Hackman Capital Partners is an industry leading studio operator with a track record of success. The company has successfully modernized and transformed other studio properties into state-of-the-art production facilities to meet the growing and ever-changing needs of the entertainment industry. Hackman Capital Partners owns Culver Studios and Sony Pictures Animation campus in Culver City, the 22-acre Manhattan Beach Studios, and Raleigh Studios, one of the oldest film and television production facilities in Los Angeles.
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Hackman
Capital Partners
The company also owns Silvercup in New York City, Second Line Stages in New Orleans, Ardmore Studios and Troy Studios in Ireland, and Eastbrook Studios, which is currently under construction in London.
Where is Television City located?
The studio is located at 7800 Beverly Boulevard in the Beverly/Fairfax District of Los Angeles. It is situated in the heart of the 30 Mile Zone, the epicenter of production in Los Angeles.
What is the TVC 2050 Project?
The TVC 2050 Project is a comprehensive framework to expand and modernize the approximately 25-acre Television City studio (Project Site). This much-needed investment in Los Angeles’ most identifiable industry will create thousands of good-paying jobs and enable TVC to meet the growing demand for state-of-the-art production facilities, keeping productions in Los Angeles and reaffirming the city’s status as the creative capital of the world. The Project will also rehabilitate and preserve the integrity of the designated Historic Cultural Monument on-site.
TVC 2050 embraces architect William Pereira’s original design which focused on flexibility and adaptability, and ultimately called for the eventual development of additional sound stages and multi-story office buildings. This Project follows Pereira’s futuristic vision, allowing the studio to accommodate new technologies, meet evolving industry demands, and foster growth of media production in Los Angeles.
The Project would beautify the public realm through streetscape improvements and enhance the pedestrian experience. These improvements include widened sidewalks, curated landscaping, lighting, wayfinding signage, and pedestrian amenities such as shade structures. Along all street edges, pedestrian access and safety would be improved in accordance with city-wide Vision Zero standards.
Additionally, the Project will include an on-site Mobility Hub to encourage multi-modal transit. These include employee and visitor use of public transportation, carpooling, vanpooling, and biking/scootering to work, and other transportation demand management (TDM) strategies. TVC 2050 would also contribute toward transportation systems management (TSM) improvements within the Project area.
How will the Project promote sustainability?
TVC 2050 embraces environmentally friendly design, building materials, and local partnerships, and will utilize environmentally sustainable building features and construction protocols required by the Los Angeles Green Building Code and the California Green Building Standards (CALGreen) Code. A number of sustainability measures will be incorporated into the Project, including solar panels, re-use of existing commercial land and adaptative re-use of existing facilities where feasible, enhanced public realm for improved walkability, a mobility hub to help reduce vehicle miles traveled (VMT) for production vehicles and related uses, water-efficient plantings with drought-tolerant species, and shade trees in public areas.
What is the approval process?
Following the submittal of its entitlement application to the Department of City Planning, and pursuant to the California Environmental Quality Act (CEQA), the City prepared a Draft Environmental Impact Report (EIR) to identify and analyze the potential environmental benefits and impacts associated with TVC 2050. The City released the Draft EIR on July 14, 2022, which is available for public comment for 45 days. The City will respond to comments received on the Draft EIR in the Final EIR. Circulation of the Final EIR will be followed by several hearings before City decision makers. The Project will require the approval of the Los Angeles City Planning Commission, the Planning and Land Use Management Committee, and then the Los Angeles City Council. Throughout this process, the TVC 2050 team will continue to conduct robust community outreach and seek stakeholder feedback on the proposed plan.
What environmental topics were analyzed as part of the Project’s Draft Environmental Impact Report?
The following environmental topics are analyzed in the Draft Environmental Impact Report (EIR): air quality; cultural resources; energy; geology and soils; greenhouse gas emissions; hazards and hazardous materials; hydrology and water quality; land use and planning; noise; public services (including fire protection and police protection); transportation; tribal cultural resources; and utilities and service systems (including water supply and infrastructure, wastewater, and electric power, natural gas, and telecommunications infrastructure).
How has TVC 2050 worked with the Los Angeles Conservancy to develop the refined plan now being studied in the EIR?
TVC 2050 has collaborated with the Los Angeles Conservancy (Conservancy) to develop a project framework that preserves the integrity of the Primary Studio Complex and maintains the 430-foot Beverly Boulevard viewshed while allowing for an expansion and modernization of this iconic studio property.
Has the Project signed a Project Labor Agreement?
Yes. TVC 2050 has signed a Project Labor Agreement (PLA) for the construction of the Project with the Los Angeles/Orange Counties Building and Construction Trades Council, one of the largest agreements of its kind in Los Angeles. The PLA ensures that TVC 2050’s proposed new sound stages, production office and production support space will be built by highly skilled union craftsmen and women earning family-supporting wages.
When will the Project start construction?
Construction can begin after receiving the certification of the environmental documents and necessary entitlements from the City of Los Angeles.
Who is the owner and operator of TVC 2050 and what is their experience?
Hackman Capital Partners, a leading owner/operator of production studios worldwide, has successfully modernized and transformed other studio properties into state-of-the-art production facilities, positioning them to meet the growing and ever-changing needs of the entertainment industry. Hackman Capital Partners owns Culver Studios and Sony Pictures Animation campus in Culver City, Manhattan Beach Studios, Radford Studio Center in Studio City and Raleigh Studios, one of the oldest film and television production facilities in Los Angeles.
The company also owns Silvercup in New York City, Second Line Stages in New Orleans, Ardmore Studios and Troy Studios in Ireland, and Wharf London and Eastbrook Studios, which are currently under development in London.
Next Steps
Pursuant to the California Environmental Quality Act (CEQA), a full environmental impact report (EIR) will be prepared to identify and analyze the potential environmental benefits and impacts associated with the operations and construction of the TVC 2050 Plan. Robust community outreach will be conducted throughout the process.