1,200 jobs as Hackman Capital Partners invests in Dagenham
Barking and Dagenham Council has signed an agreement with global media real estate leader Hackman Capital Partners (HCP) to build a film and TV production centre in Dagenham.
The Eastbrook Studios project comes with planning permission, and HCP’s ambitious plans include up to 12 sound stages, three acres of backlot, offices and ancillary space, totalling over half a million square feet. HCP’s hundreds of millions in direct investment will also involve an endowment to maximise local jobs, placements, apprenticeships, community outreach and supply chain opportunities.
The studios will create an estimated 1,200 jobs, contributing £35m per year to the local economy. The site will be leased to HCP on a 250-year basis. Building work is set to start next year and filming could start as early as mid-2022 with the studio fully operational by 2023”
The UK is one of the most sought after countries in the world for major feature film and high-end television production. The Dagenham site will add much needed sound stage capacity to the overall industry.
Last month Elstree Studios in Hertfordshire received investment to build two new sound stages and ancillary workshops. Some of the most famous films in the world have been produced at Elstree – the Indiana Jones and Star Wars trilogies, Superman, The Shining and Labyrinth to name a few. Around 800 jobs are expected to be created at Elstree thanks to this latest funding boost.