First of Its Kind Film and Production Studio Campus Coming to Pier 94
The project team of Vornado Realty Trust, Blackstone, and Hudson Pacific Property have partnered with the New York City Economic Development Corp. (NYCEDC), creating Manhattan’s first public-private partnership venture for the development of a purpose-built state-of-the-art film and production studio campus at Pier 94 located off the Hudson River waterfront at West 54th Street. Dubbed Sunset Pier 94 Studios, the planned 266,000-square-foot campus will house multiple soundstages, 145,000 square feet of production support space and offices, and ample onsite parking. The project’s design is targeting LEED Gold and Fitwel certification as well as plans for operations to be powered by 100% renewable energy. The estimated $350 million investment by the project team will further drive the city’s economic recovery through the expected creation of more than 1,300 construction jobs, 400 permanent jobs, a program to support workforce development and training programs to connect local residents to opportunities within the film and media industries, while contributing $6.4 billion to the local economy over the next 30 years. Groundbreaking is slated for the third quarter of 2023, utilizing $183 million in construction financing led by the Royal Bank of Canada (RBC), with delivery expected by the year-end of 2025.
Sunset Pