CBS will premiere “There Goes the Neighborhood,” a new reality competition series, on Aug. 9.

The eight-episode series pits eight neighboring families, who are enclosed by a 20-foot wall, against each other in family-friendly games for the chance to win $250,000. Without electricity, the families will be forced to compete for upgrades to their homes as they reconnect and bond.

Matt Rogers serves as host of the series, which is produced by Next Entertainment and Jay Bienstock Productions in association with Warner Horizon Television.

“This show is truly a social experiment," said executive producer Mike Fleiss. "We’ve never seen anything like it before. An entire neighborhood trapped behind a giant wall. It’s insane!"

–Vlada Gelman