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Although the pandemic emptied white-collar offices, sound stages have been a hot ticket as entertainment production keeps rising.
Against that backdrop, plans have been filed with the city for a complex called Echelon Studios, which could help meet growing demand for facilities as the industry starts to ease COVID-19 pandemic restrictions. Once production is back to full speed, companies are expected to ramp up to satisfy the need for content in theaters and on new streaming services.
Soundstages “have been in short supply for a long time,” real estate developer David Simon said. “Occupancy has been at 95%-plus for the last five or six years, and looking forward we don’t see a letup in demand.”