The famous Elstree Studios desperately needs money and repairs after the filming location was labeled as “dangerous” in a new report.
Elstree Studios, the legendary filming location for films including Star Wars: Episode IV – A New Hope, Raiders of the Lost Ark, and more, is, according to a new report, in desperate need of repairs. Hertsmere Borough Council, which owns Elstree Studios, and commissioned the evaluation of the studio, is staring down the barrel of a significant restoration bill to the tune of PS200million ($256M) to “replace life-expired buildings and ensure its competitiveness beyond the 21st century.”
The report labels the studio’s roofs and stages as “dangerous,” with walls expected to last 10-15 years before succumbing to asbestos rot. The report deems the roofs and stages of the studio as
with walls expected to last 10-15 years before succumbing to asbestos rot. The council is willing invest PS90,000.00 in consultancy fees for a plan to preserve the iconic filming site. Still, that’s a significant chunk of cash to pump into a dilapidated venue.https://www.youtube.com/watch?v=1pnij260jsYCurrently, the studio is valued between PS40m to PS100m
“depending on the purpose of its future use, such as residential use.” That’s not a lot of money, considering the venue’s history and the movie magic created on its stages and hallowed grounds.Beyond the studio’s failing structural integrity, the report says it is
“severely outdated and needs substantial and urgent upgrades.” Sadly, Elstree lacks the funds to make the necessary repairs. There is no nest egg or coffee can to save money for a rainy-day. Elstree Studios has produced countless cinematic gems and renowned directors. A-list actors also contributed to the success of Elstree. This is a sad state of affairs. Time is a fickle mistress, and with enough neglect or upkeep, any studio can find itself in a compromising position.Will the council help save Elstree Studios? How could a studio so famous fall victim to these circumstances? We’ll just have to wait and see how it all turns out. We hope the studio can schedule repairs and avoid closing.