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Photo by Sarah Schoeneman sunset glenoaks studios

The timing almost could not have worked out better. Other recently announced studio projects include a $650-million plan to build 17 soundstages on a site now occupied by the Los Angeles Times printing plant on Olympic Boulevard in an industrial neighborhood in downtown Los Angeles. (16) Skyway Landing was sold on February 6, 2023. in the Sun Valley neighborhood near Burbank. "Unique to Glen Oaks Big Sur, you have access to acres of prime hiking trails, the Big Sur River, and redwood groves". The Los Angeles-based commercial landlord reported $240.5 million in revenue in the fourth quarter of last year, a slight increase compared to the previous quarter. a leading real estate investment trust based in Los Angeles and owner/operator of Sunset Studios. HPP and Blackstone expect to finish Sunset Glenoaks Studios in the third quarter of 2023, according to the announcement. Hospdate en esta casa de vacaciones en Norte de Hollywood. 3.We own 20% of the ownership interests in the unconsolidated joint venture that owns Burrard Exchange. Burbank Village Apartments 12244 Burbank Blvd is an apartment building with 2 floorplans, and studio-1 bedroom units available. A rendering shows a planned movie studio, Sunset Glenoaks Studios, in the Sun Valley neighborhood of Los Angeles. It will cover 240,000 square feet on over 10 acres with seven sound stages. In 1922, Harry Cohn of Cohn-Brandt-Cohn (CBC) Film Sales Corporation rented 6070 Sunset Blvd in Poverty Row. The 240,000-square-foot Sunset Glenoaks Studios is slated to include seven soundstages, offices, and other support space on 10 acres at 11070 W. Peoria Street, according to Commercial Observer. Established in 1912, it continues today as Hollywood's largest independent studio[1] and an active facility for television and film production on its twelve soundstages. What Now Media Group 2023. This investment reflects both our high conviction in content creation, a space that is benefitting from strong, secular tailwinds, and our long-term commitment to the Los Angeles market. Sunset Glenoaks is being planned by Hudson Pacific and its partner Blackstone. Manage Settings It will have seven soundstages, offices and other production facilities on 10 acres. It will be the fourth such property managed by the two firms, and bring their total to 42 sound stages. Plans also call for 120,000 square feet of accompanying stage support space, offices with views of the surrounding hillside, a mill, and parking for up to 450 vehicles. The project includes seven sound stages totaling 136,000 s.f, four production office buildings totaling 91,000 s.f. Home / Los Angeles, CA / 1267 St Ives Pl. They also claimed that the facility conflicted with the zoning, and that the site should remain open space. The Registry-November 2, 2021 0. Sunset Glenoaks will comprise approximately 240,000 square feet on over 10 acre s, making it the first large-scale, purpose-built studio development in Los Angeles in decades. A rendering shows a planned movie studio, Sunset Glenoaks Studios, in the Sun Valley neighborhood of Los Angeles. Hudson Pacific Properties and Blackstone are planning a ground-up studio facility in Sun Valley. If Sunset Glenoaks is completed, the JVs Sunset Studios brand would total 42 soundstages and 3.5 million square feet of space, according to the report. and a 30,000 s.f. The . The film-and-TV ready stages will range from 15,000 to 21,000 square feet, all with 35 to 40-foot clear heights. Community pool and tennis courts. Studio. The operator of Sunset Studios, Hudson Pacific Properties, has acquired Quixote Studios for $360 million, significantly expanding its footprint in the . New kitchen with granite counter tops, Stainless steel appliances. The primary bedroom is filled with natural light and hosts its . Hudson Pacific Properties and Blackstone Group are planing a nearly $200 million production studio complex in Sun Valley, which would be the second such development in their joint venture. Preconstruction and construction services for a new studio campus on 10 acres. Variety is a part of Penske Media Corporation. Rather, Sunset Glenoaks Studios will go up in Sun Valley neighborhood north of North Hollywood in the San Fernando Valley. The Poverty Row area of Hollywood, bounded by Sunset Boulevard on the North, Gower Street on the West, and Beachwood Drive on the East, was a collection of small warehouses and offices where independent film makers gathered to buy "short ends" of film from the major studios, in order to create their "great American dreams". Hudson Pacific owns Quixote, a leading provider of production services including sound stages, production supplies and transportation vehicles. We and our partners use cookies to Store and/or access information on a device. It's All About You, Here. Future location of Sunset Glenoaks Studios, the $1.25-billion Television City 2050 plan, a $650-million complex proposed for the L.A. Times Printing Plant site in Downtown. The 240,000-square-foot state-of-the-art facility will include seven sound stages, production office and support space. With many projects in the planning process, the company is also wrapping construction on One Westside, a 584,000 square-foot creative office project in Los Angeles. Hudson said the development will offer content creators a unique production environment as the first large-scale facility built in the city in more than 20 years. But HPP and Blackstone could have more competition in a few years. Advertisement. Last week, Hudson Pacific Properties and Blackstone announced plans for Sunset Glenoaks Studios, a project which would rise from a currently vacant 10-acre site at 11100-11220 W. Peoria Street. The Sunset Studios branding follows the branding of three other large production facilities they own Sunset Gower Studios, Sunset Bronson Studios, and Sunset Las Palmas. Tendrs a tu disposicin albercas privadas, wifi y estacionamiento. storage and mill shop for set and prop construction. 2021 Sunset Glenoaks Studios. 2 Bd, 1 Ba 1 Half Ba. On Thursday, the new owners of the project a partnership of Hudson Pacific Properties and Blackstone announced they intend to invest $170-190 million to build the facility over the next two years. In August 2007, Sunset Gower Studios was bought by Hudson Capital. The pair will develop Sunset Glenoaks Studios, which forms part of three existing Sunset studios in Hollywood also jointly owned by Hudson Pacific and funds managed by Blackstone. But Sunset Glenoaks already has administrative approval, and the neighbors legal challenge has been defeated. Next. Sarah Butler. The Technicolor building opened its doors in 2008. ACCESSIBILITY AUDIT; Guard gated community. and a 30,000 s.f. In August of last year, just after the firms announced Sunset Glenoaks, the companies scored $1.1 billion in refinancing for the entire studio portfolio from Bank of America, Wells Fargo and Societe Generale. In November 2004, Sunset Gower Studios was purchased by GI Partners for an estimated $105 million, and in 2006 began construction on a six-story building for Technicolor SA. With about 240,000 square feet across more than 10 acres, the new . Have a question for 1267 St Ives Pl? The $150 million will be doled out by the California Film Commission on a first-come, first-served basis. With Hudson Pacific, Blackstone is developing the $190 million, 240,000-square-foot Sunset Glenoaks Studios in Sun Valley. Hollywood's Sunset Studios, which produced La La Land, Zoolander and the first in the X-Men franchise, has become the latest US movie production house to adopt the leafy . RBC Capital Markets backs project in San Fernando Valley, Blackstone Group's Jonathan Gray, Hudson Pacific Properties's Victor J. Coleman and Sunset Studio Glenoaks (Blackstone Group, Hudson Pacific Properties, LinkedIn, iStock). About 22281 Tupelo Pl. It has building amenities including onsite management, fitness center, on site laundry, garage parking, roof deck, and outdoor space. In 2014, the City of Los Angeles signed off on a proposal to redevelop a former gravel pit in the Northeast San Fernando Valley with a movie studio. In 2021 the two announced plans to invest $170 million to $190 million to develop a 240,000-sq.-ft. production studio on the edge of LA, Sunset Glenoaks Studios. Square footage may change over time due to re-measurement or re-leasing. Large living room. Though the project was approved by the Los Angeles City Council in 2015, it appears that productions that shoot at Sunset Glenoaks will qualify to claim the incentive. Roger Vincent covers commercial real estate for the Los Angeles Times. It will be the fourth such property managed by the two firms, and bring their total to 42 sound stages. The project, spread across four hectares, is estimated to cost $170m to $190m, and is expected to be completed in the third quarter of 2023. Construction is expected to be completed in the third quarter of 2023 at a cost of $170-$190 million. It will feature seven soundstages on a 10-acre parcel at 11070 W. Peoria . Gorgeous unobstructed views of Sarasota Bay and City lights. 