In 2017, developer Hudson Pacific Properties submitted plans providing details of its new vision for Hollywood's landmark Sunset Gower Studios. Mark Lammas, president of Hudson, said during the quarterly earnings call that the firm expects Sunset Glenoaks to generate approximately $15 million of new annual income once its operational. Cohn-Brandt-Cohn (CBC) Film Sales Corporation, "Sunset Gower Studios - via Socialbilitty Places", "Sunset Gower Studios, former home of Columbia, marks 100 years", "Hudson Pacific Properties plans massive expansion at Sunset Gower Studios", "Hollywood's Legendary Sunset Gower Studios Is Reborn: Multi-Million Dollar Remodeling and New Construction Underway", "A Thumbnail History of Sunset Gower Studios", https://en.wikipedia.org/w/index.php?title=Sunset_Gower_Studios&oldid=1117585492, Buildings and structures in Hollywood, Los Angeles, Film production companies of the United States, Entertainment companies based in California, Short description is different from Wikidata, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 22 October 2022, at 14:25. . #sunset #south #karnataka #trendingshorts #shortvideo #youtubeshorts #kolkata #shorts #trending #india #youtube #botanicalgarden #trendingsong #shortsvideo #. $190-million office, studio complex coming to the Northeast Valley. Their lawsuit was rejected by a Los Angeles Superior Court judge in 2016. That sets up a race for productions to lease out space in newly built soundstages before the credit funding is exhausted. This investment reflects both our high conviction in content creation, a space that is benefitting from strong, secular tailwinds, and our long-term commitment to the Los Angeles market. The complex is the second large project the two firms have undertaken since HPP sold a 49 percent stake in its studio portfolio to Blackstone last year. At that time, Alton Butler, the CEO of Line 204, said that he expected to break ground that September, and that the project would be operational by late 2019. Hudson Pacific and Blackstone are adding a fourth project to their Sunset Studios family, unveiling plans to build Sunset Glenoaks Studios amid a booming . In order to expand their studio platform joint venture, Hudson Pacific Properties and Blackstone (BX +0.3%) announced to develop Sunset Glenoaks Studios, a fully entitled, state-of-the-art . But HPP and Blackstone could have more competition in a few years. It will have seven soundstages, offices and other production facilities on 10 acres. 7083 Hollywood Blvd, 2nd Floor, Los Angeles, CA 90028 Phone: 212-260-1332 All rights reserved. It was also used in the seventies as a music rehearsal facility catering to musicians such as Elton John, Fleetwood Mac, The Eagles, Led Zeppelin, Ringo Starr, Frank Zappa, and Olivia Newton-John. The Times may extend its lease there into the 2030s. A CERTIFIED LOS ANGELES SLB. 2021 Sunset Glenoaks Studios. fridge, range, hood and Brand new dishwasher. demand in LA by leading content creators for top-notch, fully integrated sound stages and support space continues to significantly outpace supply. Our ability to capitalize from a real estate perspective, Chairman & CEO, Hudson Pacific Properties. Hudson Pacific Properties and Blackstone have scored a $94 million construction loan to build a portion of their planned studio development in the San Fernando Valley. Harry Cohn died in 1958 at the age of 66. The firm did swing back to profitability, with $8.1 million in net income in the fourth quarter, compared with a $9.3 million net loss in the third quarter. The law specifies that a studio will be considered new so long as it did not have a building permit on the date the law was signed that is, July 21. storage and mill shop for set and prop construction. Hudson Pacific and Blackstone are adding a fourth project to their Sunset Studios family, unveiling plans to build Sunset Glenoaks Studios amid a booming development market for sound stages. Rather, Sunset Glenoaks Studios will go up in Sun Valley neighborhood north of North Hollywood in the San Fernando Valley. A rendering shows a planned movie studio, Sunset Glenoaks Studios, in the Sun Valley neighborhood of Los Angeles. Sunset Glenoaks Studios will cost between $170 million and $190 million and feature 240,000 square feet on more . The roughly $190-million project will include seven sound stages, each of which would range from 15,000 to 21,000 square feet in size and include 35- and 40-foot ceiling heights. Hudson Pacific and Blackstone are adding a fourth project to their Sunset Studios family, unveiling plans to build Sunset Glenoaks Studios amid a booming development market for sound stages. Hudson Pacific announced the deal in a quarterly earnings release on Wednesday, but did not disclose the lender. and a 30,000 s.f. About 616 Golden Gate Pt #7. Hudson Pacific Properties and Blackstone are planning a ground-up studio facility in Sun Valley. - Sunset Magazine. LEARN MORE. Construction started in fourth-quarter 2021 and will add 241,000 square feet and seven sound stages to Hudson and Blackstones joint Hollywood studio portfolio. The project is estimated to cost between $180 million and $200 million. Sunset / Alvarado: 4 min a pie: VER: Glendale / Reservoir: 4 min a pie: VER: Estaciones de Metro cercanas a La Seismic Construction en Echo Park, La. Hudson Pacific and Blackstone already own three facilities in Hollywood: Sunset Bronson, Sunset Gower and Sunset Las Palmas. He received his bachelor's degree in economics and business from Saint Mary's College of California, where he also served as the editor-in-chief of The Collegian, the school's campus newspaper. Construction started in fourth-quarter 2021 and will add 241,000 square feet and seven sound stages to Hudson and Blackstones joint. RPR/Snyder Langston's latest project, Sunset Glenoaks Studios. By executing on our vision to deliver high-quality sound stages alongside a robust array of production services, we've created a premier, streamlined solution for today's leading media companies. 2 bed 1.5 bath 1279 sqft. Amid a production rise fueled by Hollywood's pivot to streaming, the need to lock in filming space is becoming more critical and a soundstage boom is overtaking the Southland, with . Hudson Pacific, Blackstone To Build Sunset Glenoaks; Partners' Fourth LA Studio Project Amid Spiking Demand For Sound Stages. The operator of Sunset Studios, Hudson Pacific Properties, has acquired Quixote Studios for $360 million, significantly expanding its footprint in the . 2023 Variety Media, LLC. Have a question for 1267 St Ives Pl? [6], Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}34546N 1181916W / 34.09611N 118.32111W / 34.09611; -118.32111. Sunset Glenoaks is a perfect example of our long-term strategy with Blackstone to buy and transform existing facilities and to build new, state-of-the-art studios within Los Angeles and other high-priority production markets weve identified for expansion, Hudson Pacific Properties Chairman and CEO Victor Coleman said in a statement. Hudson Pacific On Path to Develop Seven West Coast Studio and. The project includes seven sound stages totaling 136,000 s.f, four production office buildings totaling 91,000 s.f. Shadow Hills. Sunset Glenoaks Studios will be a new complex on 10 acres on Peoria Street in an industrial district of Sun Valley near Glenoaks Boulevard. SERVICE LINE: Snyder Langston . The Registry-November 2, 2021 0. , president of Hudson, said during the quarterly earnings call that the firm expects Sunset Glenoaks to generate approximately $15 million of new annual income once its operational. RBC Capital Markets backs project in San Fernando Valley, Blackstone Group's Jonathan Gray, Hudson Pacific Properties's Victor J. Coleman and Sunset Studio Glenoaks (Blackstone Group, Hudson Pacific Properties, LinkedIn, iStock). . Two bedrooms 1 and 1/2 bath townhome for lease in desirable N/W Glendale above Glenoaks. But Sunset Glenoaks already has administrative approval, and the neighbors legal challenge has been defeated. The Los Angeles-based commercial landlord reported $240.5 million in revenue in the fourth quarter of last year, a slight increase compared to the previous quarter. Chad Johnson, Former 'Bachelorette' Contestant, Wins Round In . Big players have been jumping in. The surge in video-on-demand streaming provoked an insatiable appetite for media-oriented real estate such as studios and offices, according to real estate brokerage CBRE. Kaiser Permanente plans to move 1,200 administrative jobs from . Application. We are leveraging our development and studio operations expertise to further expand Sunset Studios facilities here in Los Angeles, where demand from leading content creators for top-notch, fully integrated sound stages and support space continues to significantly outpace supply., Future location of Sunset Glenoaks StudiosGoogle Maps. In August 2007, Sunset Gower Studios was bought by Hudson Capital. Sunset Glenoaks Studios KW&A assisted with this project. Variety reports that the project will be among the first developments to benefit from a $150-million state tax credit intended to promote the construction of new production facilities. Sen. Bill Cassidy, R-La., on Sen. Kyrsten Sinema speaking out against President Biden's push to change the filibuster. CEO Victor Coleman said the pandemic accelerated pre-leasing studio demand trends, driving an abundant amount of capital to the tech and media industries., Production spend is anticipated to increase again this year as