A joint venture between i.Park and Great Point Media has plans to develop the Lionsgate Warburton Studios, an entertainment-production facility in Yonkers, N.Y.
CIT, a division of First Citizens Bank, provided $34 million in financing to the joint venture.
The new studios will consist of 73,000 square feet of studio, office and mill space. It will be the latest addition to the Great Point Studio Campus, a growing entertainment-production complex leased to global content leader Lionsgate Entertainment Group.
The i.Park campus, which includes production support areas, a café, lounge and outdoor garden terraces, is located close to the Yonkers Train Station, providing easy access to New York City and nearby suburbs.
“We're pleased to add the Lionsgate Warburton Studios to the i.Park Hudson Studios development,” said Joseph Cotter, president at i.Park. "We've partnered with CIT since the beginning of this transformational project and appreciate the
