Telemundo has opened the largest TV production studio in South Florida, a $250 million complex designed for 1,200 employees, with room to grow to 1,500.
The Spanish language media giant, a subsidiary of NBCUniversal and Comcast Corp. (NYSE: CMCSA), debuted its 476,000-square-foot global headquarters at 2350 N.W. 117th Place, just west of the Dolphin Mall. It’s in the Beacon Lakes industrial park in west Miami-Dade County.
This facility will be the hub of TV series production, news, digital content and sports – including the 2018 FIFA World Cup – for Telemundo, a leading network for Spanish language programming in the United States. It has been in a tight battle for viewers with Univision, with Telemundo making huge gains since Comcast acquired its parent company NBCUniversal in 2011.
“This may be the most beautiful building we have anywhere in the company,” said NBCUniversal CEO Stephen Burke. “And that’s coming from a company that owns 30 Rock and the Comcast Center in Philadelphia.”
Telemundo’s headquarters was designed by RLC Architects and built by Turner Construction.
Telemundo received a state and county public incentive package worth up to $3 million from the Target Jobs Incentive Fund over six years and a $5.5 million High Impact Performance Incentive/Capital Investment Tax Credit from the state.