the battle for streaming service subscribers further intensifies the U.S. and global markets alike, Coleman said. Outside of the studio world, the firm is still heavily focused on office properties. Desde Universal Studios Hollywood, Universal City, La 67 min; Desde SLS Hotel, a Luxury Collection Hotel, Beverly Hills, Beverly Grove, La 50 min; Desde 24 Hour Fitness, East Los Angeles . Do Not Sell or Share My Personal Information, A $1.25-billion overhaul will bring Television City into the streaming era, A new film studio is coming to Hollywood and not a moment too soon for eager creators, a $650-million plan to build 17 soundstages, a new $450-million independent studio in Hollywood, Tesla Mexico plant means $10-billion investment, Nuevo Leon governor says, Assistants kindly request that you stop calling them assistants, Working more on the weekends? A rendering of office space next to soundstages at Sunset Glenoaks Studios. The year-ago loss was mostly attributed to a jump in operating expenses and costs associated with several major acquisitions. Sunset Gower Studios is a 14-acre (57,000 m 2) television and movie studio at the corner of Sunset Boulevard and Gower Street in Hollywood, California. Sunset Studios has played a critical role in Hollywood for over 100 years. The 240,000-square-foot project will include seven film- and TV-ready soundstages, production office . We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The project will cost as much as $190 million, and work is set to begin this year. The studios are located at 5800 Sunset Boulevard, 1438 N Gower Street, and 1040 N Las Palmas Avenue, respectively. Soundstages are one of the hottest categories in commercial real estate as entertainment production keeps rising. The firms also announced the planned development in a news release. When Sunset Glenoaks is complete, Hudson Pacific and Blackstones Sunset Studios brand will have 42 soundstages. The 240,000-square-foot Sunset Glenoaks Studios project will include seven film- and TV-ready soundstages, production office and support space with more than 10 acres at 11070 West Peoria Street in the Sun Valley neighborhood. Recessed lighting in kitchen and living room. The Times landlord Atlas Capital Group intends to develop the parking lot around the printing plant in the near future and eventually take over the 1980s-era building and turn it into stages. Sunset Studios. For a time stages 12 and 14 became indoor tennis courts. The Los . Sunset Glenoaks Studio Project Delayed Long Enough to Get Tax Credit - Variety Other proposed ground-up studio developments in the Los Angeles area include Echelon Studios, a $450-million project planned by Bain Capital Real Estate and BARDAS Investment Group in Hollywood, the $1.25-billion Television City 2050 plan, and a $650-million complex proposed for the L.A. Times Printing Plant site in Downtown. It would be called Echelon Studios and would replace a long-closed Sears store and parking lot on Santa Monica Boulevard west of the 101 Freeway. This year, they plan to start . New light . Sunset Glenoaks Studios will include 120,000 square feet of stage-adjacent support space, as well as offices with hillside views, a dedicated set- and prop-building space (known as a mill, in industry jargon) and parking for 450 cars, according to plans unveiled Thursday. Major renovations from flooring to new kitchen, and bathrooms . Home / Los Angeles, CA / 1267 St Ives Pl. The studio will comprise approximately 240,000 square feet on more than 10 acres, making it the first large-scale purpose-built studio development in Los Angeles in decades. Two story completely remodeled. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals, High Street, Daiwa bring resi to River Oaks, St. Charles revamp of torched resort takes center stage in local City Hall races, LIV plans massive resi project in Fort Worth, KBS deal to sell Union Bank Plaza to Joel Schreiber delayed for 9th time. 3+ 3+ Beds. With about 240,000 square feet across more than 10 acres, the new . The companies said the 240,000sqft studio situated on over 10 acres, which will cost between $170-190m to develop, is expected to be completed in the third quarter of . The 10-acre site in the Valley, now named Sunset Glenoaks, stands to be among the first in line to benefit. It is located in the Valley Village neighborhood of Los Angeles. Separate dining room. They appealed, and the appeal was denied in 2018. His memorial service was held on stages 12 and 14 at the studios (there is no stage 13). 