Introduction to Hollywood Park Studios

Hollywood Park Studios, a movie studio and international broadcast center, is set to be built next to SoFi Stadium in Inglewood. The studio will serve as the primary broadcast center for the 2028 Olympic Games and will be used for movie and television productions after the Games.

Location and Development

The studio is part of the multibillion-dollar Hollywood Park complex, which includes apartments, theaters, offices, shops, and restaurants. A luxury hotel is currently under construction, and additional development, including a grocery store and medical offices, is being considered.

Master Plan

The development is part of Hollywood Park’s master plan, focusing on media, entertainment, and technology. The plan is anchored by SoFi Stadium, YouTube Theater, and the NFL Media office building. According to Alan Bornstein, who is overseeing the studio’s development, "We want it to be recognized around the world."

Convergence of Media and Technology

Bornstein noted that there has been an increasing convergence of media and technology, all under the notion of entertainment distributed through multiple channels, including streaming, broadcast television, and movies in theaters.

Studio Facilities

The first phase of Hollywood Park Studios will occupy 12 acres and consist of five soundstages, each 18,000 square feet. Two of the soundstages may be opened to create a single 36,000-square-foot stage. The complex will have a three-story, 80,000-square-foot office building to support stage, production, and postproduction activities.

Future Expansion

Future development could include as many as 20 stages and 200,000 square feet of related office space. The additional stages would be built to suit future tenants as demand emerges.

Demand for Soundstages

Although demand for soundstages outstripped supply a few years ago, production has recently slowed, dampening the current need for them. Last year, the average annual occupancy rate dropped to 63%, according to a report by FilmLA.

Kroenke’s Vision

The foray into Hollywood-level production facilities is part of Kroenke’s goal to combine sports, entertainment, and media from around the world. In addition to the Rams, Kroenke owns several other sports teams, including the Denver Nuggets, Colorado Avalanche, and Arsenal Football Club.

Olympic Games

SoFi Stadium will be converted into the largest Olympic swimming venue in history during the 2028 Games and will host the Olympic opening ceremony with the Los Angeles Memorial Coliseum.

Construction and Financing

Architecture firm Gensler spearheaded the design for Hollywood Park Studios, with Clayco acting as the general contractor and Pacific Edge as project manager. Financing was arranged by Guggenheim Investments.

Conclusion

Hollywood Park Studios is set to become a major player in the entertainment industry, providing a state-of-the-art facility for movie and television productions. With its proximity to SoFi Stadium and the rest of the Hollywood Park complex, the studio is poised to become a hub for entertainment and media production in Los Angeles.

FAQs

• Q: What is Hollywood Park Studios?
  A: Hollywood Park Studios is a movie studio and international broadcast center being built next to SoFi Stadium in Inglewood.
• Q: What will the studio be used for?
  A: The studio will serve as the primary broadcast center for the 2028 Olympic Games and will be used for movie and television productions after the Games.
• Q: Who is developing the studio?
  A: The studio is being developed by Rams owner Stan Kroenke’s company.
• Q: What is the expected completion date of the studio?
  A: Construction is expected to start by summer, but no completion date has been announced.
• Q: How much will the studio cost?
  A: The cost of the studio has not been estimated.