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.. The plans include a corporate rebranding. Additionally, Blackhall Global Partners is developing in the Los Angeles metro with a new state-of-the-art, 19-stage facility in Santa Clarita which is expected to open in 2025. The community is invited to attend a meeting on Thursday, April 21, 2022 starting at 6 p.m. at City Hall in the Century Conference Room located at 23920 Valencia Blvd. Courtesy of Blackhall Studios Shadowbox Studios, formerly Blackhall Studios, is going all in on delivering. 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. 2023 The Hollywood Reporter, LLC. Several other companies have announced plans to expand existing soundstages or build new ones in the last couple of years. Additional legal work was done by Farrer & Co. and King & Spalding. 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. For more information, visit www.shadowboxstudios.com. 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. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. 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. Commonwealth Asset Management LP is a Los Angeles based asset management platform. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. Latham & Watkins represented Silver Lake. 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. 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. Shadowbox Studios, Formerly Blackhall Studios, Announces $500 Million Strategic Investment From Silver Lake to Support Over $1.5. By Tim Dams. Millsap has been a big part of that growth, launching Blackhall Studios in 2007. 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 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. LA North Studios, a Santa Clarita-based entertainment company, has cut a deal to open a fourth soundstage for TV and film production in . The commercial portion is proposed as the Shadowbox Studios, which consists of six 11,000-square-foot sound stages and a parking structure.. Upon completion, the two phases will function as a single integrated campus totaling in excess of 2MM square feet. Share this article. Charlotte Jerbic 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. The California Department of Public Health is announcing updates to several state public health officer orders that have guided Californians on how to best protect themselves and their families throughout the pandemic. 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). 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. 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. 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. 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. 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. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. It's laid out in a really smart way, with parking for multiple crews and support. The Santa Clarita Valley Sheriffs Station annual All Schools Dance is back for its 38th year and will be held Friday, March 10 from 7:30 p.m. to 11 p.m. at Six Flags Magic Mountain. 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 today confirmed 14 new deaths throughout L.A. County, 1,343 new cases countywide and 36 new cases in the Santa Clarita Valley. SE. Millsap kept the rights to the Blackhall name in the sale. The company is also developing an additional 1.2 million square foot space including 22 new soundstages. Atlanta, GA 30316 (949) 955-3555. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, Atlanta Metro Area: Shadowbox currently operates an 850,000 square foot studio facility with nine soundstages in Atlanta, GA that has been home to blockbuster features such as. saw The Master's University Mustang track teams break records as they moved on to the finals. Filled with the top stories to start your day, and emergency news alerts. Read Next: Idris Elba Says Backlash Over Not Calling Himself a Black Actor Is Stupid: Where Am I Denying My Blackness?, Paramount Global to Pay $122 Million to Settle Shareholder Suits Over Viacom-CBS Merger, Georgia Lawmakers to Review States $1.3 Billion Film Credit, Jussie Smollett Appeals 150-Day Jail Sentence in Hate Crime Hoax, Tom Sizemore, Saving Private Ryan Actor, Dies at 61, Reality TV Star Stephen Bear Jailed for 21 Months Over OnlyFans Sex Video, Jonathan Majors Confronts Those Terrible Ant-Man and the Wasp: Quantumania Reviews: It Doesnt Change How I See Myself, New Alien Movie Starts Filming in March, Reveals Cryptic Synopsis and Full Cast, Why Sylvester Stallone Is Not in 'Creed 3', Michelle Yeoh Says Hollywood Questioned If I Even Spoke English After 1997 Bond Film: I Didnt Work for Two Years Due to Stereotype, Woody Harrelson Slams COVID Set Protocols