Netflix is bidding on a crumbling Army base in New Jersey planning to turn into one of the largest production hubs in the US. The 289-acre site of 96-year-old Fort Monmouth is about 50 miles south of New York City was closed by the Pentagon in 2011.

Netflix said that it would transform Fort Monmouth into a “state-of-the-art production facility,” indicating a mix of soundstages, postproduction buildings and backlot filming areas.

The site would be Netflix’s second-largest production complex behind ABQ Studios in New Mexico. Netflix bought that complex in 2018 and committed to spend $1 billion in the state, announcing plans in 2020 to expand and invest an additional $1 billion. ABQ Studios will have more than 15 soundstages when complete.

Governor Phil Murphy of New Jersey is offering tax credits for production and studio construction, reports the NYT.

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Tags: netflix, new jersey, new york, The New York Times