The combination of Shadowboxs premier facilities in tier one production hubs and deep relationships across the production landscape allows the company to support the worlds top content producers as they grow their businesses, said Lee Wittlinger, Managing Director at Silver Lake, who has joined Shadowboxs board along with Silver Lake Director Chip Schroeder. [Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); City planners received a request to perform a preliminary review on plans for a 93-acre lot situated at the northeast intersection of 13th and Arch streets. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. For more information, visit www.shadowboxstudios.com. Blackhall Studios - Santa Clarita Santa Clarita: Up to 20: 500,000: Purpose-built facility on a 50-acre parcel. Bobby Block | The Signal. Following completion of the remaining development, the company will operate 18 stages in the London area. The post notes that cowboy actor Hoot Gibson purchased it in 1930, continuing its use as a rodeo venue that attracted the likes of William S Hart, Tom Mix and John Wayne, until it was sold to William Bonelli. Charlotte Jerbic Latham & Watkins represented Silver Lake. Currently the property hosts the Saugus Swap Meet at the site every Tuesday and Sunday. Its a pretty cool program for folks who just have an idea or a concept and can hear back from all the different groups, Crawford said, mentioning fire and building and safety, among other agencies. According to Millsap, the Commonwealth Group will purchase the . A city official noted Wednesday its one of a number of discussions that have involved the historic tracks potential next use over the years, but also one that appears to be gaining traction. The local film office reported 570 film permits and 1,505 filming days, which generated approximately $37.6m in economic impact to the local community. The studio also opened with a large building for special effects and set design, and a 30-acre backlot for . The company now operates 13 soundstages nine in Atlanta and another four in Shinfield, west of London. The Los Angeles County Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. Street Address: 901 Dove Street, Suite 270 City: Newport Beach Province/State: CA Prime Video's comedy feature Grand Death Lotto to shoot next week, Part two of Kevin Costner Western film series Horizon underway in Utah, LeBron James' sports drama Rez Ball to film in New Mexico for Netflix, Choose from three profile types - Basic, Silver and Gold. The proposal discusses an approximately 93-acre lot situated at the northeast corner of 13th and Arch streets in Newhall, which was described as the primary entrance to Placerita Canyon, according to city planner James Chow, whos one of the people looking at the review. Founded in 2017, Shadowbox Studios (formerly Blackhall Studios) develops, owns, and operates state-of-the-art soundstages for film and media production, and provides a range of on-site support services for clients. The $500 million expansion will add 1.2 million square feet and 22 new soundstages to Shadowboxs Atlanta location, making it one of the biggest production facilities in Georgia and in the U.S. South. Blackhall which is controlled by California-based Commonwealth Real Estate LP would invest an estimated $380 million and bring more than 2,400 film- and production-related jobs to an area. Large-scale productions require a studio with the soundstages, mill spaces and office real estate to accommodate full cast, crew and staff. 25350 Magic Mountain Parkway, Suite 250 Santa Clarita, CA 91355 . Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity, said Lee Wittlinger, managing director at Silver Lake who joined Shadowboxs board with the investment. Shadowbox currently operates a 850,000 square foot complex in Atlanta with nine soundstages that have been home to blockbusters like Jumanji: The Next Level, Jungle Cruise and Godzilla: King of the Monsters. Shadowbox has made these amenities front and center. 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. 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. Shadowboxs existing footprint consists of: Upon completion of these development projects, Shadowbox will own and operate a portfolio of 68 soundstages and over 4.2 million square feet of leasable area, making it one of the largest operators in the sector. Team records fell and All-Americans were crowned for The Master's University on the first day of the NAIA Swimming & Diving National Championships in Columbus, Georgia. I always enjoy visiting our Santa Clarita Public Library Branches and seeing the wide-range of community members taking advantage of the resources, materials, books and services provided. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. 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. It was founded in 2012 and is stationed in Santa Clarita, California. He plans to launch a new streaming service, Blackhall Americana, next year with original action-adventure content. 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. 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. All rights reserved. The campus spans 165 acres and has 850,000 square feet of interior space across nine sound stages. Blackhall Studios / Master Case No. Lee Wittlinger, a managing director of Silver Lake, and Chip Schroeder, a Silver Lake director, will join the Shadowbox board. 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. