The building, located in the Greenville section of the city, had earlier been a 'last mile' warehouse-distribution center.
[1] It is east of Garfield Avenue and west of the Hudson County Extension of the New Jersey Turnpike at the southern end of the Canal Crossing redevelopment area.
[2] In September 2019 the Criterion Group announced would convert the warehouse complex into the what would be state's largest film studio named Caven Point Studio.
[3][4][5] In 2020, Criterion Group partnered with One Stop Properties to purchase two nearby warehouse properties to create three soundstages and an offsite “support space”[6] called "Fold and Hold".
[7] The project received tax credits and other incentives offered by the state through the New Jersey Economic Development Authority and the New Jersey Motion Picture and Television Commission[8] The complex opened in August 2021.