Ireland to open its largest film and TV studio facility by 2024

Ireland is set to open its largest film and TV studio facility with more than 670,000 sq ft of production space in the coastal town of Greystones, Ireland.

Located on a 44 acres site approximately 15 miles south of Dublin, Greystones Film and Television Studios will have 14 state-of-the-art sound stages with the first 7 sound stages, associated office, workshop and backlot spaces to be delivered by 2024.

The project costs nearly €300 and is the latest addition to the Hackman Capital/Square Mile Capital portfolio who were also behind the acquisition of Ireland’s Ardmore Studios and Troy Studios in August 2021. 

The two-phased development is a joint venture with the Ireland Strategic Investment Fund (ISIF), Ireland’s sovereign development fund and Capwell, a Sisk family investment vehicle. The partnership’s affiliate, The MBS Group, will assist in the purpose-built studio design and help oversee studio operations and provide production services and equipment rentals when the facility opens its doors.

The studio development will deliver double the high-end film and TV stage capacity in Ireland and support the growing number of international and domestic productions coming to the small country. 

The development in Greystones is expected to boost the local economy whilst creating 1,500 new jobs once it is operational and an additional 450 jobs during the construction phase.

Paschal Donohoe, Ireland’s minister for finance, said: “This investment is reflective of the positive work done by the industry over the last number of years. It is also indicative of the impact of the long-standing State supports for the expression of Irish and European culture through audio-visual works and the creation of quality employment opportunities for those working within the sector. This joint venture by the Ireland Strategic Investment Fund and its business partners will enhance Ireland’s ability to capitalise on the high demand for content by promoting our country as a location for both foreign and domestic producers. On the back of what has been a record-breaking year for spend on TV and Film production in Ireland, this level of investment will serve to enhance Ireland’s reputation as a location for high quality production.