Is the Vegas Movie Studio Still Happening?

Quick Answer: Not yet. The tax credit deal that would fund Summerlin Studios failed twice in 2025, and it won't get another vote until at least Nevada's 2027 legislative session. But the project isn't officially dead, and there's more going on in this space than most people realize.

What is Summerlin Studios?

Summerlin Studios (nicknamed "Hollywood 2.0" in local coverage) is a proposed 31 acre, roughly $1.8 billion film and TV production studio planned for Summerlin, backed by Sony Pictures Entertainment, Warner Bros. Discovery, and Howard Hughes Holdings. Job creation estimates vary by source and by year. The Las Vegas Review-Journal has cited roughly 10,000 jobs, while earlier project projections from Howard Hughes put the number as high as 15,000 permanent positions once fully built out, plus around 19,000 construction jobs along the way.

Is Summerlin Studios the only project like this in the works?

No, and I think this part gets lost in the coverage. There's a second proposal on the table called Nevada Studios, developed by Birtcher Development in partnership with Manhattan Beach Studios, UNLV, CSN, Nevada State University, and the Clark County School District. Neither project is funded yet, but it's worth knowing this is a two-horse race, not a single bet riding on one bill, according to 8 News Now.

Is Summerlin Studios still happening?

It's not built and it's not funded, but it's also not officially cancelled. The project has now failed to secure state tax credit backing three times: 2023, 2024, and most recently 2025. Actor Mark Wahlberg, who's publicly attached to the project, called the latest failure "very disappointing" but told the Review-Journal in November 2025 that building a studio here is "not a matter of if, it's a matter of when." My honest read: paused, not dead.

Does Wahlberg actually live here, or is his name just attached to a pitch?

He actually made the move himself. Wahlberg and his family left Los Angeles for Nevada in 2022, and he sold his Beverly Hills mansion for $55 million the following year, according to Fox Business. I bring this up because it's a real example of the exact move I help clients make every week.

Why did the tax credit bill fail?

The legislation, Assembly Bill 238, would have provided up to $95 million a year in transferable tax credits for 15 years (roughly $1.4 billion total). According to Nevada Current, it narrowly passed the Assembly 22-20 in May 2025 but never got a Senate vote. Lawmakers revived it in a November 2025 special session, where the Senate rejected it 10-8, per KLAS 8 News Now.

When could this come back up for a vote?

Nevada's legislature meets in regular session every two years, so the next scheduled opportunity is 2027. A new special session could revisit it sooner, but as of now nothing is scheduled.

If you're weighing a move to Summerlin, or trying to figure out whether any of this actually changes your timeline, let's talk through your specific situation instead of guessing from headlines. Please give me a call at your convenience to discuss at 310-927-5427 .

Researched and drafted with AI assistance. Reviewed, verified, improved and polished by Desiree Lapin.

ABOUT DESIREE LAPIN

Desiree Lapin is a Certified Relocation Professional (CRP) with Century 21 Consolidated and Sotheby's International Realty, specializing in California-to-Las Vegas relocations. With 36 years of real estate experience and licensing in both Nevada and California markets, Desiree is poised to help homeowners in Southern California navigate the move to Las Vegas with local expertise in both markets.

If you're considering a move from California to Las Vegas, give her a call at 310-927-5427

SOURCES

• Las Vegas Review-Journal — "Wahlberg says it's not if, but when a Las Vegas film and TV studio is built" (Nov. 2025)

• Nevada Current — "By thin margin, Assembly passes bill to provide $1.4b in tax breaks for Summerlin movie studio" (May 2025)

• KLAS 8 News Now — "Las Vegas movie studio bill dies in Nevada Senate" (Nov. 2025)

• 8 News Now — "2 Las Vegas movie studio projects still alive; developers explain advantages of each"

• Fox Business — "Mark Wahlberg's former LA home listed for $21.8M three years after star moved to Las Vegas" (Sept. 2025)

• https://picturethisnv.com/) - Photo