Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. 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.. 2023 Media Business Insight. He added the initial study could be finished by the spring, depending on whats found during the preliminary review. 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. 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. Last modified on Wed 19 Feb 2020 02.34 EST. 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. All Rights Reserved. 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. Ft. 1300000, Acres 93.5, Employees 1500), General Plan Amendment, Site Plan, Rezone, Use Permit, Aesthetics, Air Quality, Biological Resources, Cultural Resources, Cumulative Effects, Drainage/Absorption, Economics/Jobs, Energy, Geology/Soils, Greenhouse Gas Emissions, Growth Inducement, Hazards & Hazardous Materials, Hydrology/Water Quality, Land Use/Planning, Mandatory Findings of Significance, Noise, Public Services, Sewer Capacity, Solid Waste, Transportation, Tribal Cultural Resources, Utilities/Service Systems, Vegetation, Wetland/Riparian, Wildfire, Copyright Nine buildings, which would contain 19 sound stages, would be constructed in the central portion of the Project Site, south of Placerita Creek. 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. 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. LA North Studios - Film Studio, Sound Stages, Production Commonwealth also acquired 93 acres in Santa Clarita, California, where it could develop 1M SF. 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. 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. 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. Bungalow 1300. 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. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity, said Lee Wittlinger, managing director at Silver Lake who joined Shadowboxs board with the investment. 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. Shadowbox has made these amenities front and center. 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. 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US company Blackhall Studios and the University of Reading want to build the new 150m studios . 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. While the Santa Clarita lot is a somewhat smaller property, the one-stop review request includes more development than the Atlanta lot, with more than 1 million square feet of commercial space planned. Commonwealth focuses its investment activities within four main categories: Real Estate, Global Macro, Digital Assets and Opportunistic Growth. Phone Number. The application will be available to review for a 60-day review by the public beginning on March 7 and ending on May 7. 3 reviews of Santa Clarita Studios "Some terrific shows shoot here, so much more relaxed tha Hollywood. Contact Info. Ryan Millsap - Chairman & CEO - The Blackhall Group, LLC | LinkedIn 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. 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. Los Angeles Group Buys Massive Atlanta Studio Complex For $120M 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 . Email: hbraly@pooleshaffery.com. 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.. STANFLES REALTY. 2023 State of California, Initial Study-Blackhall Studios_032822_FINAL. Santa Clarita Studios (SCS) - Your full-service independent studio Ryan Millsap, Blackhall Studios ' founder and CEO, announced the sale to. Blackhall Studios Announces New Name and New $500 Million - Variety The Los Angeles County Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. 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. Blackhall Studios plans major TV and film production facility in UK 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, the firm maintains substantial coinvestment relationships with highnetworth family offices and large institutions that provide a rapidly scalable base of investable capital. Copied The first day of competition at the National Association of Intercollegiate Athletics Indoor National Championships on Thursday, March 2 in Brookings, S.D. South DeKalb County poised to become home to Georgia's largest movie production complex DEKALB COUNTY, GA-Blackhall Global Partners, LLC (BGP) is kicking off its $250 million expansion in DeKalb County. 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 . SE. 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.. 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. For more information, please visit OPRs Accessibility Site. Shadowboxs existing footprint consists of: Los Angeles Metro Area: Shadowbox is currently developing a 19 soundstage, approximately 1.3 million square foot purpose-built studio campus in Santa Clarita. . saw The Master's University Mustang track teams break records as they moved on to the finals. The applicant or property developer is The Weber Group, according to city planners. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. Read Also: Chris Larson Wiki, Biography, Age, Net Worth, Family, Instagram, Twitter, Social Profiles & More Facts Douglas James Hawkins Net Worth. His Atlanta studio complex . Georgias uncapped film and TV tax credit incentive program has transformed the state into a major production hub since it was created in 2006. The Los Angeles County Probation Oversight Commission is holding an emergency virtual meeting today, Feb. 28, starting at 1:30 p.m. Blackhall Studios Oscar Viewing Party - Issuu Hunt C. Braly - pooleshaffery.com CEO of Georgia-based Blackhall Studios. Santa Clarita in Los Angeles county reports blockbuster year of - KFTV 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 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. 