Hackman Capital Partners is an industry leading studio operator with a track record of success. The company has successfully modernized and transformed other studio properties into state-of-the-art production facilities to meet the growing and ever-changing needs of the entertainment industry. Hackman Capital Partners owns Culver Studios and Sony Pictures Animation campus in Culver City, the 22-acre Manhattan Beach Studios, and Raleigh Studios, one of the oldest film and television production facilities in Los Angeles.
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The company also owns Silvercup in New York City, Second Line Stages in New Orleans, Ardmore Studios and Troy Studios in Ireland, and Eastbrook Studios, which is currently under construction in London.
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Hackman Capital Partners (HCP), owner and operator of Television City (TVC), has a well-recognized track record of modernizing studios locally and across the world, including The Culver Studios, Manhattan Beach Studios, Silvercup Studios (New York), and Wharf Studios (London), to list only a few, into state-of-the-art production facilities that meet the growing and ever-changing needs of the entertainment industry. In fact, CBS Studios selected HCP as the new steward of the property over others because of their commitment to modernize TVC and ensure that it remains a premier studio as it has been for the last 70 years.
The TVC Project will preserve and modernize studio production in LA.
For over 70 years, Television City has been an iconic landmark in the Beverly/Fairfax community. The TVC Project will preserve the site’s long-standing use as a studio and modernize the facility to meet today’s content creators’ needs.
The TVC Project is significantly smaller than what the City allows for a Regional Center.
The TVC Project’s proposed floor area ratio (FAR) is significantly smaller than the Beverly Center or developments in Century City and Downtown Los Angeles. It is organized in a manner to appropriately fit the surrounding community and to ensure minimal disruption to local neighborhoods.
The TVC Project self-imposes height restrictions, setback requirements, and public realm improvements.
Existing zoning allows for unlimited height and has no setback requirements. The TVC Project commits to explicit height limitations, setback requirements, and improvements to the public realm.
Construction is estimated to last less than 3 years.
TVC Project construction activities will not be continuous until 2050 and are estimated to last 32 months in total.
The TVC Project will not result in significant transportation impacts during operations.
The Draft Environmental Impact Report (EIR) declared that this project would not result in significant transportation impacts during operations. In addition to dedicated employee commuter shuttles, bicycle facilities, incentives to utilize public transit, and ample on-site parking, the TVC Project also includes millions of dollars of investment in transportation improvements and public realm enhancements.
Dedicated commuter shuttles will bring employees to TVC.
Similar to other studios, universities, and tech companies, the TVC Project will provide dedicated commuter shuttles to bring employees from across the city to the studio.
Enhanced below grade areas.
The TVC Project proposes a significant dedicated area below grade to support basecamp activities, providing for efficient production operations throughout the studio.
The TVC Project is a studio project.
The TVC Project does not include residential uses.
There will be NO nightclubs at TVC.
The only reason the “nightclub” issue even came up is because among the long list of uses that the City generally allows in the C2 Zone (the existing zone today), nightclubs are one of the many permitted uses. However, we are committed to the TVC Specific Plan eliminating this for the TVC site. The Specific Plan will to foreclose that possibility.
This is one of the many advantages of establishing a Specific Plan for TVC. It allows the applicant, the community, and the City to come together to agree on specific rules tailored to the site.
Alcohol permits are a very common studio amenity.
Virtually every studio has a “studio commissary” — an on-site cafeteria(s) or dining room(s) used to host and nourish talent, production teams, and other studio employees.
Studio commissaries are commonplace within studios and have provided a key amenity from the earliest days of the entertainment industry. Paramount Pictures, Universal Studios, MGM, Warner Brothers, 20th Century-Fox, Raleigh Studios, and Sony Studios, among many others, all had studio commissaries, and all of these studio commissaries had alcohol permits.
Additionally, alcohol sales, service and consumption are routinely regulated in Specific Plans, as seen recently in the Paramount Pictures Specific Plan and Universal Studios Specific Plan.
The TVC Specific Plan includes this use to address the studio’s internal needs and also to support the neighborhood-serving retail uses that are planned for portions of the perimeter of the TVC site which will activate the frontage along Beverly Boulevard and/or Fairfax Avenue. These neighborhoods serving uses will ensure the edge of the studio is inviting and safe for the community to enjoy.
In fact, TVC’s neighbors, the Farmers Market and The Grove, also have had at least 27 alcohol permits for decades, and they have not been a problem for the community.
The limited number of alcohol permits requested by TVC will be used in a similarly responsible way, and will not be a nuisance for the community.
There is a long existing, working, helipad on the TVC site which was permitted and constructed more than 50-years (1971) ago to support the studio’s operations.
Helipads are a common feature of many studios and buildings throughout Los Angeles. In fact, many helipads in Los Angeles are required and used by the Fire Department and other law enforcement agencies.
The draft Specific Plan simply acknowledges this existing and long-permitted use.
Suggestions that the helipad will now be used improperly are simply fiction. Furthermore, the use, frequency, and hours of operation of helipads are heavily regulated by the FAA.
TVC will not misuse or abuse its long existing helipad which has been on the site for more than half a century.
TVC is invested in being a good neighbor in the Beverly-Fairfax Community.
TVC will help ensure the long-term vibrancy and success of the Beverly Fairfax neighborhood for decades to come. What will erode the neighborhood is a lack of investment and allowing the Television City site to fall into a state of underutilization, becoming obsolete and irrelevant, and losing the thousands of permanent jobs this project would create.
TVC has been an active part of the Beverly-Fairfax community for over 70 years. TVC wants to invest over a billion dollars to continue its legacy with improved public safety measures in and around the studio, streetscape improvements and street activation, better access and walkability, and support for small businesses. From helping rebuild the playground at Pan Pacific Park, to supporting local small businesses and local families, TVC is proud to be an active member of the Beverly-Fairfax community. To learn more about our community initiatives, click here.
TVC is committed to robust outreach and transparency.
TVC is a responsible neighbor and is fully committed to an ongoing community outreach program, listening and responding to community feedback throughout this process and beyond – holding numerous meetings with local stakeholders. As the process moves forward, we are committed to continuing to refine the draft Specific Plan to address community concerns. For a tour of Television City and to learn more about TVC, please sign up here.
Next Steps
In accordance with the California Environmental Quality Act (CEQA), the City of Los Angeles made the Draft EIR available for public review and comment for a 60-day public review period from July 14, 2022, to September 13, 2022. The Final EIR was released on November 21, 2023, and includes responses to comments received during the public review period and text revisions to the Draft EIR in response to input received. The EIR will be submitted to the decision-makers for requested certification and action on the Project. Robust community outreach will be conducted throughout the process.