Development firm RMS Cos. has leased up a new 153-unit luxury apartment property in Union Township, as it looks to build on the success of its first project in New Jersey.
Inside the deal to create Newark’s ‘mini-Hollywood’ at new $125 million studio complex
Plans to build a $125 million television and film production studio in Newark’s South Ward are expected to help cement efforts to build a durable infrastructure for the industry in New Jersey. They’re also the culmination of decades of wishful thinking in the city and, more recently, years of complicated deal-making that involved some of state’s biggest players, including Gov. Phil Murphy, as part of an aggressive push to attract productions and studio operations.