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. Latham & Watkins represented Silver Lake. 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. 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. 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'. 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,". It was founded in 2012 and is stationed in Santa Clarita, California. Blackhall says the developments will create "up to 3,000 new . Called the Riverview Project, presumably a nod to its location across Soledad Canyon Road from the Santa Clara River, the project is intended to offer commercial and residential support for another planned development thats large enough to rival any other current studio in the SCV. 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. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. The Signal is property of Paladin Multi-Media Group, Inc. completion in mid-2024. : 21-109 Lead Agency Name and Address:City of Santa Clarita 23920 Valencia Boulevard, Suite 302 Santa Clarita, CA 91355 Contact Person and Phone Number: Mike Marshall Associate Planner (661) 286-4045 Project Location: As shown in Figure 1, Regional Location Map, the Project Site lies in 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: Press & News - LA North Studios Locations. The property has been owned by the Rodeo Land Co. since 1972, according to property record listings with the L.A. County Assessors Office. California Film and Television tax credit program, Santa Clarita in Los Angeles county reports blockbuster year of filming. Plans to develop the "largest purpose-built film studio" in the UK have been put forward in Reading. Hi5 Studios | Spellbound Wiki | Fandom FilmLA Updates Annual Sound Stage Production Report 2020 The Santa Clarita Valley Signal. Blackhall . The three core values of Hi5 Studios are excellence (truth, honesty precision, discipline, candor and quality) ingenuity (creativity, imagination, spontaneity, excitement . Santa Clarita Studio Backlot Street - Santa Clarita Studios Blackhall Studios CEO takes FOX 5 on tour - FOX 5 Atlanta 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. Share this article. saw The Master's University Mustang track teams break records as they moved on to the finals. Shadowbox is currently building a 1.3 million square foot studio campus in Santa Clarita. 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. 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. 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. Following completion of the remaining development, the company will operate 18 stages in the London area. Melody Ranch Motion Picture Studio - Tripadvisor Following completion of the remaining development, the company will operate 18 stages in the London area. To obtain an attachment in a different format, please contact the lead agency at the contact information listed above. About us. 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. Staff; Board of Directors; Ambassadors; Business Improvement . Blackhall Studios Notice of Preparation Meeting on Thursday, April 21 June 18, 2020 6:14pm. For more information, visit www.shadowboxstudios.com. 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. The (Riverview) project includes a subdivision into five lots/planning areas to include a total of 318 residential units and recreation amenities, according to an email from Jason Crawford, director of community development for the city of Santa Clarita. 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. Hollywood studio plans to build film complex in Reading 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. Last year, the city estimated an economic impact of about $36 million to the local community. Blackhall Studios sold to private equity firm for $120 million Bobby Block | The Signal. 18756 Mandan St APT 1512, Santa Clarita, CA 91351. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); City planners received a request to perform a preliminary review on plans for a 93-acre lot situated at the northeast intersection of 13th and Arch streets. 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. 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.. 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. 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. 850 sqft. 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. $1.25B expansion. In addition to its existing Atlanta studio, Shadowbox Studios is currently developing three large scale content production campuses in London, Atlanta and Los Angeles. Blackhall Studios is a 165 Acre Movie Production Facility with more than 850,000 sqft under roof. 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. 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. 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. SHARE THIS ARTICLE. In addition, Shadowbox Studios is developing a 1.3MM square foot studio project on a 93-acre parcel in Santa Clarita, CA. 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. Atlanta Phase I has nine soundstages ranging in size from 19,200 to 38,400 square feet with ceiling heights of 40 feet. By Tim Dams. 