Netflix Unveils $903M Plan For N.J. Production Studio

On Wednesday (Dec. 21) Netflix unveiled its plans for an investment of $903 million into a production facility, per NJ Advance Media. The production house will be created on the former military base, Fort Monmouth, which surrounds Eatontown, Tinton Falls, and Oceanport. It will be a central point for the streaming giant's East Coast operations.

The Fort Monmouth Economic Revitalization Authority voted to authorize Netflix’s plan when it met at 5 p.m. Wednesday, according to a joint announcement from Netflix and Gov. Phil Murphy per the publication.

"Netflix is coming to town!" Gov. Phil Murphy tweeted Wed. (Dec. 21) "Our administration always knew NJ was a star—that’s why we worked so hard to build our entertainment industry from the ground up. Now, we are thrilled the former Fort Monmouth campus will officially be home to Netflix's East Coast production facility!"

The streaming giant's deal has to go through a due diligence period and get local approval but the support from Murphy following the vote makes it seem as though the entertainment company will have little to no interference in finalizing its New Jersey production facility.

"This will be among our largest, kind of on a par with our 300-acre facility in Albuquerque," Netflix’s Director of Content & Studio Affairs Rajiv Dalal told NJ Advance Media in an interview prior to Wednesday’s approval.

"We’re super-excited about moving one step closer to actually making this is a reality," he said.

NJ Advance Media reports that "Netflix is planning to develop 12 soundstages totaling nearly 500,000 square feet on the site, which is adjacent to Route 35 in Eatontown and Oceanport, among other additions. Renderings show multi-story production stage buildings and offices tucked behind the familiar Fort Monmouth archways."

Although there is not a targeted opening date as of yet, once operational the Netflix spokesperson said that the new studio would "provide anywhere from 1,400 to 2,200 jobs."

"As a result of nearly a billion dollars in film production spending, New Jersey will further solidify its status as an emerging national leader in the television and film industries," the governor said in a statement Wednesday.

"Additionally, Netflix’s substantial direct investment will stimulate job creation and spark an entirely new ecosystem of housing, hotels, and ancillary businesses and services, bringing with it countless additional jobs and boosting the regional economy," Murphy said.

This Netflix facility would be the company’s main East Coast production hub.

Netflix is celebrating its 25th anniversary today (August 29). Originally starting out in 1997 as a DVD rental service via mail, offering members unlimited DVD rentals without due dates, late fees, or monthly rental limits.

Ten years later in 2007, Netflix adapted and joined streaming, marking the start of binge-watching. Orange Is the New Black, House of Cards, Arrested Development and Hemlock Grove are the first slate of original series programming in 2013 and since then, the streaming giant has put out some of the best television to date. Check out the company's video, which tells their story.

See our 22 favorite Netflix original series, ranked, below:

Meet the most beloved sitcom horse of the '90s ... 20 years later. Set in an L.A. where humans and anthropomorphic animal-people coexist, BoJack Horseman is about one man (well, horse-man) who peaked too early and must figure out what to do next.

Angsty Syd navigates high school awkwardness, family drama and an unrequited crush on her best friend while trying to rein in her budding superpowers.

After enduring the wildest night of their lives — over and over — Nadia and Alan stumble into another bewildering existential adventure.

A twisted criminal's gruesome videos drive a group of amateur online sleuths to launch a risky manhunt that pulls them into a dark underworld.

The series centers on teens based on Nick Kroll and Andrew Goldberg's upbringing in suburban New York, with Kroll voicing his fictional younger self. Big Mouth explores puberty while embracing a frankness about the human body and sex.

Insecure Otis has all the answers when it comes to sex advice, thanks to his therapist mom. So rebel Maeve proposes a school sex-therapy clinic.

A budding teen psychopath and a rebel hungry for adventure embark on a star-crossed road trip in this darkly comic series based on a graphic novel.

Half witch. Half mortal. On her 16th birthday, Sabrina has to make a choice between the witch world of her family and the human world of her friends. With her aunties, her cat Salem, and her boyfriend Harvey Kinkle, Sabrina will face horrors and new adventures in the mysterious town of Greendale.

A dangerously charming, intensely obsessive young man goes to extreme measures to insert himself into the lives of those he is transfixed by.

Geralt of Rivia, a mutated monster-hunter for hire, journeys toward his destiny in a turbulent world where people often prove more wicked than beasts.

Flashing between past and present, a fractured family confronts haunting memories of their old home and the terrifying events that drove them from it.

One moment links 8 minds in disparate parts of the world, putting 8 strangers in each other's lives, each other's secrets, and in terrible danger. Though the first season was phenomenal, the second season fell short and the series was cancelled.

As Alfred the Great defends his kingdom from Norse invaders, Uhtred -- born a Saxon but raised by Vikings -- seeks to claim his ancestral birthright.

A notorious gang in 1919 Birmingham, England, is led by the fierce Tommy Shelby, a crime boss set on moving up in the world no matter the cost.

Reunited by their father's death, estranged siblings with extraordinary powers uncover shocking family secrets -- and a looming threat to humanity.

In a 1950s orphanage, a young girl reveals an astonishing talent for chess and begins an unlikely journey to stardom while grappling with addiction.

Stranger Things is an American sci-fi television series created by the Duffer Brothers first released in 2016. When Will Byers vanishes, a small town uncovers a mystery involving secret experiments, terrifying supernatural forces and one strange little girl.

Terrifying creatures, wicked surprises and dark comedy converge in this NSFW anthology of animated stories presented by Tim Miller and David Fincher.

Hundreds of cash-strapped players accept a strange invitation to compete in children's games. Inside, a tempting prize awaits — with deadly high stakes.

From Weeds creator Jenji Kohan, Orange is the New Black is a Netflix original series based on Piper Kerman's memoir about her year in a women's prison.

A financial adviser drags his family from Chicago to the Missouri Ozarks, where he must launder $500 million in five years to appease a drug boss.

This sci-fi anthology series explores a twisted, high-tech near-future where humanity's greatest innovations and darkest instincts collide.