"In Austin, with the skyrocketing cost of real estate, theselarge, empty spaces are non-existent," Suzanne Quinn, director ofAustin Studios, told GlobeSt.com. The center will use six hangarsand one existing office building at the 709-acre Mueller Airport tohouse production and post-production space and AFS offices. AustinStudios: Soundstages & Media Center is a nonprofit venture ofthe Austin Film Society.

The airport is situated in central Austin near East 51st Street."The city leased this to us, as is," says Quinn. "It is extremelyfunctional and we didn't have to make the initial investment."

The agreement outlines a 10-year lease with a five-year option.Quinn explains that the lease allows Austin Studios to manage thespace on the city's behalf and to act as an agent to attractproduction companies and various disciplines of the film industry.Meanwhile, the city is the owner.

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