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I know theyre a real group and I know theyre hoping to cross the finish line.. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter. Commonwealth Asset Management remains the majority shareholder. Last year, California approved a $150 million incentive plan to encourage construction of new soundstage facilities in the state. Staff; Board of Directors; Ambassadors; Business Improvement . The investment from private equity firm Silver Lake will also go toward expanding the studios footprint in London and Los Angeles. SE. Georgias uncapped film and TV tax credit incentive program has transformed the state into a major production hub since it was created in 2006. Shadowbox currently operates soundstage campuses in Atlanta and the United Kingdom, with further active developments in the Atlanta, London, and Los Angeles metro areas. 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. : 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 June 14, 2022 1:50pm The original Blackhall Studios in Atlanta Blackhall Studios Soundstage operator Shadowbox Studios announced a strategic $500 million investment from tech investor. The company which was bought last year by Commonwealth Asset Management will now go by Shadowbox Studios. Application filing will be held for one week and begins Friday, March 3 and will close on Thursday, March 9. 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. A catering facility is mentioned at approximately 22,000 square feet. Blackhall Studios / Master Case No. The Los Angeles County Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. SCVTV is a tax-exempt 501(c)(3) nonprofit corporation. Santa Clarita Studios' new $5 million redesign and expansion of our backlot streets includes over 600 feet of facades, multiple streets and angles, several buildings with interiors, and an alley. [Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail. A US movie studio group behind blockbusters including Venom, Jumanji and Godzilla is to build a 150m Hollywood-style production complex in Reading . Ryan Millsap launched the firms first production facility in Atlanta, where it was able to capitalize on Georgias 30% tax credit. The plans include a corporate rebranding. Plans to develop the "largest purpose-built film studio" in the UK have been put forward in Reading. April 4, 2022 / News. 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. Shadowbox Studios, Formerly Blackhall Studios, Announces $500 Million Strategic Investment From Silver Lake to Support Over $1.5. The review process, which started about 10 days ago, generally takes about five weeks, which could change depending on the project. 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. Variety is a part of Penske Media Corporation. 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. Read Also: Chris Larson Wiki, Biography, Age, Net Worth, Family, Instagram, Twitter, Social Profiles & More Facts Douglas James Hawkins Net Worth. The company is also developing an additional 1.2 million square foot space including 22 new soundstages. Allison.McLarty@edelman.com, Commonwealth Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. 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 Kingdom. Blackhall Studios and the University of Reading want to develop the purpose built studios at Thames Valley Science Park. Following completion of the remaining development, the company will operate 18 stages in the London area. The studio also opened with a large building for special effects and set design, and a 30-acre backlot for . The property has been owned by the Rodeo Land Co. since 1972, according to property record listings with the L.A. County Assessors Office. 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.. Commonwealth focuses its investment activities within four main categories: Real Estate, Global Macro, Digital Assets and Opportunistic Growth. Ginger.Li@silverlake.com, Allison McLarty 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. $1.25B expansion. Shadowbox Makes Ambitious Plans for Newhall 2023-03-03 - BY PERRY SMITH . Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. 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.. Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. Blackhall which is controlled by California-based Commonwealth Real Estate LP would invest an estimated $380 million and bring more than 2,400 film- and production-related jobs to an area. Sign up for THR news straight to your inbox every day. Shadowbox, formerly Blackhall Studios, is also adopting new branding as part of the investment. 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. Shadowbox, an international studio with very ambitious plans underway for Placerita Canyon, is looking to partner with home builder Integral on an auxiliary project that would use 35 acres of the historic property, which last hosted racing in 1995 and is now home to the twice-weekly Santa Clarita Swap Meet. All rights reserved. Latham & Watkins represented Silver Lake. Visit Website; Request Info; 1415 Constitution Rd. For more information, please visit OPRs Accessibility Site. Updated: 5:44 PM EDT April 28, 2021. As climate disasters, blood donation needs and other emergencies upend lives, local community heroes are stepping up to care for one another. 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 (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. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter. PressReader. Citywide, Countywide, Southern California, 2834-001-014, -008-039, -010-043, -011-021, -011-271, -021-134, -021-270, -021-271, Newhall ES, Peachland ES, Old Orchard ES, see other info, Newhall Creek, Placerita Creek, Santa Clara River, Remainder of schools: McGrath ES, Wiley Canyon ES, Placerita JHS, Hart HS, California Air Resources Board (ARB), California Department of Conservation (DOC), California Department of Fish and Wildlife, South Coast Region 5 (CDFW), California Department of Forestry and Fire Protection (CAL FIRE), California Department of Parks and Recreation, California Department of Water Resources (DWR), California Governor's Office of Emergency Services (OES), California Highway Patrol (CHP), California Natural Resources Agency, California Public Utilities Commission (CPUC), California Regional Water Quality Control Board, Los Angeles Region 4 (RWQCB), California State Lands Commission (SLC), Department of Toxic Substances Control, Office of Historic Preservation, State Water Resources Control Board, Division of Drinking Water, State Water Resources Control Board, Division of Water Quality, California Native American Heritage Commission (NAHC), California Department of Transportation, District 7 (DOT), California Native American Heritage Commission (NAHC), California Department of Transportation, District 7 (DOT), Commercial (Sq. - Condo for sale. Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. 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. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder, for the investment. Millsap has been a big part of that growth, launching Blackhall Studios in 2007. 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. 23 days on Zillow. Latham & Watkins represented Silver Lake. Atlanta, GA June 14, 2022 Shadowbox Studios (Shadowbox), a premium operator of purpose-built soundstage facilities, today announced a strategic investment from Silver Lake, the global leader in technology investing. Upon completion, the two phases will function as a single integrated campus totaling in excess of 2MM square feet. 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. The application will be available to review for a 60-day review by the public beginning on March 7 and ending on May 7. 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. 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 sound stages portion would be built by Shadowbox and intended to augment the studios Newhall plans. The studio spans over 100 acres and features 9 soundstages totaling 200,000 square feet with 650,000 square feet of support space including warehouse, mill and office space. Filled with the top stories to start your day, and emergency news alerts. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. 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. Commonwealth focuses its investment activities within four main categories: Real Estate, Global Macro, Digital Assets and Opportunistic Growth. US company Blackhall Studios and the University of Reading want to build the new 150m studios . Disclaimer: The Governors Office of Planning and Research (OPR) accepts no responsibility for the content or accessibility of these documents. The Keystone Club at the Santa Clarita Valley Boys & Girls Club is hosting a Breaking Barriers Career Expo on March 24 and April 21. Additional legal work was done by Farrer & Co. and King & Spalding. 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. saw The Master's University Mustang track teams break records as they moved on to the finals. In a press release on Tuesday, Peter Rumbold, Commonwealths head of real estate, said the new name is intended to evoke the physical and imagined spaces supported by our platform., Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors, he said. The Saugus Speedway property is probably as steeped in the SCVs historical cowboy Western tradition as any, according to information available on SCVHistory.com. April 28, 2021 Atlanta-based Blackhall Studios was sold for $120 million to a private equity firm in Los Angeles. Cassandra Bujarski / Michelle Van Wyk / Grace Turner 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. 19th February 2020 @ 10:48. 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 reported sales price for Blackhall's Atlanta assets is $120 million. On May 10, 2022, PCPOA sent a letter to the City of Santa Clarita in response to the Notice of Preparation of Draft Environmental Impact Report and Initial Study for the Proposed Blackhall Studios Project. The first day of competition at the National Association of Intercollegiate Athletics Indoor National Championships on Thursday, March 2 in Brookings, S.D. 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.. Bobby Block | The Signal. 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 investing. 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. "Santa Clarita has a rich history of film production and location filming, and we are thrilled to see the numbers have rebounded from the pandemic shutdowns, said Santa Clarita mayor, Laurene Weste. Blackhall . 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. 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. 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 . . 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. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. SHARE THIS ARTICLE. 2020 The Santa Clarita Valley Signal. I know theyre hoping to start soon, hoping to start this year.. Millsap originally intended to call the company Valhalla Studios, but backed down after a legal challenge from Valhalla Entertainment, producers of The Walking Dead.. A representative from Shadowbox was not immediately available Wednesday. Jan 11, 2022, 3:14 PM. The review is not considered a project application. Blackhall Studios joined Atlanta's film scene in early 2017, opening in Metro Atlanta with nine sound stages ranging in size from 20,000 to 40,000 square feet, including one that is the tallest in the state (ceiling height of 55 feet). He added the initial study could be finished by the spring, depending on whats found during the preliminary review. 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. It's all the magic of downtown at a fraction of the cost, in a controlled environment. Additional legal work was done by Farrer & Co. and King & Spalding. Map; What's Nearby? The Hollywood-DeKalb County land swap debate has reached blockbuster proportions . Blackhall Studios (to be rebranded as Shadowbox Studios) in Atlanta. 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. . 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. 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. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation.