The company which was bought last year by Commonwealth Asset Management will now go by Shadowbox Studios. Santa Clarita received an application for a mixed-use, residential development to be located on the 40-acre Saugus property in October 2021, according to city senior planner Hai Nguyen, who. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder, for the investment. Georgias uncapped film and TV tax credit incentive program has transformed the state into a major production hub since it was created in 2006. Application filing will be held for one week and begins Friday, March 3 and will close on Thursday, March 9. The review request also includes a parking structure with six stories above ground and two subterranean levels, for 1,765 spaces. Allison.McLarty@edelman.com, Commonwealth 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. All Rights Reserved. Email: hbraly@pooleshaffery.com. The Studio Shadowbox Studios Atlanta - Phase I (formerly Blackhall Studios) is an 850,000 square foot studio facility that has been home to such blockbuster features as 'Jumanji: The Next Level', 'Jungle Cruise' and 'Godzilla: King of the Monsters'. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. 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. Motion Picture & Television Studios; Blackhall Studios. 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 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. 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. Shadowbox currently operates soundstage campuses in Atlanta and the United Kingdom, with further active developments in the Atlanta, London, and Los Angeles metro areas. Following completion of the remaining development, the company will operate 18 stages in the London area. 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. Share this article. 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. 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. Yes, Scream VI Marketing Is Behind the Creepy Ghostface Sightings Causing Scares Across the U.S. David Oyelowo, Taylor Sheridan's 'Bass Reeves' Series at Paramount+ Casts King Richard Star Demi Singleton (EXCLUSIVE), Star Trek: Discovery to End With Season 5, Paramount+ Pushes Premiere to 2024. 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. Shadowbox is an industry leading state-of-the-art independent studio platform. 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. Other ancillary and specialty use buildings, including a catering building, gym building, and mechanical building with a substation, are located to the east and southeast of the main entrance at the intersection of Arch Street and 13th Street. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. 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. Contact Info. Sign up for THR news straight to your inbox every day. Shadowbox's Atlanta facility will go from nine soundstages to 31 across a 2 million square feet complex as demand for stage space continues to soar. Updated: 5:44 PM EDT April 28, 2021. Additional legal work was done by Farrer & Co. and King & Spalding. 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. Were pleased to offer some of the worlds top creative talent the space to bring characters and stories to life in premier soundstages backed by best-in-class production services.. Blackhall Studios and the University of Reading want to develop the purpose built studios at Thames Valley Science Park. Soundstages have been operating at or near maximum capacity in the Los Angeles area during the post-pandemic production boom. In addition, Shadowbox Studios is developing a 1.3MM square foot studio project on a 93-acre parcel in Santa Clarita, CA. For more information, please visit OPRs Accessibility Site. 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: 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. I know theyre hoping to start soon, hoping to start this year.. PressReader. Commonwealth focuses its investment activities within four main categories: Real Estate, Global Macro, Digital Assets and Opportunistic Growth. Editors' Note: Deadline's Reopening Hollywood series focuses on the complicated effort to get the industry back on its feet while ensuring . 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. Santa Clarita in Los Angeles county has reported a blockbuster year of filming in the city in 2021, following Covid disruptions in 2020. Blackhall Studios is booming and ready to expand, but preservationists fear plans for Atlanta's greatest urban . 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. By. 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.. 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. I know theyre a real group and I know theyre hoping to cross the finish line.. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. 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. 2023 Variety Media, LLC. 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. $1.25B expansion. The Los Angeles County Sheriff Civilian Oversight Commission has approved the Special Counsels Report on Los Angeles Sheriff's Department Deputy Gangs and adopted all 27 recommendations. Blackhall says the developments will create "up to 3,000 new . 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. Shadowbox has grown rapidly since its founding just five years ago. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. Blackhall plans to invest 150m in . 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. 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. 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*. Cassandra.Bujarski@FGSglobal.com / Michelle.VanWyk@FGSglobal.com / Grace.Turner@FGSglobal.com, Silver Lake In 2021 the Santa Clarita Film Office reported over 500 film permits and 1,500 location filming days. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter. The companys new investor is Silver Lake, the global private equity firm, which has agreed to put $500 million toward a $1.5 billion capital investment plan. Atlanta, GA 30316 (949) 955-3555. junio 24, 2022 Get to know the spiritual DNA of Doug Hawkins, his relationships and compatibility with you. 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. 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 . 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. Were pleased to offer some of the worlds top creative talent the space to bring characters and stories to life in premier soundstages backed by best-in-class production services..
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