Echelon Studios will bring 600,000 square feet of new soundstage space to Red Hook and Bushwick, adding 2,400 jobs and fueling New York’s film boom.

New York City’s production landscape is getting another major boost. The New York City Economic Development Corporation (NYCEDC), New York City Industrial Development Agency (NYCIDA), and Bungalow Projects have closed two deals totaling $552 million to finance the construction of Echelon Studios, a pair of high-end film and television facilities in Red Hook and Bushwick, Brooklyn.

The projects — spanning 600,000 square feet across sites at 176 Dikeman Street and 242 Seigel Street — are expected to generate 2,400 jobs between construction and operations, according to city officials. Once completed, the complexes will target big-budget productions and help relieve New York’s chronic shortage of purpose-built stages.

“With the State’s expanded Film Tax Credit Program fueling more production activity, Echelon Studios will be ideally positioned to capture this wave of demand while creating thousands of jobs for New Yorkers,” said Travis Feehan, co-founder of Bungalow Projects.

“New York City is ripe to grow its presence as a global production destination,” added Andrew Kimball, president and CEO of NYCEDC.

The announcement comes as the city cements its status as one of the most competitive production hubs in the world. Robert De Niro’s Wildflower Studios opened in Astoria earlier this year, while Borden Studios launched in Long Island City and Steiner Studios, in partnership with NYCEDC, is expanding in Sunset Park. Meanwhile, East End Studios is building a new complex in Sunnyside, Queens, and Sunset Pier 94 Studios is under construction on Manhattan’s far West Side.

“Content filmed at these new studios — and on the streets of Brooklyn and throughout all five boroughs — helps drive global audiences to visit, work, and live here, which in turn provides jobs and supports local businesses,” said NYC Film Commissioner Pat Swinney Kaufman.

Echelon Studios will feature top-of-market technical specs, including column-free soundstages with 40-foot clear-to-grid heights, ample below-grade parking, robust electrical and HVAC systems, and high floor-load capacity. The Bushwick campus will be capable of hosting up to three large-scale film or TV productions simultaneously, while Red Hook will accommodate one or two.

The Red Hook site also supports the city’s broader waterfront redevelopment strategy, expanding the Brooklyn Marine Terminal into a mixed-use district with housing, retail, and public amenities.

Mayor Eric Adams praised the deal, calling it a vital investment in New York’s creative economy. “Investments like this one create a city where every New Yorker can find a job and every family can thrive,” Adams said in a statement.

The new studios mark another milestone in New York’s ongoing effort to compete with neighboring New Jersey and other states aggressively courting productions through expanded incentives. With more than $700 million in annual production spending and over 185,000 New Yorkers employed across film, television, and digital media, city leaders are betting that Brooklyn’s newest soundstages will keep cameras rolling — and jobs local — for years to come.