What's Happening?
The Village Board of Flossmoor has approved a plan for Only Believe Entertainment to develop a movie production studio on village-owned land. The project aims to transform abandoned land into a studio and production space, which is expected to attract production crews and generate revenue for the village. The development will include an administration and production building, a soundstage, and a prop house. The project is supported by recent film tax credit legislation in Illinois, making the state an attractive location for film production.
Why It's Important?
The establishment of a movie production studio in Flossmoor represents a significant economic opportunity for the village. It is expected to create jobs, boost local businesses, and increase the village's
visibility as a film-friendly location. The project aligns with Illinois' growing reputation as a hub for film production, supported by favorable tax incentives. This development could also attract further investments in the creative industries, contributing to the diversification and resilience of the local economy.
