Eddie Murphy's 'Beverly Hills Cop 4' receives $13.5 million rebate from Michigan

LANSING, Mich., June 27 (UPI) -- Beverly Hills Cop IV will return the franchise to Michigan.

The upcoming sequel has been granted a $13.5 million incentive from the state based on a projected $56 million of in-state expenditures. The film will shoot in Detroit and surrounding areas, and is expected to create over 300 jobs for Michigan residents.

The original Beverly Hills Cop debuted in 1984, and featured Eddie Murphy as Detective Axel Foley. Foley lives and works in Detroit, but heads to Beverly Hills, California to solve his best friend's murder. The movie inspired two other sequels, Beverly Hills Cop II (1987) and Beverly Hills Cop III (1994). The fourth installment will see Foley return to Detroit "during the coldest winter on record to navigate the new rules and old enemies in one of America's most tenacious cities."

"We are excited to welcome Axel Foley and the Beverly Hills Cop franchise back to Michigan," Michigan Film Office director Margaret O'Riley said in a statement. "This project will highlight locations throughout metro Detroit that speak to the city's heritage while making significant investments in the community by hiring Michigan workers and local businesses."

Beverly Hills Cop IV will be directed by Brett Ratner (Rush Hour, X-Men: The Last Stand) and produced by Jerry Bruckheimer (Pirates of the Caribbean). The movie is tentatively scheduled for a March 2016 release.