In bolstering its production capabilities for global brands like Nickelodeon and MTV, Viacom is set to open an 88,000-square-foot studio in Miami, which will be named Viacom International Studios.

Serving as a multiplatform production hub, the studio was built by the Miami Omni Community Redevelopment Agency as a public-private partnership with EUE/Screen Gems Studios. The two-stage facility will create global-focused original content that includes daily scripted series, music specials and game shows, as well as short-form content for mobile, digital and on-air.

Currently, VIMN Americas, which is headquartered in Miami, has churned out a string of live-action productions from Miami, including the Nickelodeon multi-lingual series Every Witch Way, now in its fourth season, and its new spinoff series WITS Academy, as well as Talia in the Kitchen, (pictured) which debuted in July.

VIMN Americas, which welcomed veteran exec Pierluigi Gazzolo as president last November, is responsible for driving Viacom’s businesses across Latin America and Canada, and within the past five years, the division has increased its production output in Miami three fold.

Earlier this year, the media conglomerate initiated cost-saving efforts within its domestic network businesses, which resulted in a wave of layoffs within Nickelodeon’s preschool and animation divisions. In April, Viacom CEO and president Philippe Dauman announced that the company’s strategic realignment is largely complete, and that he expects to see annual net savings of US$350 million, with US$175 million in savings expected for 2015.