LA Approves $1B Expansion, Modernization of Television City

LA Approves $1 Billion Television City Expansion Project During Time of Hollywood Contraction

There’s a glimmer of hope amid Hollywood’s continued contraction. The Los Angeles City Council approved a $1 billion Television City project on Tuesday, according to the LA Times. Roughly 980,000 square feet of offices, soundstages, production facilities and retail space are expected to be added from the renovation project, which aims to expand and modernize the storied production center. Additionally, a 15-story office tower will be erected i…

Amid fears about Hollywood's future, L.A. approves $1-billion Television City project

The debate over the project has played out amid a downturn in the region’s entertainment industry, with studios taking their film and television productions elsewhere.

L.A. City Council approves $1B expansion, modernization of Television City

L.A. City Councilmember Katy Yaroslavsky said, 'Beverly Fairfax needs this shot in the arm to thrive once more.'

Billion-Dollar Television City Expansion Faces Final Vote Before L.A. City Council Tomorrow

After years of wrangling, the Los Angeles City Council tomorrow will consider final approval for a proposed $1 billion expansion of Television City. Before doing so, members will hear from nine groups that filed appeals against the project over concerns it would harm the surrounding community. Rick Caruso and The Grove, and the A.F. Gilmore Company and Original Farmers Market L.A. were among those filing appeals against the project. Other gr…

L.A. Council to Decide Future of Television City Expansion Project

The City Council Tuesday will consider final approval for a proposed $1 billion expansion of Television City — and also hear from nine groups that filed appeals against the project over concerns it would harm the surrounding community. In 2019, L.A.-based Hackman Capital Partners, a real-estate investment company, bought the property from CBS for $750 million. The company filed an application with the L.A. Planning Department to add more product…

LA City Council Approves Television City Redevelopment - Connect CRE

The Los Angeles City Council voted to approve Hackman Capital Partners’ $1-billion plan to modernize and expand the Television City (TVC) complex at 7800 Beverly Blvd. in the city’s Fairfax neighborhood. The 13-0 vote in favor of the proposal occurred after two-and-a-half years of delays that included challenges by community stakeholders, according to the Los Angeles Times. The TVC project is expected to add 980,000 square feet of offices, sound…