Shore Development & Construction Announces Medient Studioplex Development and Construction Contract
March 20 2014 - 6:47PM
CHARLESTON, S.C., March 20, 2014 - Shore Development and
Construction, LLC, announced today that it has been engaged by
Medient Studios (OTCQB:MDNT) and contracted as the construction
manager for the Medient Studioplex, located in Effingham County,
Georgia.
The project, which will be composed of four phases, includes: 2
million square feet of sound studio, offices, outdoor entertainment
venues and onsite lodging and housing. Upon its completion, the
project will include the largest soundstage in the world. Medient
has a 20-year lease on the 1,560-acre property, with an option to
purchase for $100 at the end of the term.
"We look forward to working with Manu and his team to create a
truly sustainable live-work community," said Jeremy Blackburn,
President of Shore Development and Construction, as well as CEO of
Titan Atlas Global. He added, "Medient has significant commitments
from production and film companies from around the world who are
anxious to take advantage of not only the attractive film and
entertainment business climate in Georgia, but in particular the
Medient Studioplex, which will be the most technologically advanced
studio ever built."
Shore Development and Construction, LLC, brings a wealth of
talent and global experience in development and construction, as
well as the ability to utilize Titan Atlas Global as the
manufacturer for green, sustainable construction products.
Medient's choice to use a vertically-integrated construction
partner and manufacturer with an in-house architecture and design
team will prove beneficial not only for the speed and efficiency of
development and construction, but should also result in significant
cost savings throughout the entire design build process.
This project will mean additional job growth in both South
Carolina and Georgia. Shore will look to hire Georgia construction
contractors, in addition to its own employees, and will be adding
additional employees in Georgia. Titan Atlas Global will add
additional employees for the production of the materials to be
delivered to the site. This will further deliver upon the promises
from Medient to increase job growth in the region.
Titan Atlas Global, LLC, and Shore Development and Construction,
LLC, are privately held corporations located at 4280 Pace Street
North Charleston, S.C.
About Medient Studios Medient Studios, Inc.
(OTCQB:MDNT) ('Medient') (www.medient.com) is an entertainment
content creation company with a strong presence in North America,
Europe and India. Medient's management team has approximately 150
years of experience in the motion picture industry and is
responsible for producing and/or financing over 250 movies. Medient
is realigning the content creation process to enable efficiencies
of scale and eliminate process waste by building a fully integrated
movie and electronic game production facility as part of its
Studioplex on a 1,550-acre property in Effingham County, Georgia.
Once operational this production facility will be the largest of
its kind in the United States.
Media Contact: Jeff Webster, Rawle Murdy Phone: (843) 577-7327 ext.
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