2 Bd, 1 Ba 1 Half Ba. The Sunset Glenoaks studio has been delayed for seven years, and now stands to be first line for a new tax credit. In 1922, Harry Cohn of Cohn-Brandt-Cohn (CBC) Film Sales Corporation rented 6070 Sunset Blvd in Poverty Row. A rendering of a production office at Sunset Glenoaks Studios. He noted that demand in LA by leading content creators for top-notch, fully integrated sound stages and support space continues to significantly outpace supply. The studios are located at 5800 Sunset Boulevard, 1438 N Gower Street, and 1040 N Las Palmas Avenue, respectively. Start your search today. Roger Vincent covers commercial real estate for the Los Angeles Times. Floor plans are artist's rendering. They also claimed that the facility conflicted with the zoning, and that the site should remain open space. Sunset Studios is one of the largest independent studio operations in Los Angeles and manages almost half of all studio space in Hollywood. , Second Gentleman Doug Emhoff To Headline Starz and MPA Event On Importance Of Women Leaders In Government And Entertainment, Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos, Will Moviegoers Lend An Ear To Children Of The Corn Remake? Next. Sunset Glenoaks is located at 11070 West Peoria Street in the Sun Valley neighborhood near Burbank. AVILABLE April 1, 2024 THROUGH December 31, 2024. Bardas Investment Group in May announced plans to build a 350,000-square-foot soundstage-and-office complex in Hollywood. . The project will cost as much as $190 million and work is set to begin later this year. In November 2004, Sunset Gower Studios was purchased by GI Partners for an estimated $105 million, and in 2006 began construction on a six-story building for Technicolor SA. Though the project was approved by the Los Angeles City Council in 2015, it appears that productions that shoot at Sunset Glenoaks will qualify to claim the incentive. Sunset Glenoaks Studios Sun Valley, CA. Great opportunity to move into this 5 bedroom 3 full bath lakeview pool home in prestigious Lexington estates. We are excited to share that Quixote has been acquired by Hudson Pacific Properties. Hackman Capital Partners, the owner of Television City, formerly operated by CBS, announced plans in March to make $1.25 billion worth of improvements to the Los Angeles lot, including raising the number of soundstages to at least 15, from eight, along with production support facilities and offices for rent. Send us a tip using our annonymous form. 2 Beds. We are leveraging our development and studio operations expertise to further expand Sunset Studios facilities here in Los Angeles, where demand from leading content creators for top-notch, fully integrated sound stages and support space continues to significantly outpace supply, Coleman said in a statement. We want to hear from you! Last week, Gov. Last week, Hudson Pacific Properties and Blackstone announced plans for Sunset Glenoaks Studios, a project which would rise from a currently vacant 10-acre site at 11100-11220 W. Peoria Street. An example of data being processed may be a unique identifier stored in a cookie. New York-based RBC Real Estate Capital Partners provided the loan, property records show. It's All About You, Here. First large-scale, purpose-built studio development in Los Angeles in over 20 years State-of-the-art 240,000-square-foot project to include 7 stages, production office and support space Property to. The lot, in the meantime, sat fallow. The 240,000-square-foot Sunset Glenoaks Studios is slated to include seven soundstages, offices, and other support space on 10 acres at 11070 W. Peoria Street, according to Commercial Observer. Roger Vincent. NBCUniversal plans for a major development at its famed Universal Studios lot, adding more soundstages as media companies race to satisfy the content boom. Jacob Werner, senior managing director for Blackstone Real Estate, said Sunset Oaks is the first large-scale studio development in the last 20 years in the city. Gregory Cornfield can be reached at gcornfield@commercialobserver.com. COPYRIGHT 2020 KIMBERLINA WHETTAM & ASSOCIATES. Sustainability and health and wellness are a priority. Home > Portfolio > Studios & Entertainment > Sunset Glenoaks Studios. New York-based RBC Real Estate Capital Partners provided the loan, property records show. Hudson Pacific, which entered into its partnership with Blackstone in 2020, owns 42 soundstages and 3.5 million square feet of existing or proposed real estate under its Sunset Studios portfolio, including the existing Sunset Bronson, Sunset Gower, and Sunset Las Palmas properties. Plans also call for 120,000 square feet of accompanying stage support space, offices with views of the surrounding hillside, a mill, and parking for up to 450 vehicles. