May 30, 2023 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

Fox Studio Lot Set for Major $1.5 Billion Upgrade That Will Change the Westside’s Skyline

Construction could begin in a few years, following the entitlement process.

By Sam Catanzaro

Fox Studio Lot, one of Hollywood’s most iconic movie factories, is set to undergo a $1.5 billion upgrade that will add new production facilities and change the skyline of Century City. 

Fox Corp., which retained ownership of the lot after Walt Disney Co. purchased most of 21st Century Fox’s entertainment assets in 2019, submitted an amended plan to Los Angeles building officials on Wednesday. The proposal, dubbed “Fox Future,” includes the addition of office towers, soundstages, and other facilities used to make TV shows and movies, reflecting the high demand for stages in the streaming age. The plan would also bring a high-rise more than 30 stories tall on Avenue of the Stars that could be rented to tenants looking for upscale offices in Century City’s thriving market.

“The FOX Studio Lot is one of the most iconic and treasured production locations in the history of entertainment and is a rich part of our history,” said Lachlan Murdoch, Executive Chair and CEO, Fox Corporation. “The FOX FUTURE project represents a long-term commitment to our industry, to our community, and to the City of Los Angeles.”

The project will overhaul the historic Fox Studio Lot, occupying 53 acres of Century City real estate, bounded by Pico Boulevard, Olympic Boulevard, and Avenue of the Stars. Plans call for the construction of nine new soundstages, bringing the total on the lot to 24, as well as production facilities and high-rise offices. Among the most visible changes to the campus are a proposed 24-story media campus, which would be located along the northern side of the lot toward Olympic Boulevard, and a taller 35-story building toward the northeast section of the Fox Studio lot adjacent to Avenue of the Stars, which will function as independent office space. Construction could begin in a few years, following the entitlement process.

The Fox Future plan is expected to generate nearly 8,800 jobs in Los Angeles County and $9 million in annual tax revenues, as well as $20 million in transportation mitigation fees. The plan also includes upgrades to existing facilities on the lot, including a historic preservation plan, seismic retrofits of older buildings, and a renovation of Fox Sports Studio 

According to the Los Angeles Times, just 8.5 percent of Century City office space is currently unleased, less than half the 19 percent for the total Los Angeles market. 

“Century City is one of the world’s most prestigious business districts, and home to global corporations, entertainment giants, and emerging entrepreneurs within steps of premium retail, dining, hotels, and ever improving public transit. In Century City today, particularly along Avenue of the Stars, there are few opportunities for new construction and office occupancy rates remain the among highest in Los Angeles,” Fox Corperation said in a press release. “With Fox Future, FOX could seek a development partner to transform the northeast portion of the Lot along Avenue of the Stars into a world class, state-of-the-art building with 35 floors of office above seven floors of parking. Designed to meet LEED-Platinum standards, it would further activate the Avenue with its new public plaza and provide convenient access to the much-anticipated Metro D-line and allow for both direct connection to the Lot and entirely independent office space. Demonstrating a significant investment in the City’s future, the proposed office building would be designed to attract a notable corporate presence and provide a new headquartering opportunity in Century City.” 

The Fox Lot’s current vision is Fox Corporation’s second attempt at a new master plan in the last decade. Fox began laying the groundwork for what would have been 1.1-million-square-foot overhaul in late 2015, but the years since have seen many changes to Fox, including the sale of many of its assets to Disney and changes in demand for the industry as a whole.

Related Posts

(Video) New Residential Development On Robertson Boulevard

May 29, 2023

May 29, 2023

This future seven story structure at 1415 – 1429 Robertson will have 65 units. @culvercitywlanews New Residential Development On Robertson...

Pandemic-Induced Rent Debt Crisis Threatens Housing Stability

May 28, 2023

May 28, 2023

Low-Wage Workers and Communities of Color Disproportionately Affected By Dolores Quintana  Rental debt is an out-of-control problem that has worsened...

California Home Sales Decline Amidst Rising Mortgage Rates and Limited Inventory

May 28, 2023

May 28, 2023

Statewide Median Home Price Exceeds $800,000, Reaching Six-Month High By Dolores Quintana  According to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)...

New Residential Project on Robertson Boulevard Will Have 64 Apartment Units

May 28, 2023

May 28, 2023

The Seven-Story Complex Will Also Feature A Modern Design  By Dolores Quintana A new seven-story development will transform the 1415-1429...

(Video) The Street Where There Was An Attempted Robbery And The Suspect Was Chased By A Victim And A Gun Was Shot In Culver City

May 26, 2023

May 26, 2023

A robber attempted to steal a woman’s purse and her companion gave chase. The robbers did not get away with...

Health Advisory: Los Angeles County Health Warns Against Swimming This Weekend

May 26, 2023

May 26, 2023

Public Health Issues Caution as Bacterial Levels Exceed Health Standards  The Los Angeles County Department of Public Health cautions residents...

Disproportionate Impact of COVID-19 Revealed in Los Angeles County

May 26, 2023

May 26, 2023

People of Color, Others Bear Brunt of COVID-19 Cases, Hospitalizations, and Deaths Despite overall low transmission rates of COVID-19 in...

Violent Armed Robbery Takes Place Culver City Mall Parking Lot

May 26, 2023

May 26, 2023

Victim Assaulted and Robbed by Armed Suspects in Brazen Mall Attack By Dolores Quintana An armed robbery occurred in the...

Culver City Man Robbed at Knifepoint, Suspect Flees with Phone

May 26, 2023

May 26, 2023

Armed Suspect Strikes Victim’s Hand During Struggle in Ballona Creek Area By Dolores Quintana A male victim was robbed at...

Gunshot Fired During Culver City Attempted Robbery; Suspects at Large

May 26, 2023

May 26, 2023

Violent Confrontation Unfolds as Victim Gives Chase After Purse Snatching At Restaurant By Dolores Quintana An attempted robbery turned violent...

Suspect Arrested in Culver City Robbery and Attempted Carjacking

May 26, 2023

May 26, 2023

Armed Suspect Targets Victims With Scissors and Knife, Wore An Ankle Monitor By Dolores Quintana A suspect has been apprehended...

Suspect Arrested For An Attempted Murder in Culver City

May 26, 2023

May 26, 2023

Victim Stabbed Multiple Times With Butcher Knife; Culver City Police Apprehend Suspect By Dolores Quintana A male suspect has been...

(Video) Tito’s Tacos In Culver City

May 25, 2023

May 25, 2023

Since 1959, one of Culver City’s and the Westside’s most enduring Mexican restaurants. @culvercitywlanews Tito's Tacos In Culver City. Since...

Don Victorino Has Spent 28 Years Expertly Cutting Meat For Tito’s Tacos

May 25, 2023

May 25, 2023

The Restaurant’s Tasty Tacos And Burritos Main Ingredient Is Hand Carved Tito’s Tacos, at 11222 Washington Place in Culver City,...

Rumors Are Swirling About Raising Cane’s Coming To Westwood

May 24, 2023

May 24, 2023

Vanderpump Rules Star Ariana Madix Works The Drive-Through In El Segundo Rumors are swirling that Raising Cane’s, the immensely popular...