ELLENTON — Feld Entertainment is moving into a new production facility just a few miles down the road from its long-time Palmetto location, bringing 235 new jobs along for the ride.
The live show producer is expanding into a new 47-acre campus in Ellenton that will house 100,000 square feet of office space and 450,000 square feet of manufacturing in two buildings along U.S. 301 North, the company announced late today.
Feld Entertainment also plans to incrementally relocate its global headquarters from Vienna, Va. to the new facility in Ellenton over the next five years. The company will receive a total of $3.8 million in government incentives for the move.
“We are very excited to move our global operations headquarters to this new location,” said Feld Entertainment Chairman and CEO Kenneth Feld. “This new facility will enable us to consolidate many of our operations in Ellenton so that we can continue to create the high quality live family entertainment spectaculars that our customers around the world expect."
Feld Entertainment produces some of the most well-known brands in live entertainment, including Ringling Bros. and Barnum & Bailey, Disney On Ice, Disney Live!, Monster Jam and other motor sports events.
The company’s new Ellenton production facility will allow for growth that couldn’t be accommodated at the company’s existing location.
The facility will house Feld Entertainment’s operations responsible for the design, production and support of the company’s global tours, including scenic design, costumes, sound and lighting, as well as the company’s circus train maintenance.
Rehearsals for Feld shows will continue at their current locations, although the new facility will also allow for the creation of some new rehearsal space.
The site was originally developed by The Siemens Corp. and most recently occupied by General Electric, records show.
The company will preserve its 148 local employees and is projected to add 235 new highly skilled, high-wage jobs over the next five years, according to the Manatee Economic Development Corp.
Feld Entertainment garnered a number of local and state incentives totaling $3.78 million, which is based on the jobs created. Those incentives include $1.17 million from the state’s Qualified Targeted Industry fund, $650,000 from the Quick Action Closing Fund, and $1.5 million from Manatee County.
“Part of the plan is for them to move their corporate headquarters down to Ellenton,” Manatee EDC President and CEO Sharon Hillstrom said today. “There were some customized incentives for this project. Everybody just realized what a tremendous impact it will have on the county.”