Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. 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 - Condo for sale. 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. LA North Studios, a Santa Clarita-based entertainment company, has cut a deal to open a fourth soundstage for TV and film production in . Blackhall Studios offers complete services for all types and sizes of productions from small independent films to scripted television series to tent pole movies, according to the studios website. Ginger Li The company which was bought last year by Commonwealth Asset Management will now go by Shadowbox Studios. 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. 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. Production resumed gradually in the state where by April 2021 on-location filming in Los Angeles returned to 60% of normal levels. $1.25B expansion. Ryan Millsap launched the firms first production facility in Atlanta, where it was able to capitalize on Georgias 30% tax credit. Shadowbox is an industry leading state-of-the-art independent studio platform. 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. The reported sales price for Blackhall's Atlanta assets is $120 million. 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. ATLANTA One of Atlanta's largest production studios has been sold to Los Angeles-based private equity firm Commonwealth Group on Wednesday. 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. It recently completed the initial phase of developing its facility in London, which is expected to be nearly one million square feet. Copied As climate disasters, blood donation needs and other emergencies upend lives, local community heroes are stepping up to care for one another. A US movie studio group behind blockbusters including Venom, Jumanji and Godzilla is to build a 150m Hollywood-style production complex in Reading . The tax credits, along with record output of scripted content, has led major studios to shoot tentpole projects, including Black Panther: Wakanda Forever, Creed III and Tales of the Walking Dead, in Georgia. Locations. Editors' Note: Deadline's Reopening Hollywood series focuses on the complicated effort to get the industry back on its feet while ensuring . 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 first day of competition at the National Association of Intercollegiate Athletics Indoor National Championships on Thursday, March 2 in Brookings, S.D. 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.. Latham & Watkins represented Silver Lake. Netflix . 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: All Rights Reserved. The application will be available to review for a 60-day review by the public beginning on March 7 and ending on May 7. Disclaimer: The Governors Office of Planning and Research (OPR) accepts no responsibility for the content or accessibility of these documents. He plans to launch a new streaming service, Blackhall Americana, next year with original action-adventure content. Filled with the top stories to start your day, and emergency news alerts. We continue to be a film-friendly City and ensure our beautiful valley remains a top choice for productions now and well into the future.. 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. Visit Website; Request Info; 1415 Constitution Rd. Motion Picture & Television Studios; Blackhall Studios. The $500 million expansion will add 1.2 million square feet and 22 new soundstages to Shadowboxs Atlanta location, making it one of the biggest production facilities in Georgia and in the U.S. South. 19th February 2020 @ 10:48. The announcement was made two months after Sky revealed its own plans for a new 14-stage site beside the current Elstree Studios in Hertfordshire in a boost for the creative economy. : 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 Staff; Board of Directors; Ambassadors; Business Improvement . Application filing will be held for one week and begins Friday, March 3 and will close on Thursday, March 9. Georgias uncapped film and TV tax credit incentive program has transformed the state into a major production hub since it was created in 2006. 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. Commonwealth Asset Management remains the majority shareholder. Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. 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. 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. Commonwealth focuses its investment activities within four main categories: Real Estate, Global Macro, Digital Assets and Opportunistic Growth. 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. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. Sign up for THR news straight to your inbox every day. CWAM's investment philosophy is to pursue investments that capitalize on our unique capabilities and core values. 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. And in the LA metro area, it is currently developing 19 soundstages in Santa Clarita, a nearly 1.3 million square foot purpose-built studio complex. The stages are well designed also, enough separation for noise and traffic, close enough for quick company moves. 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. SE. In 2021 the Santa Clarita Film Office reported over 500 film permits and 1,500 location filming days. Several other companies have announced plans to expand existing soundstages or build new ones in the last couple of years. Santa Clarita city planners recently received an application for a "one-stop review" for a movie studio complex in . 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. 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. 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, visit www.shadowboxstudios.com. Millsap sold the nine-soundstage Blackhall Studios campus in Atlanta, one of the state's largest film and television production facilities, to Los Angeles private equity firm Commonwealth Asset. 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 Large-scale productions require a studio with the soundstages, mill spaces and office real estate to accommodate full cast, crew and staff. We offer a range of display advertising opportunities. "LA North Studios has unrivaled sound stages, studio and office space within the Los Angeles thirty-mile zone, that makes it the perfect location for the success of any television production. 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 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. I know theyre a real group and I know theyre hoping to cross the finish line.. Shadowbox is currently building a 1.3 million square foot studio campus in Santa Clarita. 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. Shadowbox has grown rapidly since its founding just five years ago. 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 move is part of California's attempts to keep up with the increase in demand of TV and film production in Hollywood. Blackhall . The review is not considered a project application. 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. 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. 25350 Magic Mountain Parkway, Suite 250 Santa Clarita, CA 91355 . The new studio comes through an agreement with the nearby University of Reading, and will be built at Thames Valley Science Park. 2023 The Hollywood Reporter, LLC. 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. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. Commonwealth also acquired 93 acres in Santa Clarita, California, where it could develop 1M SF. 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. 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. Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. The aerial view of Blackhall Studios in Atlanta, which was purchased by Commonwealth Group. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. 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. The Los Angeles County Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. The residential lot sizes would range in size from 2,500 to 4,500 square feet. Ryan Millsap of Blackhall Studios in front of Studio 8 (Photo by Maria Saporta) "This has been in the works for about a . *Assets estimated as of March 2022 and are inclusive of Commonwealth Asset Management LP, Commonwealth Asset Management Holdings LLC and its affiliates, constituting CWAM. 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. The Swap Meets office is closed on Wednesday, per a number listed online for the market. Shadowbox Studios, Formerly Blackhall Studios, Announces $500 Million Strategic Investment From Silver Lake to Support Over $1.5. Share this article. The review request also includes a parking structure with six stories above ground and two subterranean levels, for 1,765 spaces. 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. 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..
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