A team led by East Lansing's Gillespie Group and Lansing-based Ahptic Film & Digital are set to announce plans today for City Center Studios, which would have twin 24,000-square-foot soundstages large enough to handle a blockbuster.
It would likely be late 2009 before the studios could open, and no movie deals are yet in the works.
But the group is being spurred by a flurry of film-related activity coming to Michigan thanks to its new production incentives. State officials have green-lighted 19 projects for tax rebates of up to 42 percent of their Michigan production costs since the incentives were approved in April.
The building - about the size of a small department store - would replace a largely vacant lot between Cedar and Larch streets south of Saginaw Street.
It would cost about $9 million to build, Gillespie said. Millions more likely would be spent on equipment.
The building would be about 58 feet tall - a few feet taller than Gillespie's nearby four-story Stadium District building to the south. That would give the structure's soundstages a ceiling height of 50 feet.
It also would include editing suites, a screening room and office space.