#Chicago movie production companies driver#
#Chicago movie production companies plus#

The campus will offer an engaging and efficient onsite environment that is integrated into a vibrant northwest corridor with its mix of shops, dining, arts and entertainment in a historic, architecturally distinctive and walkable neighborhood.

The redevelopment of the project into a film studio will bring the property back to its original manufacturing roots with jobs for those in the surrounding neighborhoods, with a modern twist. The new studio development will be the focus of the iconic adaptive reuse of the former Marshall Fields warehouse, which also includes a mix of retail, residences, office and now studio space. The Illinois legislature originally approved the film tax credit program in 2008 to improve the local economy and grow the film business in the state, encouraging local episodic and feature film production. In March, Governor Pritzker signed a 10-year extension of the state’s long-standing production tax credit for filmmakers, which also enhances the program with the inclusion of several “above the line” costs, a significant boost to Illinois’ program as it competes on a national and international basis for top quality productions. We welcome Knickpoint Ventures’ innovative approach, industry expertise and commitment to Chicago and its meaningful addition to our film production capacity,” said Governor Pritzker.

#Chicago movie production companies driver#

“The Fields Studios is an important driver of jobs and revenue for the city and the state, and further elevates Illinois’ position as a viable and desirable production option for the entertainment industry. Pritzker announced the state’s commitment to the growth of the local film business by introducing a development subsidy to spur the growth of additional, critical sound stage infrastructure such as The Fields Studios. The Fields Studios offers the largest sound stage in Chicago and is the latest addition to the mixed-use redevelopment of the 20+acre, 1.5 million-square-foot former Marshall Fields warehouse property on Chicago’s Northwest Side.

#Chicago movie production companies plus#

It boasts nine sound stages on two lots totaling 132,000 square feet of sound stages and over 350,000 square feet of creative and production offices, plus mill and support space. CHICAGO-( BUSINESS WIRE)- Knickpoint Ventures today welcomed civic, community and business leaders to the topping-off ceremony at The Fields Studios, Chicago’s first purpose-built film studio that is expected to be completed in the first quarter of 2024.