May 26, 2016 | Barb Livingstone
Film centre represents just one example of efforts to transform local economy, say officials
Film production may be the world's glamour industry, but in Calgary it is shooting to become a new driver of Alberta's diversified economy.
Last week, the $28.2-million Calgary Film Centre opened in a Calgary southeast industrial park, about 20 minutes from downtown. The new facility includes three new sound stages spread across a total of 50,000 square feet and three multi-purpose workshop spaces offering an additional 15,000 square feet.
Calgary Economic Development president and CEO Mary Moran said the film and television industry is just one sector being focused on in attempt to diversify the local economy. CED predicts it could provide an annual $500-million injection into the economy in as little as five years, compared to its $175-million share today.