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Las Vegas motion picture studio moves another step forward

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The Southern Nevada Building Trades Unions has reached an agreement with the Summerlin Production Studios Project, which could create thousands of union construction jobs and $1.8 billion in economic investment for the complex.
The Las Vegas Motion Picture Studio project has advanced with the approval of a $10 million tax break by the Clark County Commission. This initiative, led by film producer Brett Ratner, aims to establish a major film production hub in Las Vegas, Nevada. The studio, planned for a 20-acre site near the Las Vegas Strip, is expected to create 10,000 jobs and attract significant film production activity to the area. The tax abatement, which will be spread over 10 years, is part of an effort to make the project financially viable and competitive. The studio's development is seen as a step towards diversifying the local economy, traditionally dominated by tourism and gaming, by fostering a new industry centered around film and television production.

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[ https://www.msn.com/en-us/money/other/las-vegas-motion-picture-studio-moves-another-step-forward/ar-AA1yLUd1 ]