Pinewood Studios' Screen Hub UK planning application was recently approved by Buckinghamshire Council's Strategic Sites Planning Committee, greenlighting its next step toward opening a site in Buckinghamshire, England.
“We are delighted by this outcome. The decision allows us to continue our ongoing investment in the Studios and support for the UK film and television industries," In response to the Committee decision, Paul Golding, Chairman of Pinewood Group, said. "Importantly, we now have the opportunity of creating a world class training centre and film inspired visitor attraction, bringing considerable benefits to the community of Buckinghamshire and the UK economy.”
With the council's permission, the company can now invest £500 million to construct the global screen growth hub, intended to expand the company's production capacities. The studio will also serve as a visitor attraction in the area. The development project is estimated to bring an additional £355 million boost to the UK economy, and create more than 3,500 jobs.
The proposed development for new studio space includes sound stages, a skills and training hub to be operated by the National Film and Television School, a business growth hub and a major film inspired visitor attraction. In addition, there are plans to extensively enhance the ecology and biodiversity of the area around the development and bring further considerable benefits to the community of Buckinghamshire.