as 'Nonsense,' Urges Hollywood to 'Stop' Forcing 'Vaccination': Thats 'Not a Free Country', Idris Elba Says Backlash Over Not Calling Himself a Black Actor Is Stupid: Where Am I Denying My Blackness?, Ke Huy Quan Lost His Health Insurance Right After Filming Everything Everywhere All at Once: Nobody Else Wanted to Hire Me, Harry Potter Star Evanna Lynch: I Wish People Would Give J.K. Rowling More Grace and Listen to Her, Britain's $4 Billion Boss: ITV Chief Carolyn McCall Bets It All on Talent, 2023 Music Festivals: How to Buy Tickets to Coachella, Governors Ball, Lollapalooza and More. Map; What's Nearby? Blackhall, now known as Shadowbox Studios, a premium operator of purpose-built soundstage facilities, announced Tuesday a strategic investment from Silver Lake, the global leader in technology investing. Pictured is the current Blackhall Studios complex. Millsap originally intended to call the company Valhalla Studios, but backed down after a legal challenge from Valhalla Entertainment, producers of The Walking Dead.. "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. Since then, Blackhall has rapidly built . The reported sales price for Blackhall's Atlanta assets is $120 million. 2020 The Santa Clarita Valley Signal. Silver Lake is the global leader in technology investing, with professionals based in North America, Europe and Asia who are focused on partnering with exceptional management teams to build and grow great companies. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. 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. 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. The move is part of California's attempts to keep up with the increase in demand of TV and film production in Hollywood. The campus spans 165 acres and has 850,000 square feet of interior space across nine sound stages. Blackhall says the developments will create "up to 3,000 new . According to Millsap, the Commonwealth Group will purchase the . 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. All rights reserved. Bungalow 1300. *Assets estimated as of March 2022 and are inclusive of Commonwealth Asset Management LP, Commonwealth Asset Management Holdings LLC and its affiliates, constituting CWAM. 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. Bonelli, famous in his own right or infamous, depending on ones perspective, as he developed the first post-war tract of homes, also in Saugus, and later became known for his feud with the L.A. Times and then an indictment on corruption charges eventually introduced auto racing in the late-1930s. Mini Bio (1) Ryan Millsap is the Chairman & CEO of Blackhall Studios and the Founder and CEO of Irinda Capital Management, LLC, which is transitioning to Blackhall Capital. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. I know theyre hoping to start soon, hoping to start this year.. I know theyre a real group and I know theyre hoping to cross the finish line.. It's all the magic of downtown at a fraction of the cost, in a controlled environment. 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. 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.. Aims to Boost Film Tax Credits to $700M As New Jersey Rivalry Heats Up, Hollywood Production in Quebec Fell in 2022, Province Cites "Genuine Slowdown" Globally, Paramount Will Pay $122.5M to Settle CBS-Viacom Merger Lawsuit, Lionsgate Dealmakers Michael Burns, Brian Goldsmith Extend Contracts, A24 Buys Off-Broadways Cherry Lane Theatre, Pay TV and Cable Providers Lost 5.8M Subscribers in 2022, Star Hairstylist Jen Atkin Reveals Must-Have Hair Tools, Tutorials and Pro Tips In New MasterClass, Rihannas Puma x Fenty Is Coming Back Heres Where You Can Still Buy Those Cult-Fave Creepers, The Best Bridesmaid Dresses for Every Budget, From Under-$100 Gowns to Hollywood-Inspired Classics, BTS Army: Heres When and Where Legos Dynamite-Inspired Set Arrives Online and In Stores, The Big Lebowski Turns 25: People Didnt Get It, Jeff Bridges Recalls, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. 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. The stages are well designed also, enough separation for noise and traffic, close enough for quick company moves. The idea is to give a property owner or developer information about any potential red flags in order to make designing a project in adherence to city and county regulations easier. 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 application will be available to review for a 60-day review by the public beginning on March 7 and ending on May 7. The Keystone Club at the Santa Clarita Valley Boys & Girls Club is hosting a Breaking Barriers Career Expo on March 24 and April 21.
Ifa Temple Florida,
Articles B