Tyler Perry Officially Buys 37 Additional Acres For $8.4M To Expand Atlanta Studio

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According to the Atlanta Business Chronicle, media mogul Tyler Perry purchased 37 more acres to add to his Tyler Perry Studios, which already has 330 acres.

According to the outlet, the land cost $8.4 million and will be used to expand the company’s current production campus with an entertainment, retail, and restaurant district.

“There could be three or four restaurants and an alley of about 10 small theater houses and dinner theaters – from 50 seats to 350 seats,” Perry told Atlanta Business Chronicle during a 2020 interview.

Despite the fact that the sale of the 37 acres of land began in June 2021, the property title was not issued until December 28, 2022, just over a year after the expansion was first announced.

As previously reported by HowAfrica, while Perry is now among the group of Black billionaires in the United States, he faced some difficulties along the way.

The visionary once lived in his car while attempting to make his way to the top.

During a 2019 interview, the Madea creator discussed his feelings after an Atlanta highway sign was changed to direct drivers to Tyler Perry Studios.

“My eyes filled with water knowing what God has allowed to happen in my life,” wrote Perry via Facebook. “Atlanta has truly been the promised land for me. I came here with nothing, lived off Sylvan Road, ended up homeless and starving, but I was always praying and believing.”

 

Perry is now building on his previous success. He paid a whopping $30 million for the land at Fort McPherson in 2015, just four years after the military shut down the base.

According to the outlet, Perry’s agreement also gave him first dibs on any of Fort McPherson’s remaining land, which he has now officially secured as his dreams of expansion continue.

 

 

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