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. Soundstages have been operating at or near maximum capacity in the Los Angeles area during the post-pandemic production boom. Latham & Watkins represented Silver Lake. Shadowbox Studios, formerly Blackhall Studios, Announces $500 Million In his role as Chairman at Blackhall, Ryan oversees the long and short term strategy of the studios, staying involved on a daily basis to provide leadership and direction . The studio also opened with a large building for special effects and set design, and a 30-acre backlot for . Blackhall film studio expansion to bring 2,400 jobs to metro Atlanta - ajc Additional legal work was done by Farrer & Co. and King & Spalding. 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. 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. 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.. Shadowbox has grown rapidly since its founding just five years ago. The Keystone Club at the Santa Clarita Valley Boys & Girls Club is hosting a Breaking Barriers Career Expo on March 24 and April 21. Blackhall Studios - Santa Clarita | Motion Picture & Television Studios HOLLYWOOD CHAMBER. The investment from private equity firm Silver Lake will also go toward expanding the studios footprint in London and Los Angeles. 23 days on Zillow. 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 Announces New Name and New $500 Million Investor Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder, for the investment. Georgia's film industry has been torn on the controversial Heartbeat . 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 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. The proposed project would develop 310 two-story, singlefamily, detached homes, with related infrastructure, open space, trails, recreation, and landscape elements, on 93.56 acres of land in the Placerita Canyon area of Santa Clarita, CA. Placerita Meadows Development Project - California You may also contact the OPR via email at state.clearinghouse@opr.ca.gov or via phone at (916) 445-0613. No formal application has been submitted, as the one-stop review is a preliminary move. Shadowbox currently operates soundstage campuses in Atlanta and the United Kingdom, with further active developments in the Atlanta, London, and Los Angeles metro areas. Silver Lake Invests $500 Million In Former Blackhall Studios Santa Clarita has also been further boosted by the announcement from Blackhall Studios that it is constructing a 1.34m square ft television and movie studio complex in the city, which includes 20 stages and is slated to open in 2024. The plans include a corporate rebranding. Following completion of the remaining development, the company will operate 18 stages in the London area. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. Blackhall Studios has nine large sound stages and is about to expand to become the largest movie film studio outside of China. Ryan Millsap launched the firms first production facility in Atlanta, where it was able to capitalize on Georgias 30% tax credit. Santa Clarita City Planners Reviewing Placerita Canyon Studio Project, March 15: Have Coffee With a Cop at Dicks Sporting Goods, March 4: Celebrate Mardi Gras at Old Town Newhall Farmers Market, Whittaker-Bermite Owner Partners with New Urban West to Develop Site, SCV Sheriffs Station OHV Grant Request Available for Public Review, Feb. 28: Emergency Virtual Meeting 1:30 p.m. Possible Camp Scott Impact, CNA Condemns Decision to Lift Mask, Vaccine Mandates in Health Care Settings, Friday COVID Roundup: County Records 14 Deaths, 1,343 New Cases, Civilian Oversight Panel Adopts Recommendations to Eradicate LASD Deputy Gangs, CDPH Updates COVID-19 Guidance, Health Orders, New Beehive Installed at Placerita Canyon Nature Center, Breaking Barriers Career Expo at Boys & Girls Club, Records Fall for TMU Athletes at NAIA Indoor Championship Finals, March 10: All Schools Dance at Magic Mountain, Mustangs Find Success at NAIA Swim Nationals, American Red Cross Announces March 2023 Monthlong Events, SCVi Now Recruiting Students for 2023-24 School Year, March 18: COC Hosting Discover Day for New, Potential Students, Monthly Message from City Manager March 2023 | One Story One City, March 11: LACoFDs Brush Inspection Educational Meeting for SCV Residents, Dr. Lisa Wong Appointed Director of L.A. Countys Mental Health Department, Thursday COVID Roundup: Resources to Remain After Emergency Orders End. 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. A preliminary one-stop review by the city was initiated in October 2020 by the projects previous owner, Blackhall Studios, which was sold and became Shadowbox in June 2022. The first film to be shot there was Godzilla: King of the Monsters, and it also hosted Venom and Jumanji: The Next Level.. Los Angeles Still Leads In Soundstage Space, But FilmLA Says Growth Is Outpaced By Toronto, UK & New York. SCVTV is a tax-exempt 501(c)(3) nonprofit corporation. In 2021 the Santa Clarita Film Office reported over 500 film permits and 1,500 location filming days. Cassandra.Bujarski@FGSglobal.com / Michelle.VanWyk@FGSglobal.com / Grace.Turner@FGSglobal.com, Silver Lake Sign up for THR news straight to your inbox every day. DEPARTMENT OF TRANSPORTATION District 7 Office of Regional Planning 100
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