Planning Permission For Pinewood Expansion

Planning permission has been granted for a new scheme that will double the size of Pinewood Studios.

The Pinewood Studios Development Framework (PSDF) comprises doubling the existing Pinewood Studios by adding a total of 100,000 sq. m. of new facilities, including studios and stages, workshops and production offices.
The Secretary of State for Communities and Local Government has now announced that the project can go ahead.
Ivan Dunleavy, Chief Executive of Pinewood Shepperton plc said: "Our project builds on the success of the Government's policy for the creative industries and addresses the shortage of stage space in the UK. As a result of today's green light from the Secretary of State, thousands of much needed new jobs will be created in this growing sector of the economy. We want to begin construction as soon as possible. I'd like to thank colleagues both within and outside the industry, for the tremendous support they have given the project."

The scheme will, according to Amion Consulting, have a positive impact on the economy by:
• providing £194m of private sector infrastructure investment
• supporting over 8,100 full time jobs
• creating some 3,100 net additional jobs
• producing an additional £149m in Gross Value Added (GVA)[i]
• providing an additional contribution to the Exchequer of £36m per annum
• generating an additional £37m per annum in UK exports

www.pinewoodgroup.com

(IT/CD)