Liked by Lee Watkins. Preconstruction and construction services for a new studio campus on 10 acres. Guard gated community. In July, Hudson Pacific and Blackstone announced the duo were planning to build a $190 million studio complex across 10 acres on Peoria Street in Sun Valley named Sunset Glenoaks. Sunset / Alvarado: 4 min a pie: VER: Glendale / Reservoir: 4 min a pie: VER: Estaciones de Metro cercanas a La Seismic Construction en Echo Park, La. Gavin Newsom signed a new $150 million tax credit into law, which is aimed to spur the construction of new production facilities. - by Travel + Leisure and Travel + Leisure Staff. Their lawsuit was rejected by a Los Angeles Superior Court judge in 2016. Earlier this year, Hudson Pacific and Blackstone unveiled plans to develop Sunset Glenoaks Studios to take advantage of the growing market for soundstages. Rather, Sunset Glenoaks Studios will go up in Sun Valley neighborhood north of North Hollywood in the San Fernando Valley. 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. 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. Sunset Gower Studios is now working closely with its sister company Sunset Bronson Studios, located just a couple of blocks east on the site of the original Warner Bros. lot (192337), formerly owned by Tribune Broadcasting, and Sunset Las Palmas Studios, formerly the Hollywood Center Studios until 2017. As the demand for content continues to expand, we are well positioned to benefit in the coming years.. Sunset Glenoaks design includes optionality to shoot on a virtual stage; a state-of-the-art power grid designed for LED lighting; and high-speed fiber connectivity with scalable Internet. The project includes seven sound stages totaling 136,000 s.f, four production office buildings totaling 91,000 s.f. 2. 1 Bed. The Los . Sylmar Studios executives and Los Angeles City Councilwoman Monica Rodriguez assembled in Sylmar for the start of the $500 million development project, . Deadline is a part of Penske Media Corporation. 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. The operator of Sunset Studios, Hudson Pacific Properties, has acquired Quixote Studios for $360 million, significantly expanding its footprint in the soundstage business. This Week's LA Deal Sheet. Major renovations from flooring to new kitchen, and bathrooms . Harry Cohn died in 1958 at the age of 66. Hardwood floors throughout refinished. 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. New York-based RBC Real Estate Capital Partners provided the loan, property records show. They appealed, and the appeal was denied in 2018. It will cover 240,000 square feet on over 10 acres with seven sound stages. | January 23, 2023 [2][3] Following success and a move into feature films, in 1926, CBC (under its new name of Columbia Pictures), acquired a Gower Street property with stages previously used by California Studios. Sunset Glenoaks film-and-TV ready stages will range from 15,000 to 21,000 square feet, all with 35 to 40-foot clear heights. It will have seven soundstages, offices and other production facilities on 10 acres. RPR/Snyder Langston's latest project, Sunset Glenoaks Studios. Los Angeles real estate developer David Simon intends to build a new $450-million independent studio in Hollywood with five soundstages and support facilities including offices and bungalows for entertainment creators. Our three locations, Sunset Bronson Studios, Sunset Gower Studios and Sunset Las Palmas Studios, provide premiere studio production facilities, the latest amenities, sophisticated technology and top notch service. Read the latest edition of the Commercial Observer online! 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. Large living room. Hudson Pacific has been at the forefront of Hollywood's renaissance for more than a decade. Actual product and specifications may vary in dimension or detail. Plans are for 120,000 square feet of stage-adjacent support space as well as offices with hillside views, a large mill (area where productions can construct sets), 450 parking stalls and generous truck loading. 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. In 1928, Columbia's official address became 1438 Gower Street and that year they bought the last piece of land of the old Gower Ranch at 1400 N Gower Street.[3]. . The facility will also include . Sunset Glenoaks Studios, which will represent a total investment of approximately $170 to 190 million, is expected to be completed in third quarter 2023. A CERTIFIED LOS ANGELES SLB. The Times landlord Atlas Capital Group intends to develop the parking lot around the printing plant in the near future and eventually take over the 1980s-era building and turn it into stages. Sunset Studios is one of the largest independent studio operations in Los Angeles and manages almost half of all studio space in Hollywood. Have a question for 1267 St Ives Pl? Shadow Hills. COPYRIGHT 2020 KIMBERLINA WHETTAM & ASSOCIATES. Sunset Glenoaks Studio project tilting concrete panels to form the walls of the building! By executing on our vision to deliver high-quality sound stages alongside a robust array of production services, we've created a premier, streamlined solution for today's leading media companies. Hudson Pacific and Blackstone are adding a fourth project to their Sunset Studios family, unveiling plans to build Sunset Glenoaks Studios amid a booming . 2 bed 1.5 bath 1279 sqft. A spacious front porch wraps around the front of this charming 3 bedroom / 2 bath home and overlooks the fenced-in yard on this 1/3 acre lot. But HPP and Blackstone could have more competition in a few years. This field is for validation purposes and should be left unchanged. The Los Angeles area already ranks as the worlds leader in soundstage capacity with more than 5.2 million square feet of certified space, FilmLA data show. Sunset Glenoaks will be Hudson Pacific and Blackstones fourth studio development together the firms already own Sunset Gower, Sunset Bronson and Sunset Las Palmas in Hollywood giving it 42 soundstages altogether. Two story completely remodeled. in the Sun Valley neighborhood near Burbank. 