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Continue with Recommended Cookies. Yes, Scream VI Marketing Is Behind the Creepy Ghostface Sightings Causing Scares Across the U.S. David Oyelowo, Taylor Sheridan's 'Bass Reeves' Series at Paramount+ Casts King Richard Star Demi Singleton (EXCLUSIVE), Star Trek: Discovery to End With Season 5, Paramount+ Pushes Premiere to 2024. New demand for big entertainment-related spaces comes from old-line entertainment companies and newcomer streaming services such as Netflix, Apple TV+ and HBO Max. Tendrs a tu disposicin albercas privadas, wifi y estacionamiento. Seven years ago, a developer floated a plan to build a new TV and film production facility on the site of an old gravel pit in the San Fernando Valley. in the Sun Valley neighborhood near Burbank. Dubbed Sunset Glenoaks Studios, the 240,000-sq-ft, 10-acre project will house seven stages, ranging from 15,000 to 21,000 sq ft with 35-ft or 40-ft clear heights. We are leveraging our development and studio operations expertise to further expand Sunset Studios facilities here in Los Angeles, where demand from leading content creators for top-notch, fully integrated sound stages and support space continues to significantly outpace supply.. Hudson Pacific's Sunset Studios has revolutionized the studio for those revolutionizing content. The name was changed to "Sunset Gower Studios" and the lot became a rental facility for independent film companies. One of the "World's most romantic hotels". Sunset Glenoaks Studios will be top notch, featuring seven film- and TV-ready sound stages that will range from 15,000 to 21,000 square feet, nearly 120,000 square feet of highly efficient, stage . The film-and-TV ready stages will range from 15,000 to 21,000 square feet, all with 35 to 40-foot clear heights. The partners said the operation will prioritize sustainability, health and wellness including EV charging stations, bike parking and showers, and will be 100% carbon neutral. ALL RIGHTS RESERVED. Specialty Preview, Ozy Media Closes In Wake Of Founder Carlos Watson Scandal, TikTok Introduces New Feature To Limit Screen Time For Teens, Rachael Ray Daytime Talk Show To End After 17 Seasons, Eyes $45.5M Opening In U.S., A Record For Rocky Spinoff Franchise & Amazon, SAG-AFTRA And Casting Directors Weigh In On Self-Tape Controversy, Oscar Winner Guillermo Del Toro On The Films That Lit His Fuse. That project will finally move forward under the ownership of one of the region's biggest owners and developers of production facilities. All dimensions are approximate. Sunset Glenoaks Studios. But now, that long delay looks like a lucky break. The 10-acre site in the Valley, now named Sunset . [2][3] Following success and a move into feature films, in 1926, CBC (under its new name of Columbia Pictures), acquired a Gower Street property with stages previously used by California Studios. Upon the completion of Sunset Glenoaks Studios in Sun Valley, California, Blackstone and HPP will collectively own and operate under its Sunset Studios platform 42 stages or 3.5 million square feet, including development rights, of Los Angeles area studio . It will be the fourth such property managed by the two firms, and bring their total to 42 sound stages. The owners said they are pursuing other expansion opportunities in Los Angeles, New York, London and Vancouver. 1) Includes under construction 241,000 square-foot Sunset Glenoaks Studios in the San Fernando Valley and planned 1,167,000foot Sunset Waltham Cross Studios in North London and excludes 1,120,000 square feet of nonrevenue generating trailer and equipment - storage space. On May 19, 2022, the Company purchased a parcel of land at Sunset Gower Studios that was previously encumbered by a ground lease for a total purchase price of $22.0 million, before certain credits . New demand for big entertainment-related spaces comes from old-line entertainment companies and newcomer streaming services such as Netflix, Apple TV+ and HBO Max. Liked by Lee Watkins. Los Angeles real estate developer David Simon intends to build a new $450-million independent studio in Hollywood with five soundstages and support facilities including offices and bungalows for entertainment creators. If Sunset Glenoaks is completed, the JVs Sunset Studios brand would total 42 soundstages and 3.5 million square feet of space, according to the report. Last week, Gov. The price tag for the project, to be called Sunset Glenoaks Studios, is . Seven film . All our breaking news, straight to your inbox. The developer applied for a building permit in April, but has not received it yet, according to city planning records. The . Is there anything else you'd like to ask 1267 St Ives Pl? 1. The project will include seven soundstages with clear heights of 35 or 40 feet and 120,000 square feet of support space. But he encountered further delays. On this Wikipedia the language links are at the top of the page across from the article title. That would make it much