Industry veteran Eoin Egan, who most recently was head of production services at Netflix, will join Cinespace as chief operating officer and a co-managing partner. New production scheduled to film at Cinespace Chicago Film Studios this spring includeLightyears,61stStreet,Power Book IV: Force, and Paper Girls. One of the most storied studio complexes in the world, offering 21 sound stages rich in history, with vast production facilities and second-to-none production services that have been utilized by legendary filmmakers. In the ensuing decade, that key facility has grown to include 36 soundstages, helping to bring . Community has always been core to who we are at Cinespace, and I am deeply proud of the employment and education opportunities weve created, said Alex Pissios, president and CEO of Cinespace Chicago. Its how we build something beyond facilities, develop a stronger, more diverse workforce, broaden educational platforms, change the narrative behind the camera, and affect meaningful change to create a more vibrant industry. Chicago has a compelling, beautiful cityscape with so much potential. Apartamentos.com cuenta con recorridos en 3D, videos en alta definicin, reseas y mucha ms informacin verificada que el resto de las pginas de alquileres. Cinespace intends to grow its employee base in Chicago and Toronto, officials said. Studio Babelsberg Honored as Treasure of European Film Culture, Cinespace to Expand Production Infrastructure in Port Lands to Better Serve Toronto, Hollywoods Streaming Gold Rush Keeps Ontario Soundstages at Full Capacity, Cinespace Studios Announces Updates to Platform Following Annual General Meeting at Studio Babelsberg, Cinespace Names Andy Weltman Co-CEO of Legendary Studio Babelsberg, Illinois Shatters Record for Film Production Revenues at $630 Million in Economic Impact, Chicago Public Servant Michael Scott Jr. to Join Cinespace Studios as Director of Industry and Community Relations, Cinespace and York University Commit $3.12 Million to Motion Media Studio for Students, Illinois Film Production Tax Credit Expanded. The Midwest's production hot spot and second-largest film studio outside of Los Angeles in North America, recently added another 105,000 square foot industrial . CineCares Foundation, which was founded by Cinespace Chicago, aims to provide job training and education in the TV and film industry to underserved communities. Monique Scott, 51, said she is preparing to fight for the neighborhood she was raised in. During this pandemic, I think we all had a chance to experience how essential quality shows are to our culture and even to our mental health. Sign up for our morning newsletter to get all of our stories delivered to your mailbox each weekday. Cinespace Chicago Film Studios, the second-largest film studio outside of Los Angeles in North America, is pleased to welcome several new productions to its growing campus as the Studios. Block Club Chicago is a nonprofit news organization dedicated to . Cinespace Chicago specializes in the development, management and operation of studio facilities. Clickhereto support Block Clubwith atax-deductible donation. 1448 S Rockwell St Chicago, IL 60608 - Alquileres en Chicago, IL During the waning days of Gov. person to lead the city, failed to advance to a runoff, earning just 17 . Zach Long. Cinespace Chicago Film Studios specializes in the Development, Management & Operation of Studio Facilities. Stay on top of the latest film, TV, advertising, entertainment and production news! Lightyears will premiere exclusively on Amazon Prime Video. All Rights Reserved. CHICAGO, April 21, 2021 (GLOBE NEWSWIRE) -- The film industry in Chicago is back up and rolling! For more information, visit www.tpg.com. Contact | Cinespace The statement also includes praise from Mayor Lori Lightfoot and Gov. Michael Scott Jr. (24th) is resigning from the City Council to take a job with Cinespace Studios, a West Side movie studio."Cinespace Studios is an important part of the local . TPGs investment will expand these efforts and provide more jobs for Illinois.. Eastdil Secured provided financing advisory to TREP for the transaction. Cinespace Studios has sold for $1.1B to TPG Real Estate - ReelChicago.com Masking, social distancing, and capacity limits in public and workplaces continue to be enforced at Cinespace Chicago Film Studios for the health and safety of staff and all production workers. Friday April 20 2018. Cinespace Chicago specializes in . Chicago has always been a major player in film and TV production, but truth be told, this family took it to a whole new level. A federal