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, Coleman said in a statement. Television programs which have occupied several sound stages most notably include current series Scandal and How to Get Away with Murder and ended series Heroes, Dexter, NewsRadio, The Amanda Show, Deal or No Deal, Saved by the Bell, Hip Hop Harry, City Guys, Six Feet Under, JAG, Married with Children, Soap, That's So Raven, Moesha, The Parkers, The Donna Reed Show, Father Knows Best, Hazel, I Dream of Jeannie (which also used the "Father Knows Best" exterior house and "Donna Reed Show" interior living room), Bewitched, The Monkees, the first two seasons of The Golden Girls,[2] the final three seasons of The Facts of Life, and the final two seasons of Silver Spoons. Construction of Sunset Glenoaks Studios is slated to begin this year. It will feature seven soundstages on a 10-acre parcel at 11070 W. Peoria . Home / Los Angeles, CA / 1267 St Ives Pl. Soundstages are one of the hottest categories in commercial real estate as entertainment production keeps rising. Big players have been jumping in. Hudson Pacific's Sunset Studios has revolutionized the studio for those revolutionizing content. said the pandemic accelerated pre-leasing studio demand trends, driving an abundant amount of capital to the tech and media industries., 5 Questions With Mast Capitals Camilo Miguel. The Sunset Glenoaks studio has been delayed for seven years, and now stands to be first line for a new tax credit. The state-of-the-art, purpose-built location in Sun Valley is at 11070 W. Peoria Street, a 20-minute drive from Hollywood and ten minutes from Burbank. When Sunset Glenoaks is complete, Hudson Pacific and Blackstones Sunset Studios brand will have 42 soundstages. When Sunset Glenoaks is complete, Hudson Pacific and Blackstones Sunset Studios brand will have 42 soundstages, and the owners said they are pursuing other expansion opportunities in Los Angeles, New York, London and Vancouver, Canada. 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. Quixote affords stage tenants and other productions a more full-service solution and expands Hudson Pacific's reach to capture production-related demand in Los Angeles and other key US media markets. HPP and Blackstone expect to finish Sunset Glenoaks Studios in the third quarter of 2023, according to the announcement. One of "Sunset's best cabin getaways". The $150 million will be doled out by the California Film Commission on a first-come, first-served basis. The film-and-TV ready stages will range from 15,000 to 21,000 square feet, all with 35 to 40-foot clear heights. Sunset Glenoaks is a perfect example of our long-term strategy with Blackstone to buy and transform existing facilities and to build new, state-of-the-art studios within Los Angeles and other high-priority production markets weve identified for expansion, said Hudson Pacific Properties chairman Victor Coleman in a prepared statement. 2 Bd, 1 Ba 1 Half Ba. The 240,000-square-foot state-of-the-art facility will include seven sound stages, production office and support space. Its Sunset Glenoaks Studios is . Hudson Pacific Properties and Blackstone Group are set to build what they're calling Sunset Glenoaks Studios for $170 million to $190 million an approved soundstage development to add to its prized Sunset Studios portfolio and the overall race for content creation space in the L.A. area. The 240,000-square-foot Sunset Glenoaks Studios project will include seven film- and TV-ready soundstages, production office and support space with more than 10 acres at 11070 West Peoria Street in the Sun Valley neighborhood. HPP and Blackstone secured approval last November for their 500,000-square-foot expansion of Sunset Gower in Hollywood. Its expected to be complete by the third quarter of 2023. With about 240,000 square feet across more than 10 acres, the new . We are customizing your profile Hudson, in partnership with Blackstone, has acquired Sunset Gower, Sunset Bronson, Sunset Las Palmas and is developing Sunset Glenoaks, becoming become one of the largest independent owner-operators of studio space. Floor plans are artist's rendering. Sunset Glenoaks is located at 11070 West Peoria Street in the Sun Valley neighborhood near Burbank. Sunset Gower Studios is a 14-acre (57,000 m 2) television and movie studio at the corner of Sunset Boulevard and Gower Street in Hollywood, California. Sunset Studios. The creation of the new studio in the San Fernando Valley fits into the developers long-term strategy to buy and transform existing facilities and build new studios in busy markets for film and television production, Hudson Pacific Chief Executive Victor Coleman said. The roughly $190-million project will include seven sound stages, each of which would range from 15,000 to 21,000 square feet in size and include 35 . The first major studio built in LA in decades. The Sunset Gower Studios lot, the home of such Columbia classics as Frank Capra's It Happened One Night in 1934, Mr. Smith Goes to Washington in 1939, the Three Stooges shorts, Funny Girl and The Caine Mutiny, has continued to host productions of top new films such as The Good Shepherd and The Good German. RBC is one of many institutional lenders cashing in on studio development. ACCESSIBILITY AUDIT; Tendrs a tu disposicin albercas privadas, wifi y estacionamiento. The Sunset portfolio includes more than 60 stages across five lots in Los Angeles and the U.K. Hudson Pacific announced the deal in a quarterly earnings release on Wednesday, but did not disclose the lender. Since 2007, the studio has been undergoing both interior and exterior improvements on the lot. 