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The estimated $70 million venture calls for studios and soundstages at the iconic Gardens building at Sixth Street and Muhammad Ali Boulevard and on a current parking lot at Seventh and Ali.
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The Kentucky Film Office will be a central hub for industry coordination in the state, including marketing and workforce development.
The goal of Senate Bill 1 is to strengthen the state's film industry by creating the Kentucky Film Office, which would be part of the state's Cabinet for Economic Development.
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Greenberg approved a new contract with the development group, planning to turn the gardens into the Louisville Gardens Sound Stages for film and television production.