The community is invited to attend a meeting on Thursday, April 21, 2022 starting at 6 p.m. at City Hall in the Century Conference Room located at 23920 Valencia Blvd. 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*. $380,000. 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. Charlotte Jerbic 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. Commonwealth also acquired 93 acres in Santa Clarita, California, where it could develop 1M SF. 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: FGS Global Hopefully the actual stages will be as far away from that as possible for hopefully obvious reasons. 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. 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 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. 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 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. Variety is a part of Penske Media Corporation. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. Millsap announced expansion plans in the U.K. and in Santa Clarita, just north of Los Angeles, before selling the company in 2021 for $120 million. The Bonelli family owns Rodeo Land Co. 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. 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. The move is part of California's attempts to keep up with the increase in demand of TV and film production in Hollywood. For more information, visit www.shadowboxstudios.com. The Signal is property of Paladin Multi-Media Group, Inc. 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. 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 . 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. The company which was bought last year by Commonwealth Asset Management will now go by Shadowbox Studios. For more information, visit www.shadowboxstudios.com. 25350 Magic Mountain Parkway, Suite 250 Santa Clarita, CA 91355 . "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. The completed expansion of the studio will see it having an additional 22 new sound stages and an extra 1.2 million sq ft in space. Latham & Watkins represented Silver Lake. 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. Millsap originally intended to call the company Valhalla Studios, but backed down after a legal challenge from Valhalla Entertainment, producers of The Walking Dead.. 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. A US movie studio group behind blockbusters including Venom, Jumanji and Godzilla is to build a 150m Hollywood-style production complex in Reading . 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. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. Blackhall Studios / Master Case No. Shadowbox, formerly Blackhall Studios, is also adopting new branding as part of the investment. 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. 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. 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. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. Los Angeles Still Leads In Soundstage Space, But FilmLA Says Growth Is Outpaced By Toronto, UK & New York. 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. To learn more about Database Works and our custom software solutions, please request a demo. 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. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. 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 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'. Blackhall Studios. 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. Use our detailed filters to find the perfect place, then get in touch with the property manager. 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. Baker started hosting rodeos on the property in 1926, ostensibly to attract buyers for his horses, according to an SCVHistory.com post about the property. His Atlanta studio complex . 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. 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. Following completion of the remaining development, the company will operate 18 stages in the London area. saw The Master's University Mustang track teams break records as they moved on to the finals. SCVTV is a tax-exempt 501(c)(3) nonprofit corporation. The Swap Meets office is closed on Wednesday, per a number listed online for the market. 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. [Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail. 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. Additional legal work was done by Farrer & Co. and King & Spalding. Since then, Blackhall has rapidly built . The first film to be shot there was Godzilla: King of the Monsters, and it also hosted Venom and Jumanji: The Next Level.. Blackhall Studios opened in 2017 and is one of the largest studio complexes in Georgia. Additionally, Blackhall Global Partners is developing in the Los Angeles metro with a new state-of-the-art, 19-stage facility in Santa Clarita which is expected to open in 2025. 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. 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.. Following completion of the remaining development, the company will operate 18 stages in the London area. 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. To obtain an attachment in a different format, please contact the lead agency at the contact information listed above. 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. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. Pictured is the current Blackhall Studios complex. $1.25B expansion. Updated: 5:44 PM EDT April 28, 2021. 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 County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. 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. Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. STANFLES REALTY. 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. 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. The Los Angeles County Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. Commonwealth Asset Management remains the majority shareholder. 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. 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. 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 (to be rebranded as Shadowbox Studios) in Atlanta. The development was approved in 2020, Nguyen said. For more information, visit www.shadowboxstudios.com. Currently the property hosts the Saugus Swap Meet at the site every Tuesday and Sunday. Est. 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. The reported sales price for Blackhall's Atlanta assets is $120 million. Ginger.Li@silverlake.com, Allison McLarty Phone Number. 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. The facility will exceed two million square feet and feature 31 soundstages upon completion of the expansion. - Condo for sale. Millsap kept the rights to the Blackhall name in the sale. I know theyre a real group and I know theyre hoping to cross the finish line.. All Rights Reserved. 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 Los Angeles County Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. Also, with all the open areas, lunch /crafty can set up anywhere. By Tim Dams. 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. In addition to its existing Atlanta studio, Shadowbox Studios is currently developing three large scale content production campuses in London, Atlanta and Los Angeles. Soundstages have been operating at or near maximum capacity in the Los Angeles area during the post-pandemic production boom. Mr. Braly has been a resident of Santa Clarita since 1989, where he resides with his wife, Pamela, and their daughter Morgan. 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.. 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. Shadowbox is currently building a 1.3 million square foot studio campus in Santa Clarita. 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. Shadowbox's Atlanta facility will go from nine soundstages to 31 across a 2 million square feet complex as demand for stage space continues to soar. 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. 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. Shadowbox has made these amenities front and center. 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. 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. Valencia >> In a real estate deal that stressed location, location, location, an investor group has bought the Santa Clarita Valley production studio where CBS drama "NCIS" shoots for $19.3 . Blackhall Studios (to be rebranded as Shadowbox Studios) in Atlanta. 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. The applicant or property developer is The Weber Group, according to city planners. 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. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. I sincerely wish them well but I find it curious that sound stages are being built immediately adjacent to a Metro Rail line. 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. The post notes that cowboy actor Hoot Gibson purchased it in 1930, continuing its use as a rodeo venue that attracted the likes of William S Hart, Tom Mix and John Wayne, until it was sold to William Bonelli. All Rights Reserved. We'll be glad to show you how our systems can streamline your data, campus security and inventory management operations. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. 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. Motion Picture & Television Studios; Blackhall Studios. 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. 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. 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. 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. Blackhall plans to invest 150m in . Street Address: 901 Dove Street, Suite 270 City: Newport Beach Province/State: CA Bonelli lived out his life in Mexico as a fugitive after his 1939 indictment, according to SCV History, but the racing remained a fixture in the area until July 1995, when the tracks owners announced races would no longer be held at the speedway due to the deterioration of its grandstands. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. The commercial portion is proposed as the Shadowbox Studios, which consists of six 11,000-square-foot sound stages and a parking structure.. 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. After 12 years of collaborative efforts within our community, the work of the Santa Clarita Valley Economic Development Corporation has never been more vital. PressReader. Blackhall Studios and the University of Reading want to develop the purpose built studios at Thames Valley Science Park. 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. The Covid-19 pandemic slowed down film and TV production in Calfornia, almost driving the industry to a halt in the summer of 2020, which resulted in projects relocating, such as Hulu limited series Nine Perfect Strangers moving to Australia. 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 initial phase of the studio comprises approximately 150,000 square feet and is operational and fully leased, with the remainder of the nearly 1MM square foot project currently under construction. Santa Clarita 661-290-2991. 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..
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