Shot on location in Pinellas County, Florida, Nassau, and Chicago, Illinois. Film had an estimated budget of $18 million.
Gwen Verdon served as the special music and dance coordinator on the film.
Ron Howard replaced Robert Zemekis as director of this project before shooting started. It was Howard's second feature film, following SPLASH in 1984. The film marked the debut of two actors of famous parentage, Tahnee Welch, daughter of actress/model Raquel Welch, and Tyrone Power Jr., son of leading actor Tyrone Power.
Feature film debut for producer Lili Fini Zanuck.
In 1988, Daniel Petrie directed a sequel to this film entitled COCOON: THE RETURN.
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