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. Georgias uncapped film and TV tax credit incentive program has transformed the state into a major production hub since it was created in 2006. South DeKalb County poised to become home to Georgia's largest movie production complex DEKALB COUNTY, GA-Blackhall Global Partners, LLC (BGP) is kicking off its $250 million expansion in DeKalb County. As climate disasters, blood donation needs and other emergencies upend lives, local community heroes are stepping up to care for one another. Cassandra Bujarski / Michelle Van Wyk / Grace Turner The Los Angeles County Probation Oversight Commission is holding an emergency virtual meeting today, Feb. 28, starting at 1:30 p.m. Blackhall . Commonwealth focuses its investment activities within four main categories: Real Estate, Global Macro, Digital Assets and Opportunistic Growth. In 2021 the Santa Clarita Film Office reported over 500 film permits and 1,500 location filming days. A preliminary one-stop review by the city was initiated in October 2020 by the projects previous owner, Blackhall Studios, which was sold and became Shadowbox in June 2022. It appears the Saugus Speedway, a Santa Clarita Valley fixture since the 1920s, may face its final checkered flag, if a pair of developers get their way. This one thats in front of us now is getting pretty far along, Crawford said. When reached by phone Wednesday, Doug Bonelli indicated he was bound by a confidentiality agreement that precluded him from making an announcement, acknowledging the history of the property and the companys nearly three dozen employees who would be impacted. Motion Picture & Television Studios; Blackhall Studios. Santa Clarita 1 Bedroom Houses; Santa Clarita 2 Bedroom Houses; Santa Clarita 3 Bedroom Houses; The Hollywood Reporter is a part of Penske Media Corporation. 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. The Project Applicant proposes to develop a full-service film and television studio campus on the Project Site that would consist of 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. Over time, CWAM has found that this structure allows it to match capital with its underlying investments on a bespoke basis, reducing the typical constraints of duration, scale and return profile that are faced by most closedend investment vehicles. Last year, California approved a $150 million incentive plan to encourage construction of new soundstage facilities in the state. 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.. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. The Los Angeles County Department of Public Health confirmed Thursday no additional deaths and 29 new cases in the Santa Clarita Valley, with 16 additional deaths and 1,028 new cases countywide. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. 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.. $1.25B expansion. A representative from Shadowbox was not immediately available Wednesday. completion in mid-2024. 2023 Media Business Insight. An email to the company Monday night was not immediately returned. Use our detailed filters to find the perfect place, then get in touch with the property manager. As climate disasters, blood donation needs and other emergencies upend lives, local community heroes are stepping up to care for one another. Blackhall says the developments will create "up to 3,000 new . Variety and the Flying V logos are trademarks of Variety Media, LLC. Blackhall Studios is booming and ready to expand, but preservationists fear plans for Atlanta's greatest urban . 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. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. I know theyre a real group and I know theyre hoping to cross the finish line.. Upon completion of these development projects, Shadowbox will own and operate a portfolio of 68 soundstages and over 4.2 million square feet of leasable area, making it . Blackhall, Now Shadowbox, Secures Studio Financing, California Credit Union Launches Summer Internship Program, Henry Mayo Offers Inspire Therapy for Obstructive Sleep Apnea, March 2: SCV Water Engineering, Operations Committee Meeting, Appeals Court Rules for Valencia Developer Over SCOPE, Bank of Santa Claritas Earnings Growth Continues, CNA Condemns Decision to Lift Mask, Vaccine Mandates in Health Care Settings, Friday COVID Roundup: County Records 14 Deaths, 1,343 New Cases, Civilian Oversight Panel Adopts Recommendations to Eradicate LASD Deputy Gangs, CDPH Updates COVID-19 Guidance, Health Orders, March 15: Have Coffee With a Cop at Dicks Sporting Goods, New Beehive Installed at Placerita Canyon Nature Center, Breaking Barriers Career Expo at Boys & Girls Club, Records Fall for TMU Athletes at NAIA Indoor Championship Finals, March 10: All Schools Dance at Magic Mountain, March 4: Celebrate Mardi Gras at Old Town Newhall Farmers Market, Mustangs Find Success at NAIA Swim Nationals, American Red Cross Announces March 2023 Monthlong Events, Whittaker-Bermite Owner Partners with New Urban West to Develop Site, SCVi Now Recruiting Students for 2023-24 School Year, March 18: COC Hosting Discover Day for New, Potential Students, Monthly Message from City Manager March 2023 | One Story One City, March 11: LACoFDs Brush Inspection Educational Meeting for SCV Residents, Dr. Lisa Wong Appointed Director of L.A. Countys Mental Health Department, Thursday COVID Roundup: Resources to Remain After Emergency Orders End. 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 announcement was made two months after Sky revealed its own plans for a new 14-stage site beside the current Elstree Studios in Hertfordshire in a boost for the creative economy. For more information, visit www.shadowboxstudios.com. California Film and Television tax credit program, Santa Clarita in Los Angeles county reports blockbuster year of filming. 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. 19158 Avenue Of The Oaks UNIT B, Santa Clarita, CA 91321. In addition, a two-story support building would extend along the remaining portion of the western boundary (i.e., Railroad Avenue) of the Project Site, south of Placerita Creek. 