appeals panel has ruled an Illinois state agency didn't violate . Do. Much Shelist P.C. This enterprise has been a true family business, and todays transaction marks another important milestone in our 33-year history. The studio recently announced it will add up to 19 more soundstages to its campus, about 50 percent more than the studio already has. Uncle Nick had the foresight to recognize how important it was for Chicago and the TV industry to have a facility to base a series there. Sign up for our Eat. Sign up for THR news straight to your inbox every day. On Friday TPG Real Estate Partners, the real estate arm of the private equity firm TPG, announced plans to acquire Cinespace, the family-run business where the Dick Wolf shows for NBC film. While making deliveries the day after Halloween, the girls become involved in a conflict between two groups of time travelers. As the Dick Wolf, One Chicago series prepares to wrap soon for the season, Cinespace announced four new series filming at its facilities. From Road to Avonlea to Best Picture Oscar winner Chicago, Pompeii and The Strain, Cinespaces model of large, functional spaces and expert client service continues to make Toronto and Cinespace the premier destination for film and TV production in Canada. Follow Your Favorite Chicago's Afternoon News Personalities on Twitter:Follow @SteveBertrand Follow @kpowell720 Follow @maryvandeveldeFollow @LaurenLapka Launched in Chicago in 2010 by the Pissios family, Cinespace Chicago operates 33 stages, with an additional 15 stages undergoing development or conversion on more than 60 acres near Douglass Park. Since opening in 2011, Cinespace has helped bring more than 15,000 new jobs to the area. Cinespace Chicago opened in 2010 and currently operates 33 stages, with an additional 15 stages undergoing development or conversion on more than 60 acres. This timely and provocative drama is set against the systemic abuse that exists in some of our countrys most vulnerable communities. I am thrilled to see this acquisition expand our capability for content creation and look forward to the jobs and production it will bring to our region.. Located on the west side of downtown Chicago, Cinespace Chicago Film Studios occupies 1.45 million sq. Cinespace Chicago Film Studios' sprawling 60-acre campus is located on the West Side, with the main studios at 2621 W. 15th Place in North [] 86 active stages. After a Covid-19 hiatus, Chicago's film industry is back up and running, with local film studio Cinespace Chicago adding more than 100,000 square feet of production space to keep up with demand. Egan most recently was head of production services at Netflix, and Gee was the CEO of Strive and CFO and president of LifeStorage, two former TREP portfolio companies. Cinespace, the studio that is home to Chicago-based film and TV productions including "Chicago Fire," has been sold to the real estate arm of TPG, a buyout firm based in Texas and California, the two companies announced Friday. As a Cinespace executive, Pissios also wore a wire on former Teamsters boss John Coli Sr., who pleaded guilty to extorting more than $300,000 from the company to maintain labor peace at the studio. PDF Ever more enticing tax credits, locations renaissance in Chicago and Stay on top of the latest advertising, film, TV, entertainment and production news. In Toronto, Cinespace Film Studios was founded in 1988 by highly revered, (Uncle) Nick Mirkopolous. To learn more, please refer to the cookie policy. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. In true business news nerd fashion, I wanted to find a Valentine's Day angle . The comic book series will bring a lot of excitement to the small screen exploring everything from time travel between different centuries, future versions of characters, and the question of whether or not the past can or should be changed by time travelers. Monique Scott needed more than 50 percent of the vote to avoid a runoff. It is home to Dick Wolfs Chicago-set shows, including the One Chicago series, and Showtimes The Chi.. and Cassels Brock & Blackwell LLP served as legal counsel to Cinespace. Cinespace is up and rolling with 4 new series and more Reel Chicago News New programs scheduled to film at Cinespace Chicago Film Studios this spring include Lightyears, 61st Street, Power Book IV: Force, and Paper Girls. Teagan Pompa - Senior Studio Technician - Cinespace Chicago Film Jones Lang Lasalle served as financial advisor to TREP. Chicago is an entity of its own. TPG Real Estate Buys Cinespace Toronto, Chicago Studios for $1.1 TPG Real Estate has a portfolio