Media Campus Project At Steiner Studios Gets $5M State Grant

A $5 million state grant is headed to Steiner Studios in the Brooklyn Navy Yard as part of a $17 million plan to spur economic development projects across New York State. The money will be used towards “construction and related planning and design expenses to implement Phase III of its Media Campus project,” according to the grant announcement, which was issued by the office of Governor Andrew Cuomo.

“Through these investments, we are strengthening key industries and supporting a range of companies, projects and initiatives that are generating economic activity in nearly every region of the state,” Cuomo said. “This funding will encourage continued business development and job creation by promoting regionally significant strategies that will pave the way for future growth statewide.”

The Media Campus project will cost $137 million for Phase III and entails converting the vacant naval hospital annex into “A hub for media, technology, and film-related businesses [with] six soundstages” and improvements to existing structures.

It was chosen as one of 22 projects to fund by the Empire State Development Board of Directors because of its “potential to create at least 1,000 full-time permanent jobs and 850 construction jobs” — over 2,500 permanent jobs and 2,600 construction jobs over the next 12 years.