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While the Santa Clarita lot is a somewhat smaller property, the one-stop review request includes more development than the Atlanta lot, with more than 1 million square feet of commercial space planned. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. Santa Clarita received an application for a mixed-use, residential development to be located on the 40-acre Saugus property in October 2021, according to city senior planner Hai Nguyen, who said Wednesday that project was still in the initial study phase. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. Shadowboxs existing footprint consists of: Los Angeles Metro Area: Shadowbox is currently developing a 19 soundstage, approximately 1.3 million square foot purpose-built studio campus in Santa Clarita. This one thats in front of us now is getting pretty far along, Crawford said. The Hollywood Reporter is a part of Penske Media Corporation. London Metro Area: Shadowbox recently completed the initial 150,000 square foot phase of its nearly one million square foot Shinfield Studios project in the United Kingdom, which is fully leased to one of the worlds largest content creators. The company is also developing an additional 1.2 million square foot space including 22 new soundstages. The company formerly known as Blackhall Studios announced a new name and a new investor on Tuesday, as it pursues an ambitious construction agenda in Georgia, Los Angeles and the United. Santa Clarita city planners recently received an application for a one-stop review for a movie studio complex in Placerita Canyon, city officials confirmed Monday. Millsap sold the nine-soundstage Blackhall Studios campus in Atlanta, one of the state's largest film and television production facilities, to Los Angeles private equity firm Commonwealth Asset. Millsap has been a big part of that growth, launching Blackhall Studios in 2007. Ginger.Li@silverlake.com, Allison McLarty Upon completion of the expansion, Shadowbox will own 68 soundstages and over 4.2 million square feet of leasable area, making it one of the largest operators of studio space in the country. Blackhall Studios - Santa Clarita Santa Clarita: Up to 20: 500,000: Purpose-built facility on a 50-acre parcel. Shadowbox is currently building a 1.3 million square foot studio campus in Santa Clarita. We chose Shadowbox to represent the company going forward as a symbol of both the physical and imagined spaces supported by our platform, added Peter Rumbold, Commonwealths Head of Real Estate and director of Shadowbox. College of the Canyons will hold Discover Day, an event that will give new and potential students the opportunity to explore program offerings and opportunities, on Saturday, March 18, from 9 a.m. to 1 p.m. The new studio comes through an agreement with the nearby University of Reading, and will be built at Thames Valley Science Park. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. June 18, 2020 6:14pm. No formal application has been submitted, as the one-stop review is a preliminary move. The first day of competition at the National Association of Intercollegiate Athletics Indoor National Championships on Thursday, March 2 in Brookings, S.D. Blackhall . Blackhall Studios - Application received May 2021 - Proposed for an approximate 1.34M square foot television and movie studio campus - 487,000 sf of sound stages - 579,000 sf of supportive warehouses - 235,000 sf of office uses - 40,000 sf of catering and other specialty uses - Includes improvements to 13 th Street, Arch Street, and 12 th Street 18756 Mandan St APT 1512, Santa Clarita, CA 91351. Commonwealth Asset Management remains the majority shareholder. Celebrate Mardi Gras at the Old Town Farmers Market Saturday, March 4 from 8:30 a.m. to 1 p.m. With a track record of successful community development in the Santa Clarita Valley, New Urban West, has announced its new agreement with the property owner of Whittaker-Bermite to plan and develop the site into a new, mixed-use village at the center of the City. The event also resulted in support . Additional legal work was done by Farrer & Co. and King & Spalding. Immediately south of its existing Atlanta studio, the Platform is developing a 1.2MM square foot expansion on a 155-acre parcel. The investment includes a capital commitment of $500 million that will support Shadowboxs growth strategy, including existing soundstage development projects in the Atlanta, London, and Los Angeles metro areas with over $1.5 billion of expected capital investment. The Santa Clarita Valley in total has more than 30 sound stages and 10 movie ranches, according to the citys Film Office figures from December. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. Valencia >> In a real estate deal that stressed location, location, location, an investor group has bought the Santa Clarita Valley production studio where CBS drama "NCIS" shoots for $19.3 . The initial phase of the studio comprises approximately 150,000 square feet and is operational and fully leased, with the remainder of the nearly 1MM square foot project currently under construction. The plans include a corporate rebranding. Charlotte Jerbic The Los Angeles County Sheriff Civilian Oversight Commission has approved the Special Counsels Report on Los Angeles Sheriff's Department Deputy Gangs and adopted all 27 recommendations. While there have been plans for the site discussed in the past, it was purchased by Millsap within the last two months, according to city planners. Millsap announced expansion plans in the U.K. and in Santa Clarita, just north of Los Angeles, before selling the company in 2021 for $120 million. Jan 11, 2022, 3:14 PM. