Netflix emerges as top bidder for studio complex at former N.J. Army base

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Netflix emerges as top bidder for studio complex at former N.J. Army base
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The former Fort Monmouth Army base, which closed in 2011 after nearly 100 years of military activity, is being redeveloped.

of land at the former Fort Monmouth Army base in Monmouth County, where the company plans to build a large production complex.

The company said in a statement Wednesday that there is “still work to be done” on the deal with state and local leaders. Netflix officials said the company is the “preferred choice for the Fort Monmouth development project is our proposal for a state-of-the-art production complex.” “If our plans are approved, we hope to build a facility that will create significant economic impact and job growth for New Jersey, a state loaded with creative talent and technical expertise,” a Netflix spokesperson said.

Netflix did not disclose the dollar amount of their bid, but said if it’s signed, possibly in the next few months, it’ll be subject to another period of due diligence and approvals from an assortment of local, county and state approvals. “Governor Murphy is delighted to hear that Netflix is interested in establishing a serious presence in New Jersey,” The governor’s office said in a statement to NJ Advance Media. “He looks forward to working with them and the rest of the industry to create good-paying jobs and spur economic growth throughout the state.”

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