Latest in fort monmouth

UPDATED with government approval. New Jersey Gov. Phil Murphy announced that state officials have formally approved plans for Netflix to turn the former Fort Monmouth Army base into a state-of-the-art production facility. The streaming giant will invest about $848 million in the redevelopment…

Netflix's offer for a parcel of land at Fort Monmouth in New Jersey, where it wants to build a state-of-the-art production studio, has been chosen as the top bid – a key step although not yet a final one. The next few months will include a due diligence period, an examination of the Fort, which is a…

Netflix, which quietly opened a studio in Bushwick, Brooklyn last month, wants to set up shop in New Jersey as well and said Tuesday it plans to bid for a site at the Fort Monmouth military base. The state is taking bids over a 90-day period through Jan. 12 to develop the century old, 89-acre location that was closed…