8-K: Hudson Pacific Properties, Inc. - MarketWatch Those three have 35 sound stages (1.2 million square feet). Beautiful hardwood floors, quartz counters, and shaker cabinets bring the kitchen to life, while also featuring a countertop bar to dine at, or dine at the dining table surrounded by windows. Sunset View at HSR layout #shorts #shortsvideo #shortsfeed #bengaluru # By subscribing, I agree to the Terms of Use and Privacy Policy. It would be the first such project built in Los Angeles in decades, and it would help stop shows from fleeing to other states. Major renovations from flooring to new kitchen, and bathrooms . Hudson Pacific owns Quixote, a leading provider of production services including sound stages, production supplies and transportation vehicles. We are customizing your profile. In order to expand their studio platform joint venture, Hudson Pacific Properties and Blackstone (BX +0.3%) announced to develop Sunset Glenoaks Studios, a fully entitled, state-of-the-art . Manage Settings National real estate investment companies Hudson Pacific Properties and Blackstone have plans to develop a 240,000-square-foot studio facility in Sun Valley, the duo announced late last month. The Times may extend its lease there into the 2030s. New York-based RBC Real Estate Capital Partners provided the loan, property records show. For a time stages 12 and 14 became indoor tennis courts. Hardwood floors throughout refinished. 10-K: HUDSON PACIFIC PROPERTIES, L.P. - MarketWatch His memorial service was held on stages 12 and 14 at the studios (there is no stage 13). 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. 10-acre Sunset Glenoaks would be 2nd major development project since JV formed, Blackstone Group President Jonathan Gray and Hudson Pacific Properties CEO Victor J. Coleman with the proect (Blackstone, HPP). Its "back lot" on Hollywood Way in Burbank, where the Columbia westerns were made, became the property of Warner Bros. Columbia Pictures Corporation, renamed "Columbia Pictures Industries, Inc." after merging with its television subsidiary Screen Gems (now Sony Pictures Television) in 1968,[4] became a film entity without real estate. Seven film . 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 . 2023 Variety Media, LLC. provided the loan, property records show. $4,200/mo. 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. 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. The price tag for the project, to be called Sunset Glenoaks Studios, is . That project will finally move forward under the ownership of one of the region's biggest owners and developers of production facilities. This year, they plan to start . Great opportunity to move into this 5 bedroom 3 full bath lakeview pool home in prestigious Lexington estates. 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]. It will also join the Sunset Studios brand, which includes three Hollywood studios Sunset Gower Studios, Sunset Bronson Studios, and Sunset Las Palmas Studios also owned by HPP and funds managed by Blackstone. 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. 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. Hudson Pacific On Path to Develop Seven West Coast Studio and Office HPP and Blackstone Unveil $180M Studio Plans - Connect CRE Gregory Cornfield can be reached at gcornfield@commercialobserver.com. As the demand for content continues to expand, we are well positioned to benefit in the coming years.. Last week, Gov. Harry Cohn died in 1958 at the age of 66. Sunset Boulevard adding storage area of 628,000 square feet (58,300m2). 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. Its Sunset Glenoaks Studios is . Our Partner Guide outlines every step in opening a restaurant from concept creation to securing a lease to hiring your team, and everything in between. storage and mill shop for set and prop construction. The home is located at the end of the cul de sac. Two big projects recently surfaced in Downtown L.A. Atlas Capital Group wants to convert a former Los Angeles Times printing plant into a 17-stage campus, while East End Capital is planning a 237,000-square-foot complex closer to the Arts District. AVILABLE April 1, 2024 THROUGH December 31, 2024. Home > Portfolio > Studios & Entertainment > Sunset Glenoaks Studios. Get our latest storiesin the feed of your favorite networks. Dean Boerner is a California-based writer previously with Bisnow and the San Francisco Business Times. This Week's LA Deal Sheet. 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. The studios are located at 5800 Sunset Boulevard, 1438 N Gower Street, and 1040 N Las Palmas Avenue, respectively. 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. Jacob Werner, senior managing director for Blackstone Real Estate, said Sunset Oaks is the, first large-scale studio development in the last 20 years in the city. Construction started in fourth-quarter 2021 and will add 241,000 square feet and seven sound stages to Hudson and Blackstones joint Hollywood studio portfolio. 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. The . Two bedrooms 1 and 1/2 bath townhome for lease in desirable N/W Glendale above Glenoaks. 1) Includes under construction 241,000 square-foot Sunset Glenoaks Studios in the San Fernando Valley and planned 1,167,000foot Sunset Waltham Cross Studios in North London and excludes 1,120,000 square feet of nonrevenue generating trailer and equipment - storage space. . All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals, High Street, Daiwa bring resi to River Oaks, St. Charles revamp of torched resort takes center stage in local City Hall races, LIV plans massive resi project in Fort Worth, KBS deal to sell Union Bank Plaza to Joel Schreiber delayed for 9th time. Responding to the surging demand for state-of-the-art studio space, Hudson Pacific Properties Inc. and Blackstone are teaming up to develop the first large-scale, purpose-built studio in the Los Angeles area in more than 20 years. The project is estimated to cost between $180 million and $200 million. 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. 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. With Hudson Pacific, Blackstone is developing the $190 million, 240,000-square-foot Sunset Glenoaks Studios in Sun Valley. We want to hear from you! | January 23, 2023 A rendering of a soundstage at the planned Sunset Glenoaks Studios in Sun Valley. Big players have been jumping in. and a 30,000 s.f. Hudson Pacific buys Quixote Studios in $360-million deal 1 Available. 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. 22281 Tupelo Pl, Boca Raton, FL 33428 | Redfin 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. Other sizable studio projects have already been announced in Los Angeles, including the $450 million Echelon Studios project in Hollywood and the $1.25 billion renovation of Television City in the Fairfax District. The $150 million will be doled out by the California Film Commission on a first-come, first-served basis. What are you most curious about? 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. Since 2007, the studio has been undergoing both interior and exterior improvements on the lot. All our breaking news, straight to your inbox. The pair own Sunset Gower Studios, Sunset Bronson Studios and Sunset Las Palmas Studios, all historic studios in Hollywood that have been updated and lease production facilities and offices to people in the entertainment industry. 1279 Sqft. Start your search today. 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. Browse 15 Studios in Glen Oaks, NY to find your dream Glen Oaks studio apartment. Jacob Werner, senior managing director for Blackstone Real Estate, said Sunset Oaks is the first large-scale studio development in the last 20 years in the city. 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. Last updated March 1 2023 at 10:45 AM. National Investment Companies Plan Sun Valley Studio Development Hudson Pacific buys Quixote Studios in $360-million deal - Yahoo News Before that, he spent two years as the publication's sports editor, and he remains a committed fan, for better or worse, of his Sacramento Kings, San Francisco Giants, and Saint Mary's Gaels. 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. A group of homeowners from the Shadow Hills community fought the project at City Hall, arguing that the studio would be too big and would generate too much traffic. 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 .
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