of some $5 billion in properties under management, according to the company website. We are thrilled to have the opportunity to expand on their vision by building a best-in-class studio platform that serves the creator community and drives job growth in Toronto, Chicago, and beyond, continued Jacob Muller, Managing Director at TREP. Scott Vs. Scott: Ald. Monique Scott Headed To Runoff Against Creative When Hollywood comes to Chicago to film, they do it Chicago style. I look forward to seeing Cinespace and the entire film sector in the city with all the jobs that rely on it continue to grow over the coming years.". (StockSnap / Pixabay). The film operation at The Fields would be a smaller version of the Cinespace Chicago Film Studios campus on the West Side, where TV shows and movies are filmed and produced. Executive producer Michael B. Jordan (Black Panther) is already shooting the AMC drama series61stStreet at Cinespace Chicago Film Studios. Located on the west side of downtown Chicago, Cinespace Chicago Film Studios occupies 1.45 million sq. An effort to help diversify TV and film crews, CineCares has created a meaningful (and paid) foot in the door for people of color. Cinespace Chicago opened in 2010 and currently operates 33 stages, with an additional 15 stages undergoing development or conversion on more than 60 acres. Thanks for subscribing to Block Club Chicago, an independent, 501(c)(3), journalist-run newsroom. Cinespace Studios, which helped spark a boom in movie and television production in Chicago, has been sold to a private equity firm that tapped a former Netflix executive to lead the operation on Chicago's West Side. The family that owns the Cinespace soundstages where - Chicago Tribune Cinespace announced in April plans to add 16 sound stages to its campus on the citys Southwest Side, with Pissios at the time telling Crains that the studio had to turn away projects, and that the expansion would add some 1,200 jobs in the local film industry. I am thrilled to see this acquisition expand our capability for content creation and look forward to the jobs and productions it will bring to our region. Officials with TPG, a Texas- and California-based buyout firm, did not reveal how much it paid for Cinespaces operations in Chicago and Toronto. One of the projects launched under Pissios tenure is a pipeline program called CineCares. Williamson is a native Chicagoan and rose through the ranks of commercial, non-scripted and scripted TV production starting as a production assistant. The company launched in Toronto in 1988 and today operates 23 production stages across the city, with another 12 stages planned for development on more than 40 acres. They've carefully guarded their secret, but when a mysterious young man enters their lives, the couples' quiet existence is quickly upended. We welcome this acquisition by TPG and look forward to their continued investment in Cinespace and commitment to growing their operations in Toronto. Got a story tip? Clickhereto support Block Clubwith atax-deductible donation. The studio has about 33 sound stages and recently announced it will add up to 19 more soundstages to its campus. While making deliveries the day after Halloween, the girls become involved in a conflict between two groups of time travelers. Cinespace Chicago Film Studios announces huge expansion by the - WGN Cinespace Chicago Film Studio Arts & Culture. As The Hollywood Reporter noted in August: The studio lot industry is riding high on private equity money as investors bet that the busy facilities boosted by streaming projects will offer better returns than office towers.. Cinespace Chicago specializes in the development, management, and operation of studio facilities for the film, television, and digital media production industry. Oscar-winner Sissy Spacek and three-time Emmy-nominated Ed O'Neill will star in the sci-fi drama. . Cinespace Chicago Film Studios welcomes several new productions to its growing campus.. As the Dick Wolf, One Chicago series prepares to wrap soon for the season, Cinespace announced four new series filming at its facilities.. It was a stunning rebuke. Pissios went on to be president of Cinespace Chicago Film Studios, the post he held when federal prosecutors accused him of failing to disclose all of his assets in his bankruptcy and got him to . TPG Real Estate Acquired Cinespace Studios In Chicago And - Deadline On a personal note, the Chicago film community, the recipients of the CineCares Foundation, the Pilsen neighborhood, and the City of Chicago, owe a huge debt of gratitude to Uncle Nick Mirkopolous, Alex