11/21/2023 0 Comments Production hub about meTC Energy expects a final investment decision in 2023, subject to regulatory approvals. “The CO 2 generated during this process is then captured and sequestered, lowering the emissions to meet clean-energy standards,” the companies said. The gas used in the hydrogen production process would come from TC Energy’s gas storage facility. The proposed hub would produce an estimated 60 tonnes of hydrogen per day, with the ability to expand and produce as much as 150 tonnes per day in the future. “With our focus on creating low-carbon solutions for businesses, we’ve identified our Crossfield site as a hub to produce and distribute hydrogen to serve long-haul transportation, power generation, large industrials and heating customers across the United States and Canada,” said TC Energy's executive vice president Corey Hessen. Whether you need a camera operator for one day, a video editor for one month or a full-time producer, we help you find exactly what you need for your production. The hydrogen production hub would be built on 140 acres located about 50 kilometres from the Crossfield natural gas storage facility that holds about 68 billion cubic feet of natural gas. Welcome to the largest global network of film, video, TV, live event and post-production professionals. Netflix also has taken over ABQ Studios in Albuquerque, N.M., which it acquired for less than $30 million, and earlier this year signed leases for a total of nearly 250,000 square feet of studio and office space in Toronto at Cinespace Studios and Pinewood Toronto Studios.Uber, Didi, Jaguar: BP plans major ramp-up in electric vehicles sector with key tie-ups In L.A., the subscription-streaming company last fall signed a lease to fully occupy all 327,913 square feet of the 13-story EPIC building in Hollywood, adding to its footprint at nearby buildings ICON (325,757 square feet) and CUE (91,953 square feet) located on the Sunset Bronson Studios lot. Amazon was set to get a $1.525 billion tax credit contingent on the creation of 25,000 jobs but bailed on the plan this February after political opposition to the ecommerce giant’s move into Queens.įor Netflix, the expanded NYC outpost is the latest in a series of recent real-estate moves beyond its headquarters in Los Gatos, Calif. The tax breaks Netflix is receiving from New York State come under the same program it offered Amazon to open a major East Coast office in Long Island City, Queens. Netflix and its studio partners have already produced numerous originals in New York, including “Orange Is the New Black,” “Unbreakable Kimmy Schmidt,” “She’s Gotta Have It, Martin Scorsese’s “The Irishman,” “Someone Great,” “Private Life” and “Russian Doll.” The Brooklyn location Netflix has leased, in the borough’s Bushwick section, is owned by real-estate developer Steel Equities, which acquired the warehouse property for $53 million last year from Normandy Real Estate Partners, Princeton Holdings and Royalton Capital, according to trade publication The Real Deal. Netflix’s existing New York City office is located in the Chelsea neighborhood at 245 West 17th St. According to Normandy, the building is undergoing a major renovation expected to be completed by summer 2019 that will include a new office lobby and the addition of a penthouse and rooftop patio space. The building at 888 Broadway (located at 19th Street and Broadway) is owned by Normandy Real Estate Partners. Jason Hariton, Netflix’s director of worldwide studio operations and real estate, said in a statement, “New York has created a film-friendly environment that’s home to some of the best creative and executive talent in the world, and we’re excited to provide a place for them at Netflix with our production hub.” “We’re proud Netflix chose New York to grow its business, and we look forward to the jobs, economic activity and world-class productions this project will bring.” “Netflix is innovative, creative and bold - just like New Yorkers - and the expansion of this cutting-edge company in New York once again demonstrates the Empire State is open for business,” Cuomo said in a statement. To receive the full incentive, Netflix must create the 127 jobs by 2024 at its new executive production office and then retain those new jobs (and their existing 32 office jobs) for another five years. Under the deal with Netflix, Empire State Development - the state’s economic development agency - has offered up to $4 million in performance-based tax credits over 10 years, which are directly tied to job creation.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |