The Boston Globe has reported that mere weeks before groundbreaking, the $550 million in funding for the construction of Hollywood East in Massachusetts has been pulled, leaving the future of Plymouth Rock Studios, the movie industry in Metro Boston, and countless jobs up in question.
A week ago, the Globe started investigating Prosperity International LLC, of Orlando, Fla., finding “its track record was thin, at best.” Today the studio said it was cutting ties with its would-be financier.
In January, we said Plymouth Rock Studios would be a marvel in green technology, being a Leadership in Energy and Environmental Design (LEED) certified structure with a 21st century earth-friendly setup. The studio, when finished, is supposed to have 14 sound stages and 10 acres of outdoor sets.
Now it’s just a question mark.