Cinelease Studios is set to undergo a massive expansion of its Three Ring Studios complex in Covington, Georgia, according to local governor Brian P. Kemp.
The expansion of the 90-acre facility will include eight new stages, 14 purpose-built sound stages, 276,000 sq ft of stage space, 100,000 sq ft of office space, and an additional 72,800 sq ft of flexible space, upon its completion in 2023.
The completed studio will be one of the largest film studios in the country and the only public-private partnership that has developed infrastructure for the film and TV industry in Georgia.
Three Ring will also be Georgia’s first vertically integrated production campus, with Cinelease managing the development of the site and the supply of media equipment.
“Cinelease has been a pioneer in Georgia’s entertainment industry. Our senior leadership had the foresight to see the potential in the state, and we are proud to have acted as a magnet for the regional expansion of our industry,” said Gannon Murphy, general manager of Cinelease Studios. “We can confidently say that investing in an expansion of this magnitude reinforces Cinelease’s commitment to making an impactful contribution to the workforce, tax base, and client experience in Georgia.”
Lee Thomas, Georgia Film Office director, added: “Cinelease’s expansion is a testament to the success of Georgia’s film tax credit. While it is only film and television projects that are qualified to earn the tax incentive, thousands of taxpaying support service companies - like Cinelease - are able to grow as well, in response to the level of business."
Three Rings Studios is owned by Rahim Charania with Atlanta-based real estate firm Woodvale and Cary Goldman with Chicago-based real estate firm Timberhill Group.