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. For a time stages 12 and 14 became indoor tennis courts. New kitchen with granite counter tops, Stainless steel appliances. It will be the fourth such property managed by the two firms, and bring their total to 42 sound stages. For more information, please see ourprivacy policy. Established in 1912, it continues today as Hollywood's largest independent studio and an active facility for television and film production on its twelve soundstages. Hospdate en esta casa de vacaciones en Norte de Hollywood. It has building amenities including onsite management, fitness center, on site laundry, garage parking, roof deck, and outdoor space. 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). The project is estimated to cost between $180 million and $200 million. Estars muy cerca de atracciones como Parque temtico Universal Studios Hollywood y Valle de San Fernando. Sunset Studios has played a critical role in Hollywood for over 100 years. provided the loan, property records show. New light . The home is located at the end of the cul de sac. Updated kitchen cabinets, ss appliances, granite countertops, built in micro wave, some new light fixtures. All dimensions are approximate. Sunset Studios includes three storied lots in HollywoodSunset Bronson, Sunset Gower, and Sunset Las Palmas, that have been home to iconic television shows and . In August 2007, Sunset Gower Studios was bought by Hudson Capital. The project includes seven sound stages totaling 136,000 s.f, four production office buildings totaling 91,000 s.f. Hudson Pacific Properties and Blackstone have scored a $94 million construction loan to build a portion of their planned studio development in the San Fernando Valley. Do Not Sell or Share My Personal Information, A $1.25-billion overhaul will bring Television City into the streaming era, A new film studio is coming to Hollywood and not a moment too soon for eager creators, a $650-million plan to build 17 soundstages, a new $450-million independent studio in Hollywood, Tesla Mexico plant means $10-billion investment, Nuevo Leon governor says, Assistants kindly request that you stop calling them assistants, Working more on the weekends? New demand for big entertainment-related spaces comes from old-line entertainment companies and newcomer streaming services such as Netflix, Apple TV+ and HBO Max. About 22281 Tupelo Pl. Hudson Pacific and Blackstone are adding a fourth project to their Sunset Studios family, unveiling plans to build Sunset Glenoaks Studios amid a booming development market for sound stages. That sets up a race for productions to lease out space in newly built soundstages before the credit funding is exhausted. The company also said on its website that construction began in 2020. Is there anything else you'd like to ask 1267 St Ives Pl? Gorgeous unobstructed views of Sarasota Bay and City lights. 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. 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 . Not all features are available in every apartment. 1279 Sqft. The Technicolor building opened its doors in 2008. LEARN MORE. The project to expand production at Television City comes as shortages keep the regions existing soundstages booked year-round. The partners said the operation will prioritize sustainability, health and wellness including EV charging stations, bike parking and showers, and will be 100% carbon neutral. Mark Lammas, president of Hudson, said during the quarterly earnings call that the firm expects Sunset Glenoaks to generate approximately $15 million of new annual income once its operational. On this Wikipedia the language links are at the top of the page across from the article title. . Send us a tip using our annonymous form. The Times may extend its lease there into the 2030s. Among the modern touches will be a power grid designed for LED lighting and high-speed fiber connectivity that will enable productions to send high-resolution video from cameras to on-site editing suites and offices. We are customizing your profile. HPP and Blackstone expect to invest $170 million to $190 million to develop the complex, eyeing a completion by the third quarter of 2023. It would be called Echelon Studios and would replace a long-closed Sears store and parking lot on Santa Monica Boulevard west of the 101 Freeway. His memorial service was held on stages 12 and 14 at the studios (there is no stage 13). 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. The film . Hackman Capital Partners, the owner of Television City, formerly operated by CBS, announced plans in March to make $1.25 billion worth of improvements to the Los Angeles lot, including raising the number of soundstages to at least 15, from eight, along with production support facilities and offices for rent. It will have seven soundstages, offices and other production facilities on 10 acres. A rendering shows a planned movie studio, Sunset Glenoaks Studios, in the Sun Valley neighborhood of Los Angeles. Last week, Gov. (16) Skyway Landing was sold on February 6, 2023. 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. Browse 15 Studios in Glen Oaks, NY to find your dream Glen Oaks studio apartment. Los Angeles, A $150,000 executive protection dog? 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. The studio will comprise approximately 240,000 square feet on more than 10 acres, making it the first large-scale purpose-built studio development in Los Angeles in decades. Upon its completion, the joint venture will collectively own and operate 42 stages, or 3.5 million square feet, of LA-area studio facilities under the Sunset Studios platform. 1 Available. Home > Portfolio > Studios & Entertainment > Sunset Glenoaks Studios. Roger Vincent. Hudson Pacific owns Quixote, a leading provider of production services including sound stages, production supplies and transportation vehicles. To be called Sunset Glenoaks Studios, the fully equipped, state-of-the-art studio facility will be the first large-scale, purpose-built studio in the Los Angeles area in more than 20 years, the companies said. Community pool and tennis courts. 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..