Los Angeles Rams proprietor Stan Kroenke, in partnership with Wilson Meany, plans a serious manufacturing facility and movie studio on the 300-acre Hollywood Park in Inglewood, Calif. The event’s first part, dubbed Hollywood Park Studios, will embody 5 soundstages and 80,000 sq. toes of help workplace area.
Development will start later this month. Gensler is the lead architect, whereas Clayco serves as common contractor and Pacific Edge as undertaking supervisor. Guggenheim Investments organized financing.
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The manufacturing services will come on-line forward of the 2028 Olympics and Paralympics that can happen in Los Angeles. Hollywood Park Studios’ first use will likely be because the Worldwide Broadcast Heart for the media shops overlaying the Video games. Afterward, the specialised area will likely be leased to TV and movie manufacturing firms.
Plans additionally name for mill services for the prefabrication of units, an open base camp zone (the place vehicles and trailers are parked) and a tall-bay storage that may accommodate as many as 60 trailers.
There may be area at Hollywood Park Studios for growth, ought to the demand be there. The location might present for as many as 20 extra soundstages, which might be build-to-suit area. Some 200,000 sq. toes of extra workplace area to help the productions is also constructed.
A part of Hollywood Park
The plan is the newest for the multi-year mixed-use growth underway on the location of the demolished Hollywood Park Racetrack. The primary institution to open on the growth, in 2016, was Hollywood Park On line casino.
The park’s centerpiece is the 70,240-seat SoFi Stadium, house of the LA Rams and LA Chargers, which opened in late 2020. Extra not too long ago the stadium hosted Tremendous Bowl LVI and WrestleMania; World Cup soccer video games will likely be held there subsequent yr. The 6,000-seat YouTube Theater can also be a part of the undertaking.
“The imaginative and prescient for Hollywood Park has all the time been to construct a metropolis inside a metropolis,” Kroenke mentioned in a press release. Upon the undertaking’s supply, Kroenke and Wilson Meany may have accomplished as a lot as 5 million sq. toes of workplace area, a 300-room resort, practically 900,000 sq. toes of retail area and as many as 2,500 residential items.
SoCal soundstage biz swoons
The event announcement comes at a time of slumping demand for soundstages in southern California. From 2016 to 2022, regional soundstage occupancy ranges held, on common, above 90 %, based on FilmLA, the official movie workplace for the Metropolis and County of Los Angeles and different native jurisdictions. In 2023, demand cratered and common regional studio occupancy declined to 69 %. In 2024, occupancy was a median 63 %.
In 2023, a complete of 1,225 initiatives have been filmed within the 477 soundstages included in FilmLA’s evaluation. These initiatives generated 8,671 Stage Shoot Days, which is fewer than any earlier interval besides 2020. Episodic tv sequence represented solely 20 % of all manufacturing in LA, whereas in earlier years it represented 30 %.
Employment within the sector contracted by 0.9 % throughout 2024, based on the Otis Faculty 2025 Report on the Artistic Financial system, which tracks California’s inventive economic system. Even so, California stays the nationwide chief of the sector, which straight employs 5 % of the state’s workforce.
