SE. 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. A US movie studio group behind blockbusters including Venom, Jumanji and Godzilla is to build a 150m Hollywood-style production complex in Reading . Shadowbox is currently in the environmental impact review phase for its full-service film and television studio campus near the northeast corner of 13th and Arch streets in Newhall. The Signal is property of Paladin Multi-Media Group, Inc. Cassandra Bujarski / Michelle Van Wyk / Grace Turner 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. Bungalow 1300. 25350 Magic Mountain Parkway, Suite 250 Santa Clarita, CA 91355 . The company which was bought last year by Commonwealth Asset Management will now go by Shadowbox Studios. Diamond Baseball Holdings Announces Partnership with Silver Lake, Cegid Enters Into a Definitive Agreement to Combine With Grupo Primavera, Silver Lake Enters Into Definitive Agreement to Acquire a Majority Stake in Facile.it from EQT and Oakley Capital to Support Management in the Next Phase of Growth, Making Facile Italys Second Unicorn, New Zealand Rugby (NZR) Members Give Majority Approval for Partnership with Silver Lake at Special General Meeting, Genies Raises $150 Million Series C Led By Silver Lake At A $1 Billion Valuation To Build Avatar Ecosystem Tools For Web3. All Rights Reserved. It's all the magic of downtown at a fraction of the cost, in a controlled environment. Mr. Braly has been a resident of Santa Clarita since 1989, where he resides with his wife, Pamela, and their daughter Morgan. Since then, Blackhall has rapidly built . Shadowbox would build the commercial portion and Integral, which is hoping for approval to build its second housing development in Saugus, would be responsible for the housing portion. 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. All rights reserved. *Assets estimated as of March 2022 and are inclusive of Commonwealth Asset Management LP, Commonwealth Asset Management Holdings LLC and its affiliates, constituting CWAM. 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. The stages are well designed also, enough separation for noise and traffic, close enough for quick company moves. You can be the first one to leave a comment. Millsap kept the rights to the Blackhall name in the sale. It recently completed the initial phase of developing its facility in London, which is expected to be nearly one million square feet. The Los Angeles County Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. 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. Contact Info. The application will be available to review for a 60-day review by the public beginning on March 7 and ending on May 7. 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.. 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. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. 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. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. 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.. Blackhall Studios and the University of Reading want to develop the purpose built studios at Thames Valley Science Park. 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. Additional legal work was done by Farrer & Co. and King & Spalding. 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. Commonwealth Asset Management remains the majority shareholder. Ryan Millsap of Blackhall Studios in front of Studio 8 (Photo by Maria Saporta) "This has been in the works for about a . 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,". 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. completion in mid-2024. 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. A representative from Shadowbox was not immediately available Wednesday. The facility will exceed two million square feet and feature 31 soundstages upon completion of the expansion. Shadowbox currently operates soundstage campuses in Atlanta and the United Kingdom, with further active developments in the Atlanta, London, and Los Angeles metro areas. 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. The Los Angeles County Department of Public Health confirmed Thursday no additional deaths and 29 new cases in the Santa Clarita Valley, with 16 additional deaths and 1,028 new cases countywide. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. Shadowbox has grown rapidly since its founding just five years ago. 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.. Los Angeles Still Leads In Soundstage Space, But FilmLA Says Growth Is Outpaced By Toronto, UK & New York. 2023 State of California, Initial Study-Blackhall Studios_032822_FINAL. 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.. Courtesy of Blackhall Studios Shadowbox Studios, formerly Blackhall Studios, is going all in on delivering. Santa Clarita in Los Angeles county has reported a blockbuster year of filming in the city in 2021, following Covid disruptions in 2020. 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 . 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. 850 sqft. 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. The review request also includes a parking structure with six stories above ground and two subterranean levels, for 1,765 spaces. I know theyre hoping to start soon, hoping to start this year.. NOP - Notice of Preparation of a Draft EIR, Vacant site/Non Urban (NU5) and Mixed Use Neighborhood (MX-N)/Non-Urban Residential (NU5) and MX-N. 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. Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. It appears the Saugus Speedway, a Santa Clarita Valley fixture since the 1920s, may face its final checkered flag, if a pair of developers get their way. 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 said Wednesday that project was still in the initial study phase. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. 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 has nine large sound stages and is about to expand to become the largest movie film studio outside of China. