“We envision this to be your ultimate sandbox as a creative artist,” Cathy said, saying it could seed further development south of Atlanta.
The Atlanta Journal-Constitution reported last year that a mixed-use complex, including new studio space, had been pitched to local and state planners in a Development of Regional Impact filing.
A $40 million performing arts center also already in the works. The arts center will be jointly funded by the developers, the county and nearby municipal governments and local schools.
Film campuses tend to be self-contained and inwardly focused hives of activity. But development near the Pinewood site would be a new wrinkle in the growth of Georgia’s movie business.
Gov. Nathan Deal’s office said last July that 248 television and movie projects shot in Georgia in fiscal year 2015, spending $1.7 billion in the state. That’s more than six times the film business spending in Georgia in 2008.
Cathy is the project’s “chief visionary” and he has tapped longtime Atlanta area real estate figures such as Lynch and Lew Oliver as members of the development team.
“This mixed-used development is definitely going to be a major economic driver,” Fayetteville City Manager Ray Gibson said in an interview prior to the Pinewood Forrest event. “It’ll bring in homeowners and businesses. It’s going to enhance the quality of life in the city of Fayetteville and the county.”
Additional filming campuses are in the pipeline in Georgia, including one announced in recent weeks in Covington, east of Atlanta.
Check back for more on ajc.com and our subscriber website, MyAJC.com, for more information later today.