The stages are well designed also, enough separation for noise and traffic, close enough for quick company moves. Latham & Watkins represented Silver Lake. April 28, 2021 Atlanta-based Blackhall Studios was sold for $120 million to a private equity firm in Los Angeles. The Saugus Speedway property is probably as steeped in the SCVs historical cowboy Western tradition as any, according to information available on SCVHistory.com. Shadowbox currently operates soundstage campuses in Atlanta and the United Kingdom, with further active developments in the Atlanta, London, and Los Angeles metro areas. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Read Also: Chris Larson Wiki, Biography, Age, Net Worth, Family, Instagram, Twitter, Social Profiles & More Facts Douglas James Hawkins Net Worth. 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.. Netflix . Latham & Watkins represented Silver Lake. We'll be glad to show you how our systems can streamline your data, campus security and inventory management operations. 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.. 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. The sound stages portion would be built by Shadowbox and intended to augment the studios Newhall plans. Santa Clarita in Los Angeles county has reported a blockbuster year of filming in the city in 2021, following Covid disruptions in 2020. 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. He plans to launch a new streaming service, Blackhall Americana, next year with original action-adventure content. Atlanta, GA 30316 (949) 955-3555. 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. 19th February 2020 @ 10:48. 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: 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. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. 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. 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. Georgias uncapped film and TV tax credit incentive program has transformed the state into a major production hub since it was created in 2006. While there have been plans for the site discussed in the past, it was purchased by Millsap within the last two months, according to city planners. Silver Lakes portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 557,000 people globally. Celebrate Mardi Gras at the Old Town Farmers Market Saturday, March 4 from 8:30 a.m. to 1 p.m. Since then, Blackhall has rapidly built . Filming provides thousands of jobs locally and supports every segment of our local economy. 18756 Mandan St APT 1512, Santa Clarita, CA 91351. Blackhall Studios (to be rebranded as Shadowbox Studios) in Atlanta. 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. The County of Los Angeles Fire Department recently mailed the Annual 2023 Brush Clearance Notices to residents in Fire Hazard Severity Zones. All Rights Reserved. The Keystone Club at the Santa Clarita Valley Boys & Girls Club is hosting a Breaking Barriers Career Expo on March 24 and April 21. 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. 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. Filled with the top stories to start your day, and emergency news alerts. An email to the company Monday night was not immediately returned. 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. 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. 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. 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.. Other ancillary and specialty use buildings, including a catering building, gym building, and mechanical building with a substation, are located to the east and southeast of the main entrance at the intersection of Arch Street and 13th Street. ATLANTA One of Atlanta's largest production studios has been sold to Los Angeles-based private equity firm Commonwealth Group on Wednesday. Shadowbox currently operates a 850,000 square foot complex in Atlanta with nine soundstages that have been home to blockbusters like Jumanji: The Next Level, Jungle Cruise and Godzilla: King of the Monsters. 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. 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. 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. Production resumed gradually in the state where by April 2021 on-location filming in Los Angeles returned to 60% of normal levels. Jan 11, 2022, 3:14 PM. The Los Angeles County Probation Oversight Commission is holding an emergency virtual meeting today, Feb. 28, starting at 1:30 p.m. 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 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. [Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail. The California Nurses Association condemned the March 3 announcement by California Department of Public Health that mask and vaccine requirements would be lifted April 1 in the states health care settings, just eight days after California reached the grim toll of 100,000 Covid-19 deaths. Silver Lake will partner with existing investor Commonwealth Asset Management, which remains the majority shareholder. Venom, Jumanji, Jungle Cruise, Dr. Sleep, The Tomorrow War, and Godzilla King of Monsters are. 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. Phone Number. Application filing will be held for one week and begins Friday, March 3 and will close on Thursday, March 9. In addition, a two-story support building would extend along the remaining portion of the western boundary (i.e., Railroad Avenue) of the Project Site, south of Placerita Creek. 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. 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. The new studio comes through an agreement with the nearby University of Reading, and will be built at Thames Valley Science Park. 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 aerial view of Blackhall Studios in Atlanta, which was purchased by Commonwealth Group. The first day of competition at the National Association of Intercollegiate Athletics Indoor National Championships on Thursday, March 2 in Brookings, S.D. 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 joined with Blackhall Studios Santa Clarita in celebrating the 2022 Oscars with a live Oscars viewing party held at The Old Town Junction in downtown Newhall. 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. Each of these investment strategies reflects Commonwealths top-down macro-economic approach, carefully developed investment philosophy and contiguity to technological innovation. 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. The facility will exceed two million square feet and feature 31 soundstages upon completion of the expansion. Commonwealth Asset Management is a Los Angeles based investment management platform that manages approximately $1.7 billion in assets. Upon completion, the campus would have an overall building area of approximately 1,293,000 square feet. Deutsche Bank, EY and Sidley Austin represented Shadowbox on the transaction. 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. The review process, which started about 10 days ago, generally takes about five weeks, which could change depending on the project. 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.