cheaper to shoot there than at pre-existing facilities. For more information, please see ourprivacy policy. The company also said on its website that construction began in 2020. We are customizing your profile 3.We own 20% of the ownership interests in the unconsolidated joint venture that owns Burrard Exchange. The firm plans to demolish approximately 160,600 square feet (14,920m2) of existing buildings at 6050 W on the 16-acre (6.5ha) site. Before that, he spent two years as the publication's sports editor, and he remains a committed fan, for better or worse, of his Sacramento Kings, San Francisco Giants, and Saint Mary's Gaels. Future location of Sunset Glenoaks Studios, the $1.25-billion Television City 2050 plan, a $650-million complex proposed for the L.A. Times Printing Plant site in Downtown. The pair own Sunset Gower Studios, Sunset Bronson Studios and Sunset Las Palmas Studios, all historic studios in Hollywood that have been updated and lease production facilities and offices to people in the entertainment industry. As the demand for content continues to expand, we are well positioned to benefit in the coming years.. Without the guidance of the Cohn Brothers, Columbia Pictures Corporation was not the profit-making company it once was. 1279 Sqft. Upon its completion, the joint venture will collectively own and operate 42 stages, or 3.5 million square feet, of LA-area studio facilities under the Sunset Studios platform. Beautiful hardwood floors, quartz counters, and shaker cabinets bring the kitchen to life, while also featuring a countertop bar to dine at, or dine at the dining table surrounded by windows. The 240,000-square-foot state-of-the-art facility will include seven sound stages, production office and support space. Between 1970 and 1972, Columbia moved from the 14-acre (57,000m2) lot, and joined forces with Warner Bros. in Burbank, then subsequently later moved to the Sony Pictures Studios (formally MGM and Lorimar Studio) in Culver City. Golden Gate Point , a 25 acre private peninsula. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Advertisement. A rendering shows a planned movie studio, Sunset Glenoaks Studios, in the Sun Valley neighborhood of Los Angeles. Responding to the surging demand for state-of-the-art studio space, Hudson Pacific Properties Inc. and Blackstone are teaming up to develop the first large-scale, purpose-built studio in the Los Angeles area in more than 20 years. The timing almost could not have worked out better. Actual product and specifications may vary in dimension or detail. - by Travel + Leisure and Travel + Leisure Staff. By subscribing, I agree to the Terms of Use and Privacy Policy. . In 2014, the City of Los Angeles signed off on a proposal to redevelop a former gravel pit in the Northeast San Fernando Valley with a movie studio. Hudson Pacific has been at the forefront of Hollywood's renaissance for more than a decade. It would be the first such project built in Los Angeles in decades, and it would help stop shows from fleeing to other states. Helped in addressing FLS comments, produced construction details, revised drawings, conducted Code analysis, exiting analysis, and plumbing We and our partners use cookies to Store and/or access information on a device. Its expected to be complete by the third quarter of 2023. (W)e do not believe that the project being entitled prior to the legislations signing would preclude Sunset Glenoaks tenants from benefiting from these new tax credits, said Jeff Stotland, senior vice president of global studios at Hudson Pacific, in a written response. The pair will develop Sunset Glenoaks Studios, which forms part of three existing Sunset studios in Hollywood also jointly owned by Hudson Pacific and funds managed by Blackstone. Tenants at the studio properties include Netflix, which leases two Hudson Pacific-owned office buildings in Hollywood. Last week, Hudson Pacific Properties and Blackstone announced plans for Sunset Glenoaks Studios, a project which would rise from a currently vacant 10-acre site at 11100-11220 W. Peoria Street. Sunset Glenoaks Studios will have seven soundstages for the production of movies and television shows when it opens in late 2023, developers Hudson Pacific Properties Inc. and Blackstone said. Listings, photos, tours, availability and more. In 1977, the property was purchased by the Pick Vanoff Company for $6.2 million. With many projects in the planning process, the company is also wrapping construction on One Westside, a 584,000 square-foot creative office project in Los Angeles. To be called Sunset Glenoaks Studios, the fully equipped, state-of-the-art studio facility will be the first large-scale, purpose-built studio in the Los Angeles area in more than 20 years, the companies said.