For a time stages 12 and 14 became indoor tennis courts. A rendering shows a planned movie studio, Sunset Glenoaks Studios, in the Sun Valley neighborhood of Los Angeles. The Sunset portfolio includes more than 60 stages across five lots in Los Angeles and the U.K. This investment reflects both our high conviction in content creation, a space that is benefitting from strong, secular tailwinds, and our long-term commitment to the Los Angeles market. Hudson Pacific, Blackstone To Build New Sunset Glenoaks Studio - Deadline Read Next: Why Sylvester Stallone Is Not in Creed 3, Georgia Lawmakers to Review States $1.3 Billion Film Credit, Jussie Smollett Appeals 150-Day Jail Sentence in Hate Crime Hoax, IATSE Accelerates VFX Industry Organizing Drive with Release of Working Conditions Survey, Harry Potter Star Evanna Lynch: I Wish People Would Give J.K. 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Cole: This Song Opens a Door to My Next Chapter, 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. You will be redirected back to your article in. Seven years ago, a developer floated a plan to build a new TV and film production facility on the site of an old gravel pit in the San Fernando Valley. The pair will develop Sunset Glenoaks Studios, which forms part of three existing Sunset studios in Hollywood also jointly owned by Hudson Pacific and funds managed by Blackstone. Studio. Burbank Village Apartments 12244 Burbank Blvd is an apartment building with 2 floorplans, and studio-1 bedroom units available. It required a 440-ton crawler crane to lift these 70-foot concrete . It was also used in the seventies as a music rehearsal facility catering to musicians such as Elton John, Fleetwood Mac, The Eagles, Led Zeppelin, Ringo Starr, Frank Zappa, and Olivia Newton-John. Hudson Pacific On Path to Develop Seven West Coast Studio and. 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. Last week, Hudson Pacific Properties and Blackstone announced plans for Sunset Glenoaks Studios, a project which would rise from a currently vacant 10-acre site at 11100-11220 W. Peoria Street. 2.We own 50% of the ownership interests in the unconsolidated joint venture that owns Sunset Glenoaks Studios. All dimensions are approximate. It will be the fourth such property managed by the two firms, and bring their total to 42 sound stages. Not all features are available in every apartment. Sunset Glenoaks Studios. 343 Pioneer Dr - 343 Pioneer Dr unit 1103 | Glendale, CA Houses for a leading real estate investment trust based in Los Angeles and owner/operator of Sunset Studios. We and our partners use cookies to Store and/or access information on a device. Sunset Glenoaks is being planned by Hudson Pacific and its partner Blackstone. The 10-acre site in the Valley, now named Sunset . Construction is expected to be completed in the third quarter of 2023 at a cost of $170-$190 million. Liberals blast Sen. Kyrsten Sinema as racist, 'bigot' for opposing It has building amenities including onsite management, fitness center, on site laundry, garage parking, roof deck, and outdoor space. Hudson Pacific, Blackstone Launch Big Studio Project The developer applied for a building permit in April, but has not received it yet, according to city planning records. "Unique to Glen Oaks Big Sur, you have access to acres of prime hiking trails, the Big Sur River, and redwood groves". In November 2004, Sunset Gower Studios was purchased by GI Partners for an estimated $105 million, and in 2006 began construction on a six-story building for Technicolor SA. Big players have been jumping in. The Sunset Glenoaks studio has been delayed for seven years, and now stands to be first line for a new tax credit. The companies said the 240,000sqft studio situated on over 10 acres, which will cost between $170-190m to develop, is expected to be completed in the third quarter of . Sunset Studios has played a critical role in Hollywood for over 100 years. provided the loan, property records show. 8-K: Hudson Pacific Properties, Inc. - MarketWatch 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. Hudson Pacific, Blackstone Score Construction Loan for Sunset Glenoaks Production studio planned for San Fernando Valley (PHOTOS) PARTNER CONTENT. About 616 Golden Gate Pt #7. A show stopper is this direct front 2nd floor residence. When