The New York City Council has approved the one billion dollar
expansion project of Silvercup Studios on the Queens East River, adjacent to its
main lot. The expansion will include an apartment complex, cultural center, an
esplanade and commercial office spaces.
The project is expected to generate many jobs—an estimated
2200 during construction, 3900 permanent positions and 2500 indirect jobs, which
would result from its soundstages and retail stores.
Groundbreaking is expected to take place in winter of next
year, and construction to finish sometime in 2010. The land was purchased in
1999.