They set out to launch a new sci-fi TV station. Now some New Haven investors have landed on larger terrain: a planned 78-acre digital media planet.

The investors have won a federal auction to purchase the waterfront land where the Stratford Army Engine Plant was closed 12 years ago.

The group—a limited liability corporation called “Hollywood East/Area 51”—is paying $9.612 million to buy the property next to Sikorsky Memorial Airport. After an environmental clean-up, “the largest independent digital motion picture studio complex in North America” will rise there, declared Allen Christopher (pictured), the moving force behind the project.

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