A new film studio is in the works for Toronto, the first phase of a Downsview Studio Campus project to bring a major production center to the sprawling North York Airport site.
Demand landed with planners just days before another major studio announcement was revealed for Toronto. Weeks later, details of the city’s latest film industry victory are finally revealed.
Located just south of BMO Training Ground, the project is one facet of a larger framework by Northcrest Developments and the Canada Lands Company, aiming to transform 520 acres of land into a mixed-use neighborhood focused on the innovation known as id8 Downsview.
Northcrest is teaming up with Hackman Capital Partners to bring the new $ 200 million movie center to the city.
The owner and operator of dozens of film and television properties around the world is the same company involved in the upcoming $ 250 million investment in port lands with the Basin Media Hub. revealed last week.
That’s almost half a billion dollars combined that will be pumped into our city’s growing film industry over the next few years.
Announced in July 2021, the first phase of the studio’s construction would give Toronto’s film scene 57,329 square meters (or over 617,000 square feet) of new movie studios and supporting space.
Eight new sound stages would significantly increase the city’s cinematic capacity, complemented by production support, factory workshops, and production and management offices.
To the east of the proposed building, the studio would include a large outdoor filming area in the background.
Much of Toronto’s film production industry is currently concentrated in the Port Lands area, although this new studio will make the business more accessible to those who live further afield in the inner Toronto suburbs.
“This plan will not only create thousands of jobs in film and television, but it will open the door to a new media, technology and innovation center in Downsview that we can build on and develop on for years to come.” come, ”said Christopher Eby, executive vice president of Northcrest Developments, in a statement released earlier this year.
With Bombardier on the verge of leaving the facility to the south, there will be plenty of room for future expansion. For now, the proposed exterior backlot to the east of the soundstages has been designed for future flexibility such as an extension.
“Subject to city officials’ approval, our long-term plan calls for over one million square feet of production and support space, with sound stages ranging from 20,000 square feet to 80,000 feet. squares, ”said Michael Hackman, CEO of Hackman Capital Partners, of the project.