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posted April 15, 2007

Blockbuster directors to build T.O. studio

Ridley and Tony Scott to play prime role in reviving city's slumping industry, creating hundreds of jobs

Apr 14, 2007 02:30 Am
TONY WONG
BUSINESS REPORTER
Europe's largest film studio, Pinewood Studios Group of London, is expected to open a major new studio complex in west-end Toronto, giving Hollywood North a badly needed lift, the Star has learned.

The project's developer is Toronto's Castlepoint Studio Partners Ltd., which is believed to be in partnership with Pinewood, whose owners include noted British director Sir Ridley Scott, say sources.

The deal, which closed earlier this week, will see the development of 100,000 square feet of new studio space near Bloor St. W. and Lansdowne Ave., according to sources close to the deal.

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