A new UK film studio complex with the potential to be one of the biggest in Europe has unveiled plans.
On the banks of the River Wear in Sunderland, Crown Works Studios has been suggested as a new center for production.
The plan is dependent on government support and is subject to planning procedures, but construction is expected to start this year and end in 2027.
Sunderland Central MP Julie Elliot characterized it as "clearly a show of confidence in the region and its people.".
Pallion could potentially house production buildings, workshops, and 1 point68 million square feet (156,077 square meters) of studio space with up to 20 sound stages.
The scheme's sponsors, Fulwell 73 and Cain International, assert that it could generate more than 8,000 new jobs across the North East.
The Fulwell 73 partners, including Gabe Turner, Ben Turner, Leo Pearlman, Ben Winston, and James Corden, declared in a joint statement that the studio would "put the region on the map as a global production destination.".
We are all in agreement that this ambitious Sunderland-based studio represents a once-in-a-lifetime opportunity to further increase high end production in the UK, they said.
The 2018 Netflix documentary Sunderland 'Til I Die was made by the production company.
The studio hub, according to Fulwell 73 managing partner Leo Pearlman, "would create a long-term production industry" and "attract even more significant high end production to the UK.".
It follows the announcement of plans for the Shipyard Studios to create 1,000 jobs at the end of the previous year.
It was a "landmark moment for the city," Labour MP Ms. Elliot added.
The local and regional economies will undergo unprecedented transformations as a result of these plans, according to the speaker.
"I have collaborated closely with a lot of people to support and promote the enormous opportunity that this investment will bring to our city. Once the planning phase is over, I can't wait to witness its realization. ".
Usman Ali, a Conservative councilor representing Ryhope, said residents had expressed a variety of opinions.
Any type of investment, such as what has been dubbed "Pallywood," can only benefit Sunderland, the man said.
"I'm aware that a lot of people have opposing viewpoints, and some want to bring it back for shipbuilding.
"As someone who was born and raised in Sunderland, I'd love to bring that back, but dredging is a problem and there are obviously financial considerations. Why not give it a try if something like this is coming forward, in my opinion?