Shadowbox Studios Expansion

Demolition, site work, renovation and addition to a theater / auditorium in Atlanta, Georgia. Conceptual plans call for the addition of a 1,200,000-square-foot theater / auditorium; and for the renovation of a theater / auditorium. https://therealdeal.com/la/2022/06/16/silver-lake-invests-500m-in-hollywood-soundstages/ A Silicon Valley private equity firm is investing $500 million to build soundstages for TV and film production in Los Angeles, Atlanta and London. Silver Lake, based in Menlo Park, is investing in the expansion of Shadowbox Studios, a production-facility company once known as Blackhall Studios, with more than $1.5 billion in expected development, the Wall Street Journal reported. Shadowbox Studios aims to grow its portfolio to meet the high demand for soundstages around the globe. The companies said the $500 million investment is helping Shadowbox expand to dozens of soundstages across more than 4 million square feet of leasable space in Los Angeles, Atlanta and London, which have become production hubs thanks to tax-credit programs that subsidize film and TV work. Silver Lake's investment in production facilities speaks to a continued shortage of available real estate for film and TV producers. Hollywood producers say the need for physical space has emerged as one of the key challenges in competing against rivals. As entertainment companies struggle to attract and retain subscribers for their streaming services, they are making a flood of movies and TV shows to keep viewers hooked. But as the number of movies and TV shows skyrockets, the supply of soundstages has "simply not kept pace with the demand," said Shadowbox director Peter Rumbold. L.A.-based Commonwealth Asset Management is the majority stakeholder after acquiring Shadowbox last year for $120 million, according to the Commercial Observer. Shadowbox is now building a 1.3 million-square-foot studio campus with 19 soundstages in Santa Clarita in northern Los Angeles County. It also operates a 850,000-square-foot studio facility with nine soundstages in Atlanta, which was home to recent films like "Jumanji: The Next Level" and "Godzilla: King of the Monsters." The firm is developing another 1.2 million square feet with 22 soundstages in Atlanta. And, in London, Shadowbox recently completed the first 150,000-square-foot phase of its nearly 1 million-square-foot Shinfield Studios project, which is fully leased. Once its current pipeline is empty, Shadowbox will own and operate a portfolio of 68 soundstages - half of them in Atlanta - and more than 4.2 million square feet of leasable area. The firm's subsidiary, Lamp Dock, provides lighting and grip rentals, according to the Observer. Over the past several years, investors including Blackstone Group Inc. and Bain Capital Real Estate have also poured billions of dollars into the sector. For Silver Lake, moving into production real estate follows its investment strategy targeting production spending across Hollywood. The firm already has stakes in Endeavor Group Holdings, the entertainment company encompassing the Ultimate Fighting Championship and Hollywood representation business, and Cast & Crew, a payroll company specializing in entertainment productions. Shadowbox, based in Atlanta, launched with its facility in Atlanta in 2017 before expanding to the U.K. Silver Lake has more than $88 billion in combined assets under management and committed capital, while Commonwealth manages approximately $1.7 billion in assets. __________________________________________________________________________________ This expansion will include 538,000 square feet of sound stages, 200,000 square feet of offices, 420,000 square feet for warehousing and 22,000 square feet of catering space. As of June 16, 2022, this project is in the planning stage. Information regarding either an architect or general contractor has not been disclosed. Although there is not a firm timeline, construction is expected to begin in fourth quarter 2022.* *Project information, including timeline and contacts, has been obtained through public sources. The content management team continues to pursue additional details; however, the contact(s) listed have yet to disclose or confirm any information. Inquiries should be directed to the contact(s) listed.

Theaters/Auditoriums, 1,200,000 SF Addition.

Division 03 -	Concrete, Cast-in-Place Concrete, Precast Concrete.
Division 04 -	Masonry, Unit Masonry.
Division 06 -	Wood, Plastics, and Composites, Rough Carpentry, Finish Carpentry, Architectural Wood Casework.
Division 07 -	Thermal and Moisture Protection, Dampproofing and Waterproofing, Thermal Protection.
Division 08 -	Openings, Doors and Frames, Metal Doors and Frames, Wood Doors, Plastic Doors, Specialty Doors and Frames, Entrances, Storefronts, and Curtain Walls, Entrances and Storefronts, Windows.
Division 09 -	Finishes, Plaster and Gypsum Board, Tiling, Acoustical Ceilings, Flooring, Resilient Flooring, Carpeting, Wall Coverings, Acoustic Treatment, Painting and Coating.
Division 10 -	Specialties, Signage, Partitions, Toilet, Bath, and Laundry Accessories.
Division 11 -	Equipment, Foodservice Equipment, Audio-Visual Equipment, Projection Screens, Projectors, Broadcast, Theater, and Stage Equipment, Recreational Equipment.
Division 12 -	Furnishings, Multiple Seating, Fixed Audience Seating.
Division 13 -	Special Construction, Sound, Vibration, and Seismic Control.
Division 21 -	Fire Suppression, Fire Suppression Systems Insulation.
Division 22 -	Plumbing, Plumbing Piping, Plumbing Equipment, Plumbing Fixtures.
Division 23 -	Heating, Ventilating, and Air Conditioning (HVAC), Instrumentation and Control for HVAC, HVAC Air Distribution.
Division 26 -	Electrical, Instrumentation and Control for Electrical Systems, Lighting, Interior Lighting, Emergency Lighting, Special Purpose Lighting, Theatrical Lighting, Exterior Lighting.
Division 27 -	Communications, Data Communications, Voice Communications, Audio-Video Communications, Audio-Video Systems, Electronic Digital Systems.
Division 28 -	Electronic Safety and Security, Video Surveillance, Electronic Detection and Alarm, Fire Detection and Alarm.
Division 31 -	Earthwork, Earthwork Methods.
Division 32 -	Exterior Improvements, Bases, Ballasts, and Paving, Flexible Paving, Curbs, Gutters, Sidewalks, and Driveways, Irrigation, Planting, Turf and Grasses.
Division 33 -	Utilities, Water Utilities, Sanitary Sewerage Utilities, Storm Drainage Utilities, Electrical Utilities, Communications Utilities.