Hobbit director Peter Jackson is making Hobbit part 3. .This can be good and bad in way. This means that the sets will have to be really stretched out, which can be good or bad depending on how you look at it. Also, it says here, that To celebrate the release of The Hobbit, Part 1 will be followed by additional kits that address the individual episodes of the film. Confirming sets based on there and back again and the third one.