Pinewood Studios has won planning permission from Buckinghamshire Council for its plans for a 1.4m sq ft expansion.
The studio is to build 21 new purpose-built sound stages, a backlot filming space and education and training hub.
Once the development is complete, Pinewood Studios will be the biggest studio complex in the world, with a total of 51 purpose-built stages.
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Pinewood said the expansion would create over 8,000 new jobs and inject £640 million a year into the UK economy, and that it would directly address the continued growth in demand for production accommodation in the UK.
The consent will also see Pinewood deliver a 63-acre nature reserve at Alderbourne Farm north of the existing studio site.
Pinewood Group Corporate Affairs Director Andrew M Smith OBE DL said: “We’re delighted Buckinghamshire Council has approved our plans for the expansion of Pinewood Studios and new nature reserve at Alderbourne Farm. This development will provide invaluable resources to the British film and TV sector, consolidate Pinewood’s status as the UK’s
leading production site, deliver significant benefits to our local community and encourage new talent to join the industry.”