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. The combination of Shadowboxs premier facilities in tier one production hubs and deep relationships across the production landscape allows the company to support the worlds top content producers as they grow their businesses, said Lee Wittlinger, Managing Director at Silver Lake, who has joined Shadowboxs board along with Silver Lake Director Chip Schroeder. And in the LA metro area, it is currently developing 19 soundstages in Santa Clarita, a nearly 1.3 million square foot purpose-built studio complex. We joined with Blackhall Studios Santa Clarita in celebrating the 2022 Oscars with a live Oscars viewing party held at The Old Town Junction in downtown Newhall. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. Jan 11, 2022, 3:14 PM. Commonwealth focuses its investment activities within four main categories: Real Estate, Global Macro, Digital Assets and Opportunistic Growth. 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. In addition, Shadowbox Studios is developing a 1.3MM square foot studio project on a 93-acre parcel in Santa Clarita, CA. The Saugus Speedway property is probably as steeped in the SCVs historical cowboy Western tradition as any, according to information available on SCVHistory.com. US company Blackhall Studios and the University of Reading want to build the new 150m studios . City of Santa Clarita Community Development Department 23920 Valencia Boulevard, Suite 302 Santa Clarita, CA 91355 RE: Blackhall Studios Project - Notice of Preparation of an Environmental Impact Report (NOP) SCH # 2022030762 GTS # 07-LA-2022-03901 Dear Mike Marshall: 2023 State of California, Initial Study-Blackhall Studios_032822_FINAL. The move is part of California's attempts to keep up with the increase in demand of TV and film production in Hollywood. 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 frontage for the proposed site includes the area previously used by the Santa Clarita Cowboy Festival to shuttle people back and forth from their cars to the festival, back when the festival was held at nearby Melody Ranch Motion Picture Studio. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. [Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail. Shadowbox Studios, Formerly Blackhall Studios, Announces $500 Million Strategic Investment From Silver Lake to Support Over $1.5. 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. Phone Number. Baker started hosting rodeos on the property in 1926, ostensibly to attract buyers for his horses, according to an SCVHistory.com post about the property. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. 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. 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 property has been owned by the Rodeo Land Co. since 1972, according to property record listings with the L.A. County Assessors Office. The investment from private equity firm Silver Lake will also go toward expanding the studios footprint in London and Los Angeles. Staff; Board of Directors; Ambassadors; Business Improvement . Plans to develop the "largest purpose-built film studio" in the UK have been put forward in Reading. A US movie studio group behind blockbusters including Venom, Jumanji and Godzilla is to build a 150m Hollywood-style production complex in Reading . The studios strategic location inside Atlantas I-285 perimeter places talent and crew only minutes away from Hartsfield Jackson International Airport and Atlantas city life centers with award-winning, celebrity chef-driven restaurants, high-end shopping and luxury accommodations such as the Ritz Carlton, St. Regis and Four Seasons. 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 has grown rapidly since its founding just five years ago. Blackhall Studios offers complete services for all types and sizes of productions from small independent films to scripted television series to tent pole movies, according to the studios website. According to the California Environmental Quality Act, the initial study determines which appropriate environmental study would come next, whether thats a negative declaration, a mitigated negative declaration or an environmental impact report, Nguyen said in a phone interview. The applicant or property developer is The Weber Group, according to city planners. June 18, 2020 6:14pm. 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. 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. 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. Atlanta, GA 30316 (949) 955-3555. 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. Our soundstages ranging from 22,000 ft. to 55,000 ft. are some of the biggest and newest additions within the 30 mile zone. 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. To learn more about Database Works and our custom software solutions, please request a demo. Last modified on Wed 19 Feb 2020 02.34 EST. A three-story office building and a five-level, 1,064-space parking structure that includes one subterranean level are proposed in the southwestern corner of the Project Site. The review process, which started about 10 days ago, generally takes about five weeks, which could change depending on the project. The reported sales price for Blackhall's Atlanta assets is $120 million. The completed expansion of the studio will see it having an additional 22 new sound stages and an extra 1.2 million sq ft in space. In 2017, Blackhall Studios opened a 165-acre complex with over 200,000 square feet of soundstage space as well as offices and rentable workshops. Called the Riverview Project, presumably a nod to its location across Soledad Canyon Road from the Santa Clara River, the project is intended to offer commercial and residential support for another planned development thats large enough to rival any other current studio in the SCV. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. 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