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
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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.
Why TVC 2050 and why now?
When Television City opened its gates in 1952, it was the first purpose-built television studio in the world. For nearly 70 years, it has been home to some of the industry’s most iconic shows and stars. Hackman Capital Partners is committed to preserving Television City’s role as an economic engine of the City and ensuring that Television City remains a world-class studio for decades to come. To address growing unmet demand for production space in Los Angeles, TVC 2050 sets forth a comprehensive framework to allow for a state-of-the-art modernization of production facilities within the Television City studio property. TVC 2050 will allow Television City to meet the constantly evolving physical and technological demands of the entertainment industry.
What are the TVC 2050 plan features?
TVC 2050 is designed to address the needs of a modern, high quality studio and to promote innovation in production, operations, and sustainability. TVC 2050 will rehabilitate and protect the integrity of existing historic resources, enhance the streetscape and public realm, and create a robust transportation demand management program and a new multi-modal mobility hub.
TVC 2050 embraces architect William Pereira’s original design which focused on flexibility and adaptability, and ultimately called for the eventual development of 24 sound stages and multi‐story office buildings. This plan 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.
How will plan 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 Los Angeles Studio Plan. The City released the Draft EIR on June 30, 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.
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.