Monday, April 14, 2014 | 4:22 p.m.
A production company shooting a movie in Las Vegas starring Dakota Fanning has received $297,000 in state tax credits.
The company, LPF One DTIG LLC, will be filming in Southern Nevada until early May and already has shot at a downtown club, at Mount Charleston and today was at Floyd Lamb State Park.
The transferable tax credit was granted today by the Governor’s Office of Economic Development to the company, which is affiliated with the DTP (Downtown Project) Investment Fund.
The credits are intended to draw movie and other productions to Nevada.
The still-untitled movie, which Producer Chris Ramirez said has a budget of $2.3 million, will employ 235 Nevada residents.
Most of the Nevada employees are so-called below-the-line personnel — crew members such as make-up artists, sound engineers and assistant directors. Above-the-line personnel include actors, the director, producers and writers.
Ramirez said below-the-line employees earn an average wage of $23.22 per hour.
The feature film is a joint production of Lola Pictures and Verisimilitude and is funded by Lola Pictures/Downtown Films.
The movie is being directed by Gerardo Naranjo and includes producers Alex Orlovsky and Hunter Gray.
Orlovsky, who is based in New York, said the tax credits helped lure the production to Nevada, which offered varied locations, from the mountains to the urban look of downtown Las Vegas.
The creation of post-production facilities would go a long way toward drawing more productions to the state, he said.
“So many of us would like to see a sizable studio,” Ramirez said, adding that a more generous incentive would make Nevada more competitive with other states.
Joe Schoenmann doesn’t just cover downtown; he lives and works there. Schoenmann is Greenspun Media Group’s embedded downtown journalist, working from an office in the Emergency Arts building.