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder, for the investment. The Bonelli family owns Rodeo Land Co. Netflix . Find your next apartment in Santa Clarita CA on Zillow. Shadowbox Studios, Formerly Blackhall Studios, Announces $500 Million Strategic Investment From Silver Lake to Support Over $1.5 Billion Premium Soundstage Platform and Unveils Corporate. Last modified on Wed 19 Feb 2020 02.34 EST. Pictured is the current Blackhall Studios complex. . We chose Shadowbox to represent the company going forward as a symbol of both the physical and imagined spaces supported by our platform, added Peter Rumbold, Commonwealths Head of Real Estate and Director of Shadowbox. Other ancillary and specialty use buildings, including a catering building, gym building, and mechanical building with a substation, are located to the east and southeast of the main entrance at the intersection of Arch Street and 13th Street. Shadowbox is currently in the environmental impact review phase for its full-service film and television studio campus near the northeast corner of 13th and Arch streets in Newhall. Lee Wittlinger, a managing director of Silver Lake, and Chip Schroeder, a Silver Lake director, will join the Shadowbox board. The office buildings discussed would add about 200,000 square feet, and supporting warehouse buildings would include about a half-million square feet. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. "LA North Studios has unrivaled sound stages, studio and office space within the Los Angeles thirty-mile zone, that makes it the perfect location for the success of any television production. Shadowbox Studios Mike Marshall Agency Name City of Santa Clarita Job Title Associate Planner Contact Types Lead/Public Agency Address 23920 Valencia Boulevard Suite 302 Santa Clarita, CA 91355 Phone (661) 286-4045 Email mmarshall@santa-clarita.com Location Coordinates 2423'14"N 11831'51"W Cities Santa Clarita Counties Los Angeles Regions Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. Television City TVC 2050 West Hollywood +8: TBD: Owner Hackman Capital plans to ad up to 1.3M SF of total space and add 8 stages to existing 7 as part of est. Santa Clarita Studios' new $5 million redesign and expansion of our backlot streets includes over 600 feet of facades, multiple streets and angles, several buildings with interiors, and an alley. Production resumed gradually in the state where by April 2021 on-location filming in Los Angeles returned to 60% of normal levels. The investment from private equity firm Silver Lake will also go toward expanding the studios footprint in London and Los Angeles. The Swap Meets office is closed on Wednesday, per a number listed online for the market. Blackhall Studios founder Ryan Millsap announced Wednesday morning he's sold the studio to a California based private equity firm. Atlanta-based Blackhall Studios has unveiled plans to build a major studio complex for film and television productions in Reading in the UK. The companys new investor is Silver Lake, the global private equity firm, which has agreed to put $500 million toward a $1.5 billion capital investment plan. Read Also: Chris Larson Wiki, Biography, Age, Net Worth, Family, Instagram, Twitter, Social Profiles & More Facts Douglas James Hawkins Net Worth. Hi5 Studios is a YouTube in-house multi-channel network garnering over 101 million views monthly, creating great shows that build loyal audiences. CWAM's investment philosophy is to pursue investments that capitalize on our unique capabilities and core values. Mill space, wardrobe, set decoration/props and storage space total over 165,000 square feet on the Main Campus and nearly 400,000 square feet on East Campus. The company now operates 13 soundstages nine in Atlanta and another four in Shinfield, west of London. Santa Clarita in Los Angeles county has reported a blockbuster year of filming in the city in 2021, following Covid disruptions in 2020. Santa Clarita received an application for a mixed-use, residential development to be located on the 40-acre Saugus property in October 2021, according to city senior planner Hai Nguyen, who. From the companys roots as a single site operator, we have worked with local communities in the Atlanta, London, and Los Angeles areas to develop more spaces where content creators can express themselves while also providing hundreds of jobs to local markets, said Adam Fisher, Founder and CEO of Commonwealth Asset Management and a Director of Shadowbox. It was founded in 2012 and is stationed in Santa Clarita, California. All Rights Reserved. 