Kevin Costner is giving an economic boost to the American Southwest with his new passion project: a massive film and production studio in St. George, Utah.
Kevin Costner knows best – "If you build it, he will come." The "Field of Dreams" actor is planting roots in the great American Southwest and building a state-of-the-art film studio in St. George, Utah. His next major career milestone will see the rise of the Territory Film Studios on the outskirts of town, roughly 30 minutes outside of Zion National Park in southern Utah.
St. George Mayor Michele Randall confirmed with Fox News Digital that Territory Film Studios is hoping to "break ground in the spring or summer," depending on permitting processes. Once completed, the studios will have 70,000 square feet of sound stages, 51,000 square feet of production warehouses and nearly 32,000 square feet of production offices. The lot will also include a sit-down restaurant and an on-site catering department.
Kevin estimates that this money will ‘waterfall’ back to him starting in late next year. Kevin also has a profit participation in Horizon 1 and 2, which is yet another source of income." In addition, Costner mortgaged 10 acres of a $50 million, oceanfront Santa Barbara property to ensure proper funding for the project, Deadline reported. "I’ve mortgaged 10 acres on the water in Santa Barbara where I was going to build my last house," Costner said.
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