Pissios, and the entire Mirkopolous family for having the foresight, determination, talent, expertise, faith, and vision to raise up the Chicago film industry when others have tried and failed. Cinespace Chicago Film Studios | LinkedIn Information. I look forward to partnering with TPG to continue growing this critical industry and seeing what Illinois talent and infrastructure inspires in creatives across our state., Chicago Mayor Lori E. Lightfoot continued: "Chicago has a compelling, beautiful cityscape with so much potential for film productions of all mediums and sizes. Box Office: Michael B. Jordans Creed III Grabbing Title With Series-Best $51M Opening, Lionsgate Dealmakers Michael Burns, Brian Goldsmith Extend Contracts, Jefferson White, Adeline Rudolph Join Hellboy Movie The Crooked Man, Jonathan Krisel in Talks to Direct Pokmon: Detective Pikachu Sequel, Zedd's Striking Beverly Hills Mansion Finally Sells to Kenya Barris, Jennifer Lopez Lists Bel Air Mansion for $42.5M Complete With an Outdoor Amphitheater for Home Concerts, John Malone and Charter Directors Reach $87.5M Deal to Settle Investor Suit, Rupert Murdoch, Fox Corp. 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TPG was founded in 1992 and now has approximately $108 billion of assets under management with investment and operational teams in 12 offices around the world. The bar will host a flip cup tournament, trivia nights and, of course, a St. Patrick's Day bash. Cinespace Studios Sold to Private Equity Firm | Chicago News | WTTW Masking, social distancing, and capacity limits in public and workplaces continue to be enforced at Cinespace Chicago Film Studios for the health and safety of staff and all production workers. Mayor Lori Lightfoot commended the investment for the jobs and productions it will bring to the city. General Inquiries 773.521.8000 studioinfo@cinespace.com Returning series filming at the Chicago campus include Chicago Fire, Season 9; Chicago P.D., Season 8; Chicago Med, Season 6; and The Chi, Season 4; South Side, Season 2; and The Big Leap. Keep up to date with our latest industry news, from across the world. Illinois Governor JB Pritzker commented: Illinois is proud to welcome TPGs investment in Cinespace and Illinois booming film industry. As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as Co-Managing Partners and COO and CFO, respectively. Cinespaces new owners plan to expand the CineCares Foundation, which offers residents of underserved Chicago neighborhoods job training and education in the television and film industry. Opinion | The Spectacular Fall of Lori Lightfoot - The New York Times The acquisition of Cinespace comes as the streaming content boom has Wall Street and hedge funds eyeing studio campuses for acquisition. Sign Up:Stay on top of the latest film, TV, advertising, entertainment and production news! Cinespace is the second largest independent sound stage platform in North America with best-in-class studio campuses. The series of film studio facilities occupy over 1 million square feet of studio, office and support space on over 40 acres of land. Media Contact Your pleasant demeanor, warm smiles, and bigger-than-life personality will be sorely missed on campus. Alexander Pissios, President of Cinespace Chicago Film Studios joins Steve Bertrand on Chicago's Afternoon News to talk about his plan to expand its studios by 50% by the end of 2021. ", The Honourable Doug Ford, Premier of Ontario, said: Since launching in 1988, Cinespace has been a pillar of Torontos world class entertainment industry. Cinespace Chicago Film Studios - DePaul University Sep 2021 - Mar 2022 7 months. The Midwest's production hot spot recently added another 105,000 square foot industrial building near its main campus to expand its footprint and bring more stages online for the busy content creation industry. Cinespace Chicago Film Studios, the second-largest film studio outside of Los Angeles in North America, is pleased to welcome several new productions to its growing campus as the Studios continue to strictly follow health and safety best practices from the CDC and Illinois Guidance. 3.6 million square feet. Cinespace also has a significant presence in Toronto. Its a done deal! said Pissios. For more information on programs filming at Cinespace Chicago Film Studios or for information on CineCares Foundation, please visit ChicagoFilmStudios.com or CineCaresFoundation.org. This courtroom drama follows a promising black high school athlete who is swept up into the Chicago criminal justice system.
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