2 Beds. Last week, Hudson Pacific Properties and Blackstone announced plans for Sunset Glenoaks Studios, a project which would rise from a currently vacant 10-acre site at 11100-11220 W. Peoria Street. Line 204, a company that owns soundstages in Pacoima and Hollywood, first proposed building the studio in 2014 on the site near the corner of Glenoaks Boulevard and Peoria Street in Sun Valley. Harry Cohn died in 1958 at the age of 66. The operator of Sunset Studios, Hudson Pacific Properties, has acquired Quixote Studios for $360 million, significantly expanding its footprint in the soundstage business. Upon the completion of Sunset Glenoaks Studios in Sun Valley, California, Blackstone and HPP will collectively own and operate under its Sunset Studios platform 42 stages or 3.5 million square feet, including development rights, of Los Angeles area studio . Without the guidance of the Cohn Brothers, Columbia Pictures Corporation was not the profit-making company it once was. Hudson Pacific's Sunset Studios has revolutionized the studio for those revolutionizing content. Sunset Glenoaks Studios, which will represent a total investment of approximately $170-190 million, is expected to be completed in the third quarter of 2023. First large-scale, purpose-built studio development in Los Angeles in over 20 years State-of-the-art 240,000-square-foot project to include 7 stages, production office and support space Property to. RBC Capital Markets provided the loan in December to a limited liability company linked to Hudson Pacific, records show. Last week, Gov. We are leveraging our development and studio operations expertise to further expand Sunset Studios facilities here in Los Angeles, where demand from leading content creators for top-notch, fully integrated sound stages and support space continues to significantly outpace supply.. We are leveraging our development and studio operations expertise to further expand Sunset Studios facilities here in Los Angeles, where demand from leading content creators for top-notch, fully integrated sound stages and support space continues to significantly outpace supply., Future location of Sunset Glenoaks StudiosGoogle Maps. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'whatnowlosangeles_com-medrectangle-3','ezslot_0',133,'0','0'])};__ez_fad_position('div-gpt-ad-whatnowlosangeles_com-medrectangle-3-0'); The total development cost for Sunset Glenoaks Studios is expected to be between $170 million and $190 million, according to the recent announcement. What Now Los Angeles is assembling LA's leading organizations in the restaurant, retail and real estate industries to help you take your business to the next level. By purchasing and renovating existing studios as well as building new facilities from the ground up, Hudson Pacific has established Sunset Studios as one of the leading operators of premier, independent, purpose-built studios and related production services in Los Angeles and the UK. Sunset Glenoaks Studios will be top notch, featuring seven film- and TV-ready sound stages that will range from 15,000 to 21,000 square feet, nearly 120,000 square feet of highly efficient, stage . Hudson Pacific Properties reported in its fourth-quarter results last week that it secured a $94 million construction loan for a portion of the Sunset Glenoaks studio development with Blackstone.. Preconstruction and construction services for a new studio campus on 10 acres. For more information, please see ourprivacy policy. HPP owns roughly 20 percent of all leasable soundstage space in Los Angeles County, making it one of the largest studio investors in L.A. along with Hackman Capital Partners. The surge in video-on-demand streaming provoked an insatiable appetite for media-oriented real estate such as studios and offices, according to real estate brokerage CBRE. Hudson Pacific, which entered into its partnership with Blackstone in 2020, owns 42 soundstages and 3.5 million square feet of existing or proposed real estate under its Sunset Studios portfolio, including the existing Sunset Bronson, Sunset Gower, and Sunset Las Palmas properties. Updated kitchen cabinets, ss appliances, granite countertops, built in micro wave, some new light fixtures. In Sun Valley, partners Hudson Pacific Properties Inc. and Blackstone secured a $94 million loan to build Sunset Glenoaks Studio, which will see seven soundstages cover 241,000 square feet .

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