{"id":404056,"date":"2026-09-18T23:22:10","date_gmt":"2026-09-18T23:22:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/404056\/"},"modified":"2026-09-18T23:22:10","modified_gmt":"2026-09-18T23:22:10","slug":"digital-media-firm-pivots-to-ai-abandons-160m-fort-lauderdale-studio-project","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/404056\/","title":{"rendered":"Digital Media Firm Pivots To AI, Abandons $160M Fort Lauderdale Studio Project"},"content":{"rendered":"<p>Artificial intelligence and digital media company Napster, formerly called Infinite Reality, ditched its efforts to occupy a headquarters and movie studio campus that has been in the pipeline for four years.<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/09\/filters:quality(80).png\" width=\"768\" height=\"523\" loading=\"lazy\" alt=\"1400 NW 31st Ave. Fort Lauderdale Infinite Reality\" class=\"object-cover w-full\" decoding=\"async\"\/><\/p>\n<p>A rendering of Infinite Reality&#8217;s headquarters project in Fort Lauderdale<\/p>\n<p>The project, planned on the 61-acre site of a long-abandoned incinerator, has fallen back into the hands of its original developer, the Fort Lauderdale Studio Initiative LLC, <a href=\"https:\/\/www.bizjournals.com\/southflorida\/news\/2026\/09\/16\/fort-lauderdale-movie-studio-project-napster.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">the South Florida Business Journal reported<\/a>.<\/p>\n<p>Infinite dropped out of the project in December 2025, six months after the <a href=\"https:\/\/musically.com\/2025\/05\/16\/infinite-reality-rebrands-as-napster-corporation-with-new-ai-tools\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">company&#8217;s rebrand<\/a> following the <a href=\"https:\/\/www.napster.com\/news\/infinite-reality-acquires-iconic-music-service-napster\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">purchase of the once-notorious independent music service<\/a> Napster for $207M.<\/p>\n<p>Napster didn&#8217;t respond to a request for comment.<\/p>\n<p>The Fort Lauderdale City Commission has agreed to push the project&#8217;s deadline to the end of next year and provided options to extend if construction progresses, a city spokesperson told the SFBJ.<\/p>\n<p>The site at 1400 NW 31st Ave. was <a href=\"https:\/\/cumulis.epa.gov\/supercpad\/cursites\/csitinfo.cfm?id=0401078\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">home to the Wingate Road incinerator<\/a> between the 1950s and 1970s before it was designated as a Superfund site in 1989 due to environmental contamination.<\/p>\n<p>Fort Lauderdale Studio Initiative LLC, led by developer Michael Ullian, <a href=\"https:\/\/spotlightftl.com\/movie-studio-initiative\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">submitted an unsolicited offer<\/a> to the city in April 2022 to develop, construct, operate and maintain a full-service movie studio complex.<\/p>\n<p>The developer landed approval for the project in September that year with a <a href=\"https:\/\/commercialobserver.com\/2022\/09\/fort-lauderdale-approves-164m-film-studio-with-1-per-year-land-lease\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">$164M budget<\/a>, a construction start planned for 2024, and an agreement to lease the land from the city for $1 in annual rent for 50 years.<\/p>\n<p>But by 2024, no movement on the project had taken place. Infinite partnered with Fort Lauderdale Studio Initiative that year, planning a full-service movie, television and streaming production studio and a film school, <a href=\"https:\/\/www.miamiherald.com\/news\/local\/community\/broward\/article287986530.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">the Miami Herald reported<\/a>.<\/p>\n<p>The South Florida-based company tapped <a href=\"https:\/\/www.bisnow.com\/tags\/sterling-bay\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Sterling Bay<\/a> in April 2025 <a href=\"https:\/\/www.bisnow.com\/news\/south-florida\/mixed-use\/nfinite-reality-to-launch-hq-and-tech-campus-in-fort-lauderdale-scraps-original-film-studio-plan-129083\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">to co-develop the campus<\/a>, evolving the plans for more than 100K SF of office space and to create more than 1,000 jobs at an average six-figure salary.<\/p>\n<p>Now, Napster claims the development is no longer in line with its priorities, the SFBJ reported.<\/p>\n<p>Plans still call for four large soundstages, production offices, a green room, a talent hold area and retail space, the SFBJ reported.<\/p>\n<p>It is unclear if there is a new tenant lined up to take the space.<\/p>\n","protected":false},"excerpt":{"rendered":"Artificial intelligence and digital media company Napster, formerly called Infinite Reality, ditched its efforts to occupy a headquarters&hellip;\n","protected":false},"author":2,"featured_media":404057,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[249,251,250,160668,160669],"class_list":["post-404056","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-lauderdale","tag-fort-lauderdale","tag-fort-lauderdale-headlines","tag-fort-lauderdale-news","tag-infinite-reality","tag-sterling-bay"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/404056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=404056"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/404056\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/404057"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=404056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=404056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=404056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}