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Netflix Breaks Ground on $1 Billion Production Campus in New Jersey

The 292-acre Fort Monmouth site will be transformed into a state-of-the-art studio with 12 soundstages, creating thousands of jobs and bolstering the state’s economy.

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Overview

  • Netflix officially began construction on its Fort Monmouth production campus on May 13, 2025, marking a major milestone for the project.
  • The $1 billion investment will convert the former U.S. Army base into a 292-acre facility featuring 12 soundstages and production support areas.
  • The New Jersey Economic Development Authority has designated Netflix as a Studio Partner, granting access to a 40% tax credit under the state’s Film and Digital Media Tax Credit program.
  • The project is expected to generate over 1,500 permanent production jobs and more than 3,500 construction-related jobs, significantly boosting the local economy.
  • Demolition of existing structures is projected to take 13 months, with the full studio campus slated to open in 2028.