Sunset Glenoaks is complete, Hudson Pacific and Blackstones Sunset Studios brand will have 42 soundstages, and the owners said they are pursuing other expansion opportunities in Los Angeles, New York, London and Vancouver, Canada. Mark Lammas, president of Hudson, said during the quarterly earnings call that the firm expects Sunset Glenoaks to generate approximately $15 million of new annual income once its operational. Sunset Glenoaks Studios - Snyder Langston A rendering shows a planned movie studio, Sunset Glenoaks Studios, in the Sun Valley neighborhood of Los Angeles. Hudson Pacific On Path to Develop Seven West Coast Studio and Office The Registry-November 2, 2021 0. Last updated March 1 2023 at 10:45 AM. Sunset Glenoaks is a perfect example of our long-term strategy with Blackstone to buy and transform existing facilities and to build new, state-of-the-art studios within Los Angeles and other high-priority production markets weve identified for expansion, said Hudson Pacific Properties chairman Victor Coleman in a prepared statement. This Week's LA Deal Sheet (August 8, 2021) - Bisnow A new movie studio is planned for the San Fernando Valley - Los Angeles The property was home to a gravel mining operation until 1974, when it was filled in and left vacant. 10-K: HUDSON PACIFIC PROPERTIES, L.P. - MarketWatch . Construction of Sunset Glenoaks Studios is slated to begin this year. Victor Coleman, chairman-CEO of Hudson Pacific called Sunset Glenoaks a perfect example of our long-term strategy with Blackstone to buy and transform existing facilities and to build new, state-of-the-art studios within Los Angeles and other high-priority production markets weve identified for expansion.. $170 Million Movie Studio Coming to Sun Valley It is located in the Valley Village neighborhood of 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. With many projects in the planning process, the company is also wrapping construction on One Westside, a 584,000 square-foot creative office project in Los Angeles. 1012 Glen Oaks Ct Austin TX 78702 - Apartment Finder About Sunset Studios The Poverty Row area of Hollywood, bounded by Sunset Boulevard on the North, Gower Street on the West, and Beachwood Drive on the East, was a collection of small warehouses and offices where independent film makers gathered to buy "short ends" of film from the major studios, in order to create their "great American dreams". Sunset Glenoaks Studio Project Delayed Long Enough to Get Tax Credit The primary bedroom is filled with natural light and hosts its . Property to join the Sunset Studios brand family as Sunset Glenoaks Studios LOS ANGELES and NEW YORK (July 29, 2021)Hudson Pacific Properties, Inc. ("Hudson Pacific") (NYSE: HPP) and Blackstone (NYSE: BX) today unveiled plans to develop a fully entitled, state-of-the-art, purpose-built studio facility in Sun Valley, California. California's Sunset Studios Expanding To UK's - Yahoo! The Sunset Studios brand already includes three existing studios in Hollywood Sunset Gower Studios, Sunset Bronson Studios and Sunset Las Palmas Studios also jointly owned by Hudson Pacific and funds managed by Blackstone in a deal announced a year ago. 1. A rendering of a production office at Sunset Glenoaks Studios. We are customizing your profile His memorial service was held on stages 12 and 14 at the studios (there is no stage 13). 5 min read. We want to hear from you! Though the project was approved by the Los Angeles City Council in 2015, it appears that productions that shoot at Sunset Glenoaks will qualify to claim the incentive. Hudson Pacific Properties and Blackstone are planning a ground-up studio facility in Sun Valley. This field is for validation purposes and should be left unchanged. Two bedrooms 1 and 1/2 bath townhome for lease in desirable N/W Glendale above Glenoaks. 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. 2 Bd, 1 Ba 1 Half Ba. Sunset Gower Studios is a 14-acre (57,000 m 2) television and movie studio at the corner of Sunset Boulevard and Gower Street in Hollywood, California. 2. New York-based RBC Real Estate Capital Partners provided the loan, property records show. It would be the first such project built in Los Angeles in decades, and it would help stop shows from fleeing to other states.
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