Netflix has hosted a groundbreaking ceremony at Fort Monmouth, New Jersey, marking the start of construction for its new state-of-the-art production facility. 

The streamer plans to invest $1 billion to transform the 292-acre former US Army installation into a leading East Coast production hub. The development will feature 12 soundstages totaling nearly 500,000 square feet, with additional areas dedicated to supporting film uses and community amenities.

“Netflix is proud to invest in American innovation and the creative community,” said Ted Sarandos, co-CEO of Netflix.  “We estimate that these studios will create thousands of jobs for New Jersey residents, billions of dollars in economic output, and many other cultural benefits to the region and state. Over the past four years, Netflix has contributed $125 billion to the US economy and hired more than 140,000 cast and crew members. And we’re excited to continue our investment in the US and New Jersey in the coming years.”

Speaking at the ceremony, New Jersey Governor Phil Murphy, said: “As the birthplace of the motion picture industry, New Jersey couldn’t be more thrilled to welcome Netflix — a name synonymous with 21st century entertainment — to the Garden State. The Netflix studio at Fort Monmouth further solidifies New Jersey’s reputation as a global leader in film and television production, attracting some of the world’s top filmmakers and creators to the state. We are grateful to Netflix for choosing New Jersey as its new home on the East Coast and for committing to an investment that will fuel economic growth, generate thousands of new jobs, and bring more patrons to our local businesses.”

“Today’s groundbreaking of the Netflix studio at Fort Monmouth brings our vision of making New Jersey the premier destination for world-class film and television to fruition,” added New Jersey First Lady Tammy Murphy. “As a global leader in entertainment and innovative storytelling, Netflix has completely re-shaped the industry as we know it today. While I look forward to seeing more New Jersey landscapes grace screens around the world, I am even more excited for the economic potential this studio brings to our state. From thousands of good-paying jobs to new opportunities for local businesses, expanded education and more, this state-of-the-art facility will create lasting benefits for the residents of our state for many years to come.”

Netflix first announced its plans in 2022 to transform Fort Monmouth, a property that had been largely vacant for over a decade, into an economic engine. Demolition is expected to take around 13 months, and the studio is projected to open in 2028. However, Netflix noted that further approvals are required before Netflix Studios Fort Monmouth can fully undertake construction.

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