Hudson Pacific Properties and Blackstone to develop L.A. studio facility

Hudson Pacific Properties and Blackstone have plans to develop a fully entitled, state-of-the-art, purpose-built studio facility in Sun Valley, Calif.

The facility will be known as Sunset Glenoaks Studios, making it part of the Sunset Studios brand family, which includes three existing studios in Hollywood — Sunset Gower Studios, Sunset Bronson Studios and Sunset Las Palmas Studios — also jointly owned by Hudson Pacific and funds managed by Blackstone. Sunset Glenoaks Studios, which will represent a total investment of approximately $170 million to $190 million, is expected to be completed in the third quarter of 2023.

Sunset Glenoaks 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. Seven film- and TV-ready sound stages will range from 15,000 square feet to 21,000 square feet, all with 35-foot to 40-foot clear heights. Productions will benefit from nea