2023 State of California, Initial Study-Blackhall Studios_032822_FINAL. In addition, the firm maintains substantial coinvestment relationships with highnetworth family offices and large institutions that provide a rapidly scalable base of investable capital. There is a long runway for the growth of the overall industry, and we are thrilled to partner with Shadowbox to expand the companys service offerings and deliver premium soundstage facilities in the top global production markets.. Motion Picture & Television Studios; Blackhall Studios. Diamond Baseball Holdings Announces Partnership with Silver Lake, Cegid Enters Into a Definitive Agreement to Combine With Grupo Primavera, Silver Lake Enters Into Definitive Agreement to Acquire a Majority Stake in Facile.it from EQT and Oakley Capital to Support Management in the Next Phase of Growth, Making Facile Italys Second Unicorn, New Zealand Rugby (NZR) Members Give Majority Approval for Partnership with Silver Lake at Special General Meeting, Genies Raises $150 Million Series C Led By Silver Lake At A $1 Billion Valuation To Build Avatar Ecosystem Tools For Web3. The facility will exceed two million square feet and feature 31 soundstages upon completion of the expansion. Located in Valencia, California, Santa Clarita Studios is a full-service, independent studio featuring 32 sounds stages ranging from 12,000 to 40,000 sq ft. Our audience rated stages offer attached and fully furnished production office space with large bullpens and suite-style executive offices. Updated: 5:44 PM EDT April 28, 2021. From the companys roots as a single site operator, we have worked with local communities in the Atlanta, London, and Los Angeles areas to develop more spaces where content creators can express themselves while also providing hundreds of jobs to local markets, said Adam Fisher, Founder and CEO of Commonwealth Asset Management and a Director of Shadowbox. Santa Clarita city planners recently received an application for a "one-stop review" for a movie studio complex in . Shadowbox is conveniently located less than 10 miles from Atlanta-Hartsfield Jackson International Airport, with hourly flights to all major cities, and only 20 miles from DeKalb-Peachtree Airport, which accommodates private, luxury jets. Email: hbraly@pooleshaffery.com. On May 10, 2022, PCPOA sent a letter to the City of Santa Clarita in response to the Notice of Preparation of Draft Environmental Impact Report and Initial Study for the Proposed Blackhall Studios Project. Ryan Millsap, Blackhall Studios ' founder and CEO, announced the sale to. Sign up for THR news straight to your inbox every day. 2023 Media Business Insight. Were pleased to offer some of the worlds top creative talent the space to bring characters and stories to life in premier soundstages backed by best-in-class production services.. TRD Staff. Blackhall says the developments will create "up to 3,000 new . 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There is a long runway for the growth of the overall industry, and we are thrilled to partner with Shadowbox to expand the companys service offerings and deliver premium soundstage facilities in the top global production markets.. We'll be glad to show you how our systems can streamline your data, campus security and inventory management operations. 2023 Variety Media, LLC. To better align with its next phase of growth, the company has adopted new branding that embodies the values and creative vision driving the company. Santa Clarita Valley International Charter School, the Founding School for iLEAD, a public charter school network that makes available innovative learning options for children in grades TK through 12, is recruiting new students for the 2023-24 school year through lottery applications. The facility in Atlanta has hosted productions like "Jumanji: The Next Level," "Jungle Cruise" and '"Godzilla: King of the Monsters," and the company felt a footprint in Los Angeles was . Our partnership with Silver Lake represents a major step forward for our Shadowbox platform, not only by providing significant growth capital for the business, but also by expanding our relationships in the entertainment and technology communities which are integral to Shadowboxs future.. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. Latham & Watkins represented Silver Lake. In 2021 the Santa Clarita Film Office reported over 500 film permits and 1,500 location filming days. Our partnership with Silver Lake represents a major step forward for our Shadowbox platform, not only by providing significant growth capital for the business, but also by expanding our relationships in the entertainment and technology communities which are integral to Shadowboxs future.. 2020 The Santa Clarita Valley Signal. The Los Angeles County Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. The first day of competition at the National Association of Intercollegiate Athletics Indoor National Championships on Thursday, March 2 in Brookings, S.D. 25350 Magic Mountain Parkway, Suite 250 Santa Clarita, CA 91355 . Friends of Placerita Canyon Natural Area report a new beehive has been installed at the Placerita Canyon Nature Center, 19152 Placerita Canyon Road, Newhall, CA, 91321. Upon completion, the campus would have an overall building area of approximately 1,293,000 square feet.

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