Home / Arts and Entertainment / New Soundstage Hub Opens Amidst Production Slump
New Soundstage Hub Opens Amidst Production Slump
2 Mar
Summary
- A 180,000-square-foot soundstage campus has opened in Woodland Hills.
- The new facility offers six large soundstages and extensive office space.
- The studio aims to increase market share despite a recent production slowdown.
Cinespace Studios Los Angeles has formally opened its new 180,000-square-foot campus in Woodland Hills, California. This facility marks a significant expansion for the Toronto-based Cinespace Studios, adding to its existing network of production hubs across North America and Europe. The new Los Angeles site features six soundstages, each 18,000 square feet with 30-foot clear heights, alongside 72,000 square feet of production offices and ancillary space.
Despite a recent decline in overall TV and film production volume since last year, Cinespace aims to secure a larger share of the market. Company co-CEO Eoin Egan highlighted the strategic importance of Los Angeles, noting that many key production decisions are made there and the local talent pool is world-renowned. The state's increased production tax incentives are also seen as a positive factor for attracting business.
The opening of the Woodland Hills stages brings Cinespace's total operational production space to over 4.3 million square feet, with 115 active soundstages globally. The first project to utilize the new facilities is the movie thriller "Nightwatching." The grand opening event is scheduled to include remarks from Los Angeles Mayor Karen Bass, who emphasized the investment's importance for job creation and economic opportunities in the region.
