder early this year and the original investors began backing out. That’s when California-based Global Renaissance made an offer to take over the project.
The original $146 million project called for renovating a 600,000-square-foot building to add four feature-size sound stages on 10 acres with each of the sound stages measures out at 25,000 square feet. Plans also called for developing the 64 acres into Unity Village, a tourist destination with housing, retail, and complementary commercial business.
Source: Gary Burtka, mayor of Allen Park
Writer: Jon Zemke