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25350 Magic Mountain Parkway, Suite 250 Santa Clarita, CA 91355 . 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. 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. saw The Master's University Mustang track teams break records as they moved on to the finals. Attached files are from the City of Santa Clarita announcing the Notice of Preparation for Blackhall Studios Draft EIR and the project's Initial Study (59 pages). 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. saw The Master's University Mustang track teams break records as they moved on to the finals. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. Following completion of the remaining development, the company will operate 18 stages in the London area. A catering facility is mentioned at approximately 22,000 square feet. The first day of competition at the National Association of Intercollegiate Athletics Indoor National Championships on Thursday, March 2 in Brookings, S.D. The stages are well designed also, enough separation for noise and traffic, close enough for quick company moves. The event also resulted in support . 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. Blackhall Studios - Santa Clarita | Motion Picture & Television Studios HOLLYWOOD CHAMBER. 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 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.. 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. 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. 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Rowling More Grace and Listen to Her, Britain's $4 Billion Boss: ITV Chief Carolyn McCall Bets It All on Talent, 2023 Music Festivals: How to Buy Tickets to Coachella, Governors Ball, Lollapalooza and More. 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. Our state-of-the-art facilities physically exist as shadowboxes where our clients can execute their artistic endeavors. 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. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter. 2023 Media Business Insight. 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,". Blackhall Studios - Santa Clarita Santa Clarita: Up to 20: 500,000: Purpose-built facility on a 50-acre parcel. Room for exterior set builds. CWAM's investment philosophy is to pursue investments that capitalize on our unique capabilities and core values. 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 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. The three core values of Hi5 Studios are excellence (truth, honesty precision, discipline, candor and quality) ingenuity (creativity, imagination, spontaneity, excitement . 18756 Mandan St APT 1512, Santa Clarita, CA 91351. 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. Subscribe for full access to The Hollywood Reporter. 2023 State of California, Initial Study-Blackhall Studios_032822_FINAL. 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. Blackhall Studios opened in 2017 and is one of the largest studio complexes in Georgia. 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. All Rights Reserved. Blackhall Studios - based in Atlanta, Georgia - said its first foray overseas and into the UK market would deliver "the largest purpose-built film studio and digital creative hub complex in the UK". The company which was bought last year by Commonwealth Asset Management will now go by Shadowbox Studios. 2 ba. Commonwealth focuses its investment activities within four main categories: Real Estate, Global Macro, Digital Assets and Opportunistic Growth. The Los Angeles County Department of Public Health today confirmed 14 new deaths throughout L.A. County, 1,343 new cases countywide and 36 new cases in the Santa Clarita Valley. - Condo for sale. Copied 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.. 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. 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.. 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Countys Mental Health Department, Thursday COVID Roundup: Resources to Remain After Emergency Orders End. Georgias uncapped film and TV tax credit incentive program has transformed the state into a major production hub since it was created in 2006. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. Also, with all the open areas, lunch /crafty can set up anywhere. Georgia's film industry has been torn on the controversial Heartbeat . 850 sqft. 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 Department of Parks and Recreation, Castaic Lake State Recreation Area is hiring for cashier-clerk positions. You can be the first one to leave a comment. Commonwealth Asset Management LP is a Los Angeles based asset management platform. Supporting large-scale productions with best-in-class service is Shadowboxs bread and butter. 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. Blackhall Studios has nine large sound stages and is about to expand to become the largest movie film studio outside of China. 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. 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 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. 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. Shadowbox Makes Ambitious Plans for Newhall 2023-03-03 - BY PERRY SMITH . 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. 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. Millsap kept the rights to the Blackhall name in the sale. The office buildings discussed would add about 200,000 square feet, and supporting warehouse buildings would include about a half-million square feet. 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. 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.. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. California Film and Television tax credit program, Santa Clarita in Los Angeles county reports blockbuster year of filming. Latham & Watkins represented Silver Lake. 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 aerial view of Blackhall Studios in Atlanta, which was purchased by Commonwealth Group. 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. 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. Filled with the top stories to start your day, and emergency news alerts. 2 bds. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. 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.. Est. 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. 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. The Project Applicant proposes to develop a full-service film and television studio campus on the Project Site that would consist of 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. Lee Wittlinger, a managing director of Silver Lake, and Chip Schroeder, a Silver Lake director, will join the Shadowbox board. June 18, 2020 6:14pm. The campus spans 165 acres and has 850,000 square feet of interior space across nine sound stages. 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Countys Mental Health Department, Thursday COVID Roundup: Resources to Remain After Emergency Orders End. Pictured is the current Blackhall Studios complex. Blackhall says the developments will create "up to 3,000 new . 23 days on Zillow. 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 its existing Atlanta studio, Shadowbox Studios is currently developing three large scale content production campuses in London, Atlanta and Los Angeles. 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 Hollywood-DeKalb County land swap debate has reached blockbuster proportions . 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. 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 Signal is property of Paladin Multi-Media Group, Inc. 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. 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. For more information, visit www.shadowboxstudios.com. 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. PressReader. The Keystone Club at the Santa Clarita Valley Boys & Girls Club is hosting a Breaking Barriers Career Expo on March 24 and April 21. ATLANTA One of Atlanta's largest production studios has been sold to Los Angeles-based private equity firm Commonwealth Group on Wednesday. Blackhall is planning to more than double the size of its Atlanta complex from about 850,000 square feet to over 2 million square feet in the coming years, an expansion that would include a mix. US company Blackhall Studios and the University of Reading want to build the new 150m studios . $380,000. 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. You may also contact the OPR via email at [email protected] or via phone at (916) 445-0613. The reported sales price for Blackhall's Atlanta assets is $120 million. Shadowbox is an industry leading state-of-the-art independent studio platform. 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. 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. The commercial portion is proposed as the Shadowbox Studios, which consists of six 11,000-square-foot sound stages and a parking structure.. 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. Consumer demand for premium film and TV content, coupled with the growing number of producers, has driven outsized demand for soundstage capacity. Blackhall Studios and the University of Reading want to develop the purpose built studios at Thames Valley Science Park. The Saugus Speedway property is probably as steeped in the SCVs historical cowboy Western tradition as any, according to information available on SCVHistory.com. Immediately south of its existing Atlanta studio, the Platform is developing a 1.2MM square foot expansion on a 155-acre parcel. In addition, Shadowbox Studios is developing a 1.3MM square foot studio project on a 93-acre parcel in Santa Clarita, CA. Latham & Watkins represented Silver Lake. 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. 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 Keystone Club at the Santa Clarita Valley Boys & Girls Club is hosting a Breaking Barriers Career Expo on March 24 and April 21. TRD Staff. 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. 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. . Santa Clarita 661-290-2991. Nine buildings, which would contain 19 sound stages, would be constructed in the central portion of the Project Site, south of Placerita Creek. Oscars: Complete Guide to 2023 Red Carpet Events and Parties (Updating), John Malone and Charter Directors Reach $87.5M Deal to Settle Investor Suit, Rupert Murdoch, Fox Corp. Sued For Sharing Bidens Presidential Ads Before They Aired, TikTok Facing Increasing Prospect of National Ban in New Bill Passed by House Committee, New York Gov. 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 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. ATLANTA--(BUSINESS WIRE)--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. 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 local film office reported 570 film permits and 1,505 filming days, which generated approximately $37.6m in economic impact to the local community. 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