Russell Crowe shows off his slimmed-down physique as he announces his new film studio

Russell Crowe proudly announced his new venture on Wednesday.

The 57-year-old was spotted at a press conference in Coffs Harbour as he officially revealed his plans to build a major Hollywood film studio in the area on the NSW’s mid-coast. 

The former Gladiator star showed off his slimmed-down physique on the day, looking smart in a blazer as he greeted press. 

New project: Russell Crowe showed off his slimmed-down physique on Wednesday as he officially announced his plans to build a major film studio in Coffs Harbour

Russell looked dapper in a navy polo shirt and a black suit jacket and a pair of dark jeans.  

He appeared to channel his Master and Commander days, tying his long locks back and off his face into a low ponytail. 

Russell, alongside business partners Peter Montgomery and Keith Rodger, will be building a new film studio called Pacific Bay Resort Studios and Village which will span over 100 acres.

New look: The former Gladiator star showed off his slimmed-down physique on the day, looking smart in a blazer as he greeted press

Smart: Russell looked dapper in a navy polo shirt and a black suit jacket and a pair of dark jeans

Peter, resort owner and operator, said in an official statement that a lot of careful thought and consideration has gone into the design and planning process and gave an idea of what they hope to achieve with the studios. 

‘Our studios will cater for major international feature films as well as local productions, giving them the bonus of resort lifestyle in facilities that are designed to bring employment to the region and work in harmony with Coffs Harbour’s Regional City Action Plan,’ he said. 

At the studios, there will be on-site accommodation for A-list movie stars and their families.  

Incredible: Russell, alongside business partners Peter Montgomery and Keith Rodger, will be building a new film studio called Pacific Bay Resort Studios and Village which will span over 100 acres

Planned out: At the studios, there will be on-site accommodation for A-list movie stars and their families

A source previously told The Daily Telegraph it will be a ‘family friendly film studio’.

In recent months, Australia has been dubbed ‘Hollywood 2.0’ thanks to a number of A-listers moving across the Pacific to work on projects amid the Covid-19 pandemic. 

Filming has just wrapped on Thor: Love and Thunder – starring Natalie Portman, Chris Hemsworth, Christian Bale, Matt Damon and Chris Pratt – at Sydney’s Fox Studios.

Hollywood 2.0: In recent months, Australia has been dubbed ‘Hollywood 2.0’ thanks to a number of A-listers moving across the Pacific to work on projects amid the Covid-19 pandemic

Zac Efron was recently in South Australia filming the Stan Original movie Gold. He has also been travelling around the country shooting Netflix series Down to Earth. 

Other movie stars in Australia include Melissa McCarthy, Isla Fisher, Sacha Baron Cohen and Sam Worthington.

Oscar winner Jennifer Lawrence will soon travel Down Under to film the latest Fantastic Four movie.

Julia Roberts and Sean Penn are also expected to shoot a political thriller in Sydney.

Filmed Down Under: Filming has just wrapped on Thor: Love and Thunder – starring Natalie Portman, Chris Hemsworth, Christian Bale, Matt Damon and Chris Pratt – at Sydney’s Fox Studios. Pictured is Chris on set in Sydney with director Taika Waititi