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. He added the initial study could be finished by the spring, depending on whats found during the preliminary review. 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. Mike Marshall Agency Name City of Santa Clarita Job Title Associate Planner Contact Types Lead/Public Agency Address 23920 Valencia Boulevard Suite 302 Santa Clarita, CA 91355 Phone (661) 286-4045 Email mmarshall@santa-clarita.com Location Coordinates 2423'14"N 11831'51"W Cities Santa Clarita Counties Los Angeles Regions Latham & Watkins represented Silver Lake. Editors' Note: Deadline's Reopening Hollywood series focuses on the complicated effort to get the industry back on its feet while ensuring . Purchased by Roy Baker in the 1923 and intended as a horse farm, the brother of former shoe magnate C.H. The 9-stage, 850,000 square foot studio campus opened in 2017 and plans are in place to expand the site by nearly 1.2 million square feet by 2024. April 28, 2021 Atlanta-based Blackhall Studios was sold for $120 million to a private equity firm in Los Angeles. 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. 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. The aerial view of Blackhall Studios in Atlanta, which was purchased by Commonwealth Group. The office buildings discussed would add about 200,000 square feet, and supporting warehouse buildings would include about a half-million square feet. June 18, 2020 6:14pm. In 2017, Blackhall Studios opened a 165-acre complex with over 200,000 square feet of soundstage space as well as offices and rentable workshops. 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. 19th February 2020 @ 10:48. 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*. Ginger Li The company formerly known as Blackhall Studios announced a new name and a new investor on Tuesday, as it pursues an ambitious construction agenda in Georgia, Los Angeles and the United. 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. Upon completion, the two phases will function as a single integrated campus totaling in excess of 2MM square feet. Production resumed gradually in the state where by April 2021 on-location filming in Los Angeles returned to 60% of normal levels. Blackhall Studios - Santa Clarita | Motion Picture & Television Studios HOLLYWOOD CHAMBER. Blackhall . Ryan Millsap, Blackhall Studios ' founder and CEO, announced the sale to. Peter Rumbold, a director at the studio, said the new name represents the company going forward as a symbol of both the physical and imagined spaces supported by our platform., He added, Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors.. 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. US company Blackhall Studios and the University of Reading want to build the new 150m studios . Shadowbox develops, owns, and operates purpose-built, state-of-the-art soundstage facilities uniquely positioned to meet the needs of a growing industry of creative content producers. For more information, please visit OPRs Accessibility Site. 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.. Blackhall Studios / Master Case No. 2023 Variety Media, LLC. The company has plans to build another 55 soundstages 22 in Atlanta, 14 in Shinfield and a new, 19-soundstage facility in Santa Clarita which would make it one of the largest operators in the world. Shadowbox Studios, formerly Blackhall Studios, is going all in on delivering studio space amid a global crunch, unveiling plans on Tuesday to more than double the size of its Atlanta facility. 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. The Swap Meets office is closed on Wednesday, per a number listed online for the market. 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. Sign up for THR news straight to your inbox every day. Currently the property hosts the Saugus Swap Meet at the site every Tuesday and Sunday. 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. The owner of the property is LA Railroad 93 LLC, which is a real estate investment company established by Ryan Millsap, CEO of Georgia-based Blackhall Studios. cj@cwamgroup.com, Internet Explorer presents a security risk. I always enjoy visiting our Santa Clarita Public Library Branches and seeing the wide-range of community members taking advantage of the resources, materials, books and services provided. Phone Number. The investment from private equity firm Silver Lake will also go toward expanding the studios footprint in London and Los Angeles. 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. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. Upon completion of this expansion, Shadowboxs footprint in Atlanta will total 31 soundstages and exceed two million square feet. Shadowbox currently operates an 850,000 sq ft studio facility in Atlanta with nine sound stages that have housed Jungle Cruise, Godzilla: King of the Monsters, and Jumanji: The Next Level. . 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. Commonwealth focuses its investment activities within four main categories: Real Estate, Global Macro, Digital Assets and Opportunistic Growth. Variety and the Flying V logos are trademarks of Variety Media, LLC. Georgia's film industry has been torn on the controversial Heartbeat . It's laid out in a really smart way, with parking for multiple crews and support. 23 days on Zillow. The Keystone Club at the Santa Clarita Valley Boys & Girls Club is hosting a Breaking Barriers Career Expo on March 24 and April 21. Large-scale productions require a studio with the soundstages, mill spaces and office real estate to accommodate full cast, crew and staff. While there have been plans for the site discussed in the past, it was purchased by Millsap within the last two months, according to city planners. 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. Blackhall Studios is a 165 Acre Movie Production Facility with more than 850,000 sqft under roof. Filled with the top stories to start your day, and emergency news alerts. His Atlanta studio complex, launched in 2017, spans about 150 acres, according to the studios website, and a 2019 CNBC article referred to Blackhall Studios as the third largest in the state. