Heath's Blog

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Hollywood East is coming! (quietly)

Its a beautiful day on Cape Cod!  People are all out enjoying the holiday in MA, and some are staying away from the traffic in Boston so they are on the Cape.  The marathon is being run, the Red Sox are playing again this afternoon, the Celtics won last night, and the Bruins are scheduled for tonight in Montreal!

The weather is good, the fishing is good, the beaches are coming alive, and the economy has rumblings of a new excitement.  Not far from Cape Cod, over the Bourne and Sagamore Bridges in fact, the town of Plymouth is gearing up to become "Hollywood East."  There is a citizens' advisory board, and local real estate professionals are quietly gearing up for the possibility/probablilty of new movie production facilities being developed.

The local/regional papers have all published reports and stories on the 1000 acre development, but it seems to have quietly moved forward without a lot of publicity yet.  One of the developers aparently was head of Paramount Studios for 20 years with some strong investors backing his plan, and the town of Plymouth is moving to rezone some land to provide the necessary location. 

So start researching the local towns of Plymouth, Bourne, Wareham, Carver, Rochester, Sandwich, Mashpee, and Falmouth, MA for investment possiblities.  When "Hollywood East" is ready to become more public than it already is, there will be some investment opportunities.  The 2000 proposed jobs are just the top of what could become an economic anchor for Southeastern MA.  There were 10 movies made in Massachusetts in 2007.   The complex, which would include a state-of-the-art sound stage, would cost around $300 million, and would add a new dimention to the Cape area.

Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / capegroup@capegroup.com
508-274-5613  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup  Skype: heath.coker

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James Heath Coker | Create Your Badge

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