Located on the west side of downtown Chicago, Cinespace Chicago Film Studios occupies 1.45 million sq. how interested you are in the Fire, whose season begins Saturday against New York City FC at Soldier Field. ft. of what use to be the old Ryerson Steel Company. Today's news is good news for Cinespace Studios, our city, and our thriving film sector. Illinois offers production companies 30% tax credits on production costs and on salaries up to $100,000 through 2026. TPG is bullish on the Chicago film scene as well. Our Locations Cinespace Chicago Your preeminent production platform with 36 active stages across its 1.6 million square foot two campuses, located within 15 minutes of downtown. Do. Jones Lang Lasalle served as financial advisor to TREP. 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.". The program has provided training to local youth and young adults, giving its apprentices the opportunity to work on Cinespace Chicago campus productions. 3.6 million square feet. and Cassels Brock & Blackwell LLP served as legal counsel to Cinespace. Monique Scott needed more than 50 percent of the vote to avoid a runoff. Were expanding beyond our workforce development program in Chicago to Toronto so stay in touch for updates. Subscribe:Sign up for our FREE e-lert here. One of the projects launched under Pissios tenure is a pipeline program called CineCares. 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. Sign up for our free elert here. Box Office: Michael B. 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A TPG official, Keith Gee, will be chief financial officer and the other co-managing partner. The family-owned Cinespace Chicago Film Studios in North Lawndale has been sold to private equity firm TPG. The studio recently announced it will add up to 19 more soundstages to its campus, about 50 percent more than the studio already has. 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 Chicago Film Studios specializes in the Development, Management & Operation of Studio Facilities. Cinespace Chicago has 33 stages, with an additional 15 stages to be developed or converted on more than 60 acres. Your pleasant demeanor, warm smiles, and bigger-than-life personality will be sorely missed on campus. Chicago is not trying to be Hollywood. By clicking below to submit this form, you acknowledge that the information you provide will be processed in accordance with our Privacy Policy. Cinespace Chicago specializes in the development, management and operation of studio facilities, now home to the Dick Wolf One Chicago franchise of Chicago Fire, Med and P.D., The Chi, Lightyears,61stStreet,Power Book IV: Force, Paper Girls, South Side, andThe Big Leap. 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. Egan and Gee are accomplished executives who have significant experience building and scaling businesses. Block Club Chicago is a nonprofit news organization dedicated to delivering reliable, nonpartisan and essential coverage of Chicagos diverse neighborhoods. Cinespace Studios in Chicago has 33 stages, with 15 more under development. One of Pissios' deepest passions while CEO of Cinespace was to provide education and job training within the film industry. Cinespace Chicago specializes in the development, management and operation of studio facilities, now home to the Dick Wolf One Chicago franchise of Chicago Fire, Med and P.D. As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as Co-Managing Partners and COO and CFO, respectively. Stay on top of the latest advertising, film, TV, entertainment and production news. The pop-up runs Friday through the end of March. window.__mirage2 = {petok:"GL3.c8oBr.U4p6a6d_QPYkkKQ28t0k7.ps5ff2XyKPQ-1800-0"}; 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 Film Studios has been home to NBCs Chicago Fire, Chicago Med and Chicago P.D. The Cinespace brand is recognized around the world for the productions filmed on its premises by the most renowned content creation companies. 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. 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. Cinespace intends to grow its employee base at each studio as a result of the transaction. Forceis set on Chicagos South Side and stars Chicago Northwest Side native Joseph Sikora and also welcomes Anthony Fleming (Prison Break) and Lucien Cambric (Chicago PD) to the show. Power Book IV: Force, the third spin-off of the popular StarzPower series produced by Lionsgate, is also shooting at Cinespace Chicago Film Studios. 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. For 10 years, the majority of TV and movie projects in Chicago have been filmed at Cinespace Chicago Film Studios, the soundstage complex in North Lawndale. It was a stunning rebuke. Key developments evolving in sale of Brauer Museum artwork by Valparaiso University, Its Chicagos fake birthday: Here are 30 essential foods and drinks to celebrate, from Rainbow Cone to Malrt, Carol Stream man, 35, dies in custody at Cook County Jail, officials say, Do Not Sell/Share My Personal Information. person to lead the city, failed to advance to a runoff, earning just 17 . (StockSnap / Pixabay). He has the pedigree, too: his grandfather Bob was a left tackle and offensive captain on Packers teams that won five NFL championships from 1961-67. According to Crains Chicago Business, TPG, in a statement, has confirmed that its TPG Real Estate Partners unit has made the acquisition. 