Kevin Costner Makes Plans to Build Film Studio in Utah After Finalizing Divorce

Kevin Costner filmed his upcoming 'Horizon: An American Saga' movies, set to release in June and August, respectively, in Utah

Kevin Costner is getting to work after finalizing his divorce from his ex-wife Christine.

Multiple outlets have reported that Costner, 69, is building a brand-new film studio in St. George, Utah, named Territory Film Studios, roughly 30 minutes outside Utah's Zion National Park. The city's mayor Michele Randall announced the plans in a recent State of the City address she delivered last Tuesday, as The Salt Lake Tribune reported. Randall told Fox Business that the studio plans to "break ground in the spring or summer," depending on the speed of permit processes for the new complex.

Territory Film Studios plans to build 152,750 square feet of studio space at an industrial complex near the city's airport, including a "Costner-themed" restaurant that will also offer catering services, as the Tribune reported.

Costner filmed his two upcoming movies for his long-awaited series Horizon: An American Saga in Utah, as the Tribune reported back in October. The first entry in the series is expected to release in theaters June 28, with the sequel expected to release just under two months later in August. The actor grew interested in building a film studio in the area after he found it difficult to find a warehouse to shoot scenes in, the outlet reported.

Joyce Kelly, a sales and event manager with Utah's Greater Zion Tourism Office, told Fox Business that Costner "has truly fallen in love with this state" while filming Horizon, leading to his plans for the new film studio.

Related: A Complete Timeline of Kevin Costner and Christine Baumgartner's Divorce

She also told the outlet that Costner plans to return to St. George to film Horizon's third and fourth installments. The actor and filmmaker has previously said he has been working on the series in various forms since 1988.

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News of Costner's new business venture in Utah comes as he and his ex-wife Christine officially finalized their divorce, per court documents obtained by PEOPLE. The former couple married in 2004, and Christine initially filed for divorce on May 1, 2023. Their marriage was officially terminated on Friday, February 16 after lawyers for Christine, 49, filed court documents requesting that a Santa Barbara, Calif., court excuse both parties from completing a mandated co-parenting course.

Related: Kevin Costner's Next Movie: Everything to Know About Horizon: An American Saga

The Yellowstone actor and his ex-wife have already agreed to retain joint custody of their three children and otherwise settled their divorce back in September. Costner and Christine share three children: sons Cayden, 16, and Hayes, 15, plus daughter Grace, 13.

A rep for Kevin told PEOPLE in a statement back in September that the couple "have come to an amicable and mutually agreed upon resolution of all issues pertaining to their divorce proceedings," after TMZ initially reported news of their settlement.

Costner's Horizon movies and burgeoning film studio in Utah are not the only projects on his to-do list. The actor is set to star in and produce an untitled upcoming feature film with director Ariel Vromen, based on a script that Costner owns the rights to, as Deadline reported on Feb. 6. Vromen, who worked with Costner as recently as in 2016's Criminal, described the upcoming movie as Costner's "incredible longtime passion project" in an Instagram post he shared at that time.

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