Good news for the struggling Calgary and Alberta motion picture industry as city council has approved $10M in funding for the construction of the Alberta Creative Hub film facility which will be located in NW Calgary at Canada Olympic Park. The $30M+ motion picture production complex will house sound stages, production studios, office space as well as facilities to develop interactive media and new technology.There has been a dire shortage of studio space in Calgary over the past decade, an issue that was further exacerbated with the redevelopment of the previous makeshift Currie Barracks studio. The city and the province have lost numerous productions over the past few years due to the lack of adequate studio space and post-production facilities.
The city contribution is just the first step in what will most likely be a long funding process as the Alberta Creative Hub Corporation, a non-profit group formed to oversee the plans for the complex, is still seeking over $15M in additional funding from the provincial and federal governments.
For more information about the Alberta Creative Hub click on the links below to read the full Calgary Herald article and the official press release from Calgary Economic Development.
CALGARY HERALD ARTICLE:
CALGARY ECONOMIC DEVELOPMENT PRESS RELEASE:
http://www.calgaryeconomicdevelopment.com/news/alberta-creative-hub-receives-10-million-city-funding
