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Sound Stage Building, Buying Boom Accelerates As Hackman Capital To Develop New ‘Basin Media Studios’ In Toronto

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deadline.com

LA-based Hackman Capital Partners just announced its latest project — working with the City of Toronto to develop a new complex called Basin Media Studios amid a production boom in that city and a global race to expand capacity to accommodate the explosion of TV and film production.

Construction is planned to start by 2023 on 8.9 acres of a publicly-owned parcel on the waterfront of the Media City district of Toronto’s Port Lands, a redevelopment zone focused on growing Toronto’s $2 billion screen-based industries.

It will offer eight large, state-of-the-art sound stages, production offices and support and workshop space. An estimated $250 million investment will be one of the most significant to Toronto’s film and television production

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