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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); The California Nurses Association condemned the March 3 announcement by California Department of Public Health that mask and vaccine requirements would be lifted April 1 in the states health care settings, just eight days after California reached the grim toll of 100,000 Covid-19 deaths. Blackhall plans to invest 150m in . 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. . Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. The soundstages, in terms of square footage, is about 610,000 square feet, according to Mike Marshall, associate planner for the city of Santa Clarita. Commonwealth Real Estate LP (CWRE) is the real estate investment arm of Commonwealth Asset Management Holdings LLC (CWAM), a Los Angelesbased investment management platform which collectively manages over $1.7 billion in assets*. 2 ba. Motion Picture & Television Studios; Blackhall Studios. Find your next apartment in Santa Clarita CA on Zillow. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The three core values of Hi5 Studios are excellence (truth, honesty precision, discipline, candor and quality) ingenuity (creativity, imagination, spontaneity, excitement . Last year, the city estimated an economic impact of about $36 million to the local community. Variety is a part of Penske Media Corporation. 23 days on Zillow. A representative from Shadowbox was not immediately available Wednesday. 2 bds. "Santa Clarita has a rich history of film production and location filming, and we are thrilled to see the numbers have rebounded from the pandemic shutdowns, said Santa Clarita mayor, Laurene Weste. Blackhall Studios joined Atlanta's film scene in early 2017, opening in Metro Atlanta with nine sound stages ranging in size from 20,000 to 40,000 square feet, including one that is the tallest in the state (ceiling height of 55 feet). The Shadowbox project in Newhall calls for the 93 acres to include approximately 473,000 square feet of sound stages; approximately 561,500 square feet of workshops, warehouses, and support uses; approximately 221,000 square feet of production and administrative offices; and approximately 37,500 square feet of catering and other specialty services, according to planning documents obtained from the city dated March 29, 2022. Including these, the company will own and operate a portfolio of 68 soundstages and more than 4.2 million square feet of leasable area, making it one of the largest operators in the region. With this additional funding, Shadowbox will be able to expand on its established portfolio and scale its offerings to meet the increasing demand for premium soundstages across the globe. PressReader. CWAM's investment philosophy is to pursue investments that capitalize on our unique capabilities and core values. The first day of competition at the National Association of Intercollegiate Athletics Indoor National Championships on Thursday, March 2 in Brookings, S.D. The leader of a project looking to develop more than 1 million square feet of Santa Clarita sat down with the Santa Clarita Valley Business Journal inside the SCV Chamber of Commerce's office to talk about Shadowbox Studios' ambitious plans and why they're filling a vital . In a press release on Tuesday, Peter Rumbold, Commonwealths head of real estate, said the new name is intended to evoke the physical and imagined spaces supported by our platform., Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors, he said. TRD Staff. We continue to be a film-friendly City and ensure our beautiful valley remains a top choice for productions now and well into the future.. The majority of the street measures at 40 feet in height . 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. ATLANTA--(BUSINESS WIRE)--Shadowbox Studios (Shadowbox), a premium operator of purpose-built soundstage facilities, today announced a strategic investment from Silver Lake, the global leader in technology investing. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. The reported sales price for Blackhall's Atlanta assets is $120 million. Los Angeles Still Leads In Soundstage Space, But FilmLA Says Growth Is Outpaced By Toronto, UK & New York. His Atlanta studio complex, launched in 2017, spans about 150 acres, according to the studios website, and a 2019 CNBC article referred to Blackhall Studios as the third largest in the state. Bobby Block | The Signal. STANFLES REALTY. 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. 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. Latham & Watkins represented Silver Lake. ATLANTA One of Atlanta's largest production studios has been sold to Los Angeles-based private equity firm Commonwealth Group on Wednesday. Recapitalization Will Support Ongoing Expansion into New Geographies and Incremental Service Offerings Amid Increased Demand for Content, Rebrands as Shadowbox Studios a Premium Soundstage Infrastructure and Services Company. Shadowbox Makes Ambitious Plans for Newhall 2023-03-03 - BY PERRY SMITH . Hotels near Melody Ranch Motion Picture Studio: (3.29 mi) Hotel Lexen Newhall & Santa Clarita (5.59 mi) Hampton Inn Los Angeles/Santa Clarita (5.55 mi) La Quinta Inn & Suites by Wyndham Santa Clarita - Valencia (7.39 mi) Hilton Garden Inn Valencia Six Flags (6.06 mi) Hyatt Regency Valencia Bonelli lived out his life in Mexico as a fugitive after his 1939 indictment, according to SCV History, but the racing remained a fixture in the area until July 1995, when the tracks owners announced races would no longer be held at the speedway due to the deterioration of its grandstands. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. A $500 million investment from. Silver Lake is a global technology investment firm, with more than $88 billion in combined assets under management and committed capital and a team of professionals based in North America, Europe and Asia. Updated: 5:44 PM EDT April 28, 2021. 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. 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. Plans to develop the "largest purpose-built film studio" in the UK have been put forward in Reading. Editors' Note: Deadline's Reopening Hollywood series focuses on the complicated effort to get the industry back on its feet while ensuring . 18756 Mandan St APT 1512, Santa Clarita, CA 91351. The Signal is property of Paladin Multi-Media Group, Inc. I know theyre hoping to start soon, hoping to start this year.. Commonwealth Asset Management LP is a Los Angeles based asset management platform. Shadowbox currently operates soundstage campuses in Atlanta and the United Kingdom, with further active developments in the Atlanta, London, and Los Angeles metro areas. Compared wth 2020, this marks an overall rise of 62% in permits, 42.6% in film days and 40.8% to the estimated economic impact. Blackhall Studios / Master Case No. A one-stop review is a preliminary process the city offers to anyone considering the proposal of a project in front of the Planning Commission, said Jason Crawford, economic development director for the city of Santa Clarita. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. In addition to its existing Atlanta studio, Shadowbox Studios is currently developing three large scale content production campuses in London, Atlanta and Los Angeles. 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. 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. Los Angeles Metro Area: In addition, Shadowbox is currently developing a 19 soundstage, approximately 1.3 million square foot purpose-built studio campus in Santa Clarita, CA. SCVTV is a tax-exempt 501(c)(3) nonprofit corporation. Join the Santa Clarita Valley Sheriff's Station for a morning of coffee Wednesday, March 15, between 9 a.m.-11 a.m., at Dicks Sporting Goods, 26591 Carl Boyer Drive, Santa Clarita, CA 91350. 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. 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. Production teams can also access over 13,000 square feet of office space on the studios Main Campus plus nearly 30,000 square feet of production bungalows, as well as 40,000 square feet of additional office space on the East and Grove Campuses. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. Nine buildings, which would contain 19 sound stages, would be constructed in the central portion of the Project Site, south of Placerita Creek. $380,000. Contact Info. In addition to providing real estate services to its clients, Shadowbox also provides productions with lighting and grip rentals through its wholly owned subsidiary, Lamp Dock, as well as other key on-lot services. Santa Clarita 1 Bedroom Houses; Santa Clarita 2 Bedroom Houses; Santa Clarita 3 Bedroom Houses; Shadowbox currently operates soundstage campuses in Atlanta and the United Kingdom, with further active developments in the Atlanta, London, and Los Angeles metro areas. It was founded in 2012 and is stationed in Santa Clarita, California. Following completion of the remaining development, the company will operate 18 stages in the London area.