The state has approved a 10-year, $400 million tax credit award in connection with plans to build a 1.5 million-square-foot film and television studio complex on the Bayonne waterfront.
Texaco Downstream Properties has sold a one-acre parcel across from a planned 1 million-square-foot film studio project in Bayonne, in a newly announced deal by CBRE.
Construction is set to begin early next year on a planned 1.5 million-square-foot film and television studio complex in Bayonne, according to a team with Turner Construction Co.