A much-hyped movie studio is in, and a Tesla Motors assembly plant may be out, at the former Boeing 717 manufacturing site.
Long Beach Studios Chairman Jack O’Halloran said he expects to sign a deal with Boeing on Monday to develop a $375 million movie studio at the 77-acre site, which ceased production in 2006.
“The film studio’s definitely happening, it’s going to happen,” O’Halloran said. The project, announced a year ago, encountered financial problems and fell out of escrow in March.
Even so Mayor Bob Foster said that Tesla and Boeing met about a week ago, so some negotiations for the 717 site may still be in the works. The mayor said the movie studio or Tesla could be a boon for Long Beach.
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