A defunct New Jersey military base is a step closer to becoming a home for Netflix after the video-on-demand and entertainment giant received a key approval to build a massive film production complex at Fort Monmouth, the former army base in Ocean County.
The required zoning to complete the $900 million studio complex got the green light from the Fort Monmouth Economic Revitalization Authority board and can proceed for further approval from other local boards.
The complex is expected to include 12 soundstages and lead to the creation of thousands of jobs. However, some environmental concerns have been raised and local planning boards are set to evaluate the impact, according to recent meetings about the project.