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. Blackhall Studios. 19158 Avenue Of The Oaks UNIT B, Santa Clarita, CA 91321. Staff; Board of Directors; Ambassadors; Business Improvement . 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. As climate disasters, blood donation needs and other emergencies upend lives, local community heroes are stepping up to care for one another. Blackhall, Now Shadowbox, Secures Studio Financing - SCVNews.com Shadowbox Studios, Formerly Blackhall Studios, Announces $500 Million Strategic Investment From Silver Lake to Support Over $1.5. 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. Room for exterior set builds. 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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. The first film to be shot there was Godzilla: King of the Monsters, and it also hosted Venom and Jumanji: The Next Level.. The complex, located about 10 minutes south of downtown Atlanta, produces more than $500 million in content. . 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. 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. 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. Blackhall Studios has undergone a rebrand and plans to take a large investment to expand its existing presence on the West Coast and United Kingdom. Commonwealth Asset Management remains the majority shareholder. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter, said Adam Fisher, a director at the studio. Shadowbox is conveniently located less than 10 miles from Atlanta-Hartsfield Jackson International Airport, with hourly flights to all major cities, and only 20 miles from DeKalb-Peachtree Airport, which accommodates private, luxury jets. Its our informal review process that allows someone to propose an idea, and we provide them feedback on that concept, before they fill out any sort of formal application, Crawford said. A representative from Shadowbox was not immediately available Wednesday. 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 investment from private equity firm Silver Lake will also go toward expanding the studios footprint in London and Los Angeles. The Saugus Speedway property is probably as steeped in the SCVs historical cowboy Western tradition as any, according to information available on SCVHistory.com. The company which was bought last year by Commonwealth Asset Management will now go by Shadowbox Studios. Upon completion, the two phases will function as a single integrated campus totaling in excess of 2MM square feet. FilmLA Updates Annual Sound Stage Production Report Shadowbox Studios, formerly Blackhall Studios, Announces $500 Million CWAM's investment philosophy is to pursue investments that capitalize on our unique capabilities and core values. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. Shadowbox Studios, Formerly Blackhall Studios, Announces $500 Million 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. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. A US movie studio group behind blockbusters including Venom, Jumanji and Godzilla is to build a 150m Hollywood-style production complex in Reading . 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 facility in Atlanta has hosted productions like "Jumanji: The Next Level," "Jungle Cruise" and '"Godzilla: King of the Monsters," and the company felt a footprint in Los Angeles was . Silver Lake invests $500 million in former Blackhall studio, now called . The review is not considered a project application. ATLANTA One of Atlanta's largest production studios has been sold to Los Angeles-based private equity firm Commonwealth Group on Wednesday. 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. Hotels near Melody Ranch Motion Picture Studio: (3.29 mi) Hotel Lexen Newhall & Santa Clarita (5.59 mi) Hampton Inn Los Angeles/Santa Clarita (5.55 mi) La Quinta Inn & Suites by Wyndham Santa Clarita - Valencia (7.39 mi) Hilton Garden Inn Valencia Six Flags (6.06 mi) Hyatt Regency Valencia SCVTV is a tax-exempt 501(c)(3) nonprofit corporation. Jan 11, 2022, 3:14 PM. Lee Wittlinger, a managing director of Silver Lake, and Chip Schroeder, a Silver Lake director, will join the Shadowbox board. FGS Global 2023 Variety Media, LLC. Atlanta-based Blackhall Studios sold for $120M to California firm - Ajc Blackhall says the developments will create "up to 3,000 new . The reported sales price for Blackhall's Atlanta assets is $120 million. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. Est. I sincerely wish them well but I find it curious that sound stages are being built immediately adjacent to a Metro Rail line. LA North Studios - Film Studio, Sound Stages, Production Latham & Watkins represented Silver Lake. 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.. 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. $380,000. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. 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. Attached files are from the City of Santa Clarita announcing the Notice of Preparation for Blackhall Studios Draft EIR and the project's Initial Study (59 pages). Atlanta Studio Sparks Protests for Plan to Clearcut 200-Acre - TheWrap 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. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. Hopefully the actual stages will be as far away from that as possible for hopefully obvious reasons. PCPOA Letter to the City of Santa Clarita Regarding the Notice of 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. Blackhall is planning to more than double the size of its Atlanta complex from about 850,000 square feet to over 2 million square feet in the coming years, an expansion that would include a mix. 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. Blackhall Studios Project - California 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.. 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 . Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. Story Arc. All Rights Reserved. Shadowbox currently operates soundstage campuses in Atlanta and the United Kingdom, with further active developments in the Atlanta, London, and Los Angeles metro areas. The facility will exceed two million square feet and feature 31 soundstages upon completion of the expansion. 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. Ginger.Li@silverlake.com, Allison McLarty The residential lot sizes would range in size from 2,500 to 4,500 square feet. Atlanta, GA 30316 (949) 955-3555. The development was approved in 2020, Nguyen said. Shadowbox Makes Ambitious Plans for Newhall 2023-03-03 - BY PERRY SMITH . The Los Angeles County Board of Supervisors voted unanimously to appoint Dr. Lisa H. Wong Director of Los Angeles County Department of Mental Health during its Board meeting Tuesday. 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. The city of Santa Clarita accounted its success to their film incentive program, movie ranch overlay zone, low-cost permit fees and expedited permit processing, along with the California Film and Television tax credit program. 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. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder, for the investment. 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. 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. Blackhall Studios Lands $500M Investment From Silver Lake - Deadline Blackhall Studios Announces New Name and New $500 Million - Variety Plans to develop the "largest purpose-built film studio" in the UK have been put forward in Reading. Ryan Millsap launched the firms first production facility in Atlanta, where it was able to capitalize on Georgias 30% tax credit. 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. completion in mid-2024. The review request also includes a parking structure with six stories above ground and two subterranean levels, for 1,765 spaces. Shadowbox has made these amenities front and center. The Hollywood-DeKalb County land swap debate has reached blockbuster proportions . Integral received approval from Santa Clarita more than two years ago to build a maximum of 375 units on Bouquet Canyon Road just north of Plum Canyon, according to Nguyen. After 12 years of collaborative efforts within our community, the work of the Santa Clarita Valley Economic Development Corporation has never been more vital. 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. 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*. No formal application has been submitted, as the one-stop review is a preliminary move.
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