19 talking about this. Eastdil Secured provided financing advisory to TREP for the transaction. Pascal Sabino 1:39 PM CST on Nov 12, 2021 This courtroom drama follows a promising black high school athlete who is swept up into the Chicago criminal justice system. Having Chicago as a critical link to providing not only quality entertainment, but also good-paying jobs in our community makes all the extra effort to help production companies keep filming worth it.". Polling Place: Is Patrick Kane the greatest Blackhawk ever. Pissios cooperation earned him a non-prosecution deal with federal prosecutors on fraud charges tied to his 2011 personal bankruptcy. Located on the west side of downtown Chicago, Cinespace Chicago Film Studios occupies 1.45 million sq. I also want to thank the Mirkopoulos family for founding and building up Cinespace here in our city. Today, TREP has $5.3 billion of assets under management. Cinespace was initially launched with a sizable Toronto facility in the late 1980s under the stewardship of the late Nick Mirkopoulos. The CineCare's Foundation Mirkopoulos Internship Program partners with FOX, HBO, NBCUniversal, Wolf Films, and Studio Mechanics Union Local 476. About Us Locations CineCares News Contact Cinespace Chicago Cinespace Toronto Studio Babelsberg Cinespace We're the perfect partner for your next production. Returning series filming at the Chicago campus includeChicago Fire, Season 9;Chicago P.D., Season 8;Chicago Med, Season 6; andThe Chi, Season 4; South Side, Season 2; andThe Big Leap. In Chicago, Cinespace Chicago Film Studios virtually rose up out of an abandoned steel mill. The CineCares Foundation aims to empower Chicago residents in these communities by creating opportunities for education and employment in the TV and film industry. Follow our newsletter to keep up with new offerings and opportunities at Cinespace - and key developments across our entire industry. 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. 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. Follow our newsletter to keep up with new offerings and opportunities at Cinespace and key developments across our entire industry. Ve el apartamento 3N en alquiler en 1448 S Rockwell St en Chicago, IL desde $1200 y encuentra otros apartamentos disponibles en Chicago. Skip to content About Us Locations CinecaresNews Contact Log In Cinespace Chicago Cinespace Toronto Cinespace furthers their vision to build a premier global production platform Reel Chicago News Cinespace Studios announced a series of key leadership changes at Studio Babelsberg, a leading German film studio majority owned by Cinespace. As the Dick Wolf, One Chicago series prepares to wrap soon for the season, Cinespace announced four new series filming at its facilities. DOWNLOAD THE FOX 32 NEWS APP. Mayor Lori Lightfoot commended the investment for the jobs and productions it will bring to the city. The show follows a couple who discovered a chamber buried in their backyard, which inexplicably leads to a strange, deserted planet. Cinespace Chicago Film Studio president Alexander S. "Alex" Pissios at a news conference last February at Cinespace Chicago Film Studio. 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 . Monique Scott was sworn into City Council to replace her brother, former Ald. Oscar-winner Sissy Spacek and three-time Emmy-nominated Ed ONeill will star in the sci-fi drama. The largest provider of sound stages and production support in the region, at 1.4 million square feet - with a total of 29 stages over three major campuses, including purpose built stages with 45 clear heights. 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.. Lightyearswill premiere exclusively on Amazon Prime Video. Follow our newsletter to keep up with new offerings and opportunities at Cinespace and key developments across our entire industry. We also wanted to know or did we? 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 . We have been studying the content creation and production landscape as an investment theme for a few years, and in that time have developed a relationship with the family behind Cinespace. Were really happy to have the industry back in action on our campus, said Alex Pissios, president and CEO of Cinespace Chicago Film Studios. With 42 sound stages on its 2.2 million square foot main campus in Chicago's North Lawndale neighborhood and additional studios at 31st and Kedzie, Cinespace is the largest film studio outside of California. Chicago, Illinois, United States . Website. When Hollywood comes to Chicago to film, they do it Chicago style. 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. Consumer appetite for original content is a growing secular trend that has accelerated through the pandemic, leading to a dramatic increase in the demand to produce new films and television and in turn, a surge in the need for studio space, said Avi Banyasz, partner and co-head of TPG Real Estate, in a statement. Leslie Shribman and Courtney Power The statement also includes praise from Mayor Lori Lightfoot and Gov. This enterprise has been a true family business, and todays transaction marks another important milestone in our 33-year history. Ashlee Rezin Garcia / Sun-Times Alexander S. Pissios, president of Chicago's largest movie studio, had gone bankrupt but was still more than $1 million in debt when federal agents showed up three years ago. I want to thank TPG for their commitment and investment in Toronto and the future of Cinespace. Cinespace Toronto has 23 production stages across the city, with another 12 stages planned for development on more than 40 acres. Cinespace is the second largest independent sound stage platform in North America with best-in-class studio campuses. General Inquiries 773.521.8000 studioinfo@cinespace.com 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 deal includes both the Chicago and Toronto locations, which have more than 50 soundstages combined. Our clients create groundbreaking films and television. Theyve carefully guarded their secret, but when a mysterious young man enters their lives, the couples quiet existence is quickly upended. Keith Gee, of LifeStorage, will become another co-managing partner and CFO. Skip to content Reel Chicago News At the Intersection of advertising, TV, film and production REEL PRO During the waning days of Gov. J.B. Pritzker welcomed Cinespaces new owners and said in a statement he was pleased the firm would expand the states capacity for television and media production will create opportunities for countless Illinoisans including the job training and apprenticeship programs that have been hallmarks of Cinespaces efforts in Illinois.. A press release from TPG says former Netflix executive Eoin Egan will take over as a co-managing partner and COO. You can accept the use of cookies or other identifiers by closing or clicking the accept button. Force is set on Chicago's South Side and stars Chicago Northwest Side native Joseph Sikora and also welcomes Anthony Fleming (Prison Break) and Lucien Cambric (Chicago PD) to the show. Cinespace Chicago specializes in . Eoin Egan, who served as the head of production services at Netflix, will serve as the chief operating officer of Cinespace, officials said.