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder, for the investment. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. 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. Millsap originally intended to call the company Valhalla Studios, but backed down after a legal challenge from Valhalla Entertainment, producers of The Walking Dead.. 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. 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. 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. 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. Including these, the company will own and operate a portfolio of 68 soundstages and more than 4.2 million square feet of leasable area, making it one of the largest operators in the region. Chief Production Officer eric@shadowboxstudios.com, 1415 Constitution Rd SE, Atlanta, GA 30316, 3475 International Park Drive SE, Atlanta, GA 30316, 3495 International Park Drive SE, Atlanta, GA 30316, 3342 International Park Drive SE, Atlanta, GA 30316. Shadowbox, formerly Blackhall Studios, is also adopting new branding as part of the investment. The leader of a project looking to develop more than 1 million square feet of Santa Clarita sat down with the Santa Clarita Valley Business Journal inside the SCV Chamber of Commerce's office to talk about Shadowbox Studios' ambitious plans and why they're filling a vital . Santa Clarita city planners recently received an application for a "one-stop review" for a movie studio complex in . This one thats in front of us now is getting pretty far along, Crawford said. 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. 2 ba. Disclaimer: The Governors Office of Planning and Research (OPR) accepts no responsibility for the content or accessibility of these documents. Santa Clarita Valley International Charter School, the Founding School for iLEAD, a public charter school network that makes available innovative learning options for children in grades TK through 12, is recruiting new students for the 2023-24 school year through lottery applications. In addition, the firm maintains substantial coinvestment relationships with highnetworth family offices and large institutions that provide a rapidly scalable base of investable capital. 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. Use our detailed filters to find the perfect place, then get in touch with the property manager. 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. A catering facility is mentioned at approximately 22,000 square feet. SHARE THIS ARTICLE. Commonwealth Asset Management LP is a Los Angeles based asset management platform. In addition, a two-story support building would extend along the remaining portion of the western boundary (i.e., Railroad Avenue) of the Project Site, south of Placerita Creek. 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. 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. Last year, California approved a $150 million incentive plan to encourage construction of new soundstage facilities in the state. The Hollywood Reporter is a part of Penske Media Corporation. Upon completion, the campus would have an overall building area of approximately 1,293,000 square feet. Blackhall . The first film to be shot there was Godzilla: King of the Monsters, and it also hosted Venom and Jumanji: The Next Level.. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. 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 studio also opened with a large building for special effects and set design, and a 30-acre backlot for . 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. 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.. The company is also developing an additional 1.2 million square foot space including 22 new soundstages. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. 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Staff; Board of Directors; Ambassadors; Business Improvement . 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. The sound stages portion would be built by Shadowbox and intended to augment the studios Newhall plans. The Los Angeles County Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. Georgias uncapped film and TV tax credit incentive program has transformed the state into a major production hub since it was created in 2006. junio 24, 2022 Get to know the spiritual DNA of Doug Hawkins, his relationships and compatibility with you. Atlanta-based Blackhall Studios has unveiled plans to build a major studio complex for film and television productions in Reading in the UK. His Atlanta studio complex . 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. A one-stop review is a preliminary process the city offers to anyone considering the proposal of a project in front of the Planning Commission, said Jason Crawford, economic development director for the city of Santa Clarita. 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. 19158 Avenue Of The Oaks UNIT B, Santa Clarita, CA 91321. When reached by phone Wednesday, Doug Bonelli indicated he was bound by a confidentiality agreement that precluded him from making an announcement, acknowledging the history of the property and the companys nearly three dozen employees who would be impacted. Blackhall Studios - Santa Clarita Santa Clarita: Up to 20: 500,000: Purpose-built facility on a 50-acre parcel. After 12 years of collaborative efforts within our community, the work of the Santa Clarita Valley Economic Development Corporation has never been more vital. saw The Master's University Mustang track teams break records as they moved on to the finals. Prime Video's comedy feature Grand Death Lotto to shoot next week, Part two of Kevin Costner Western film series Horizon underway in Utah, LeBron James' sports drama Rez Ball to film in New Mexico for Netflix, Choose from three profile types - Basic, Silver and Gold. The Santa Clarita Valley in total has more than 30 sound stages and 10 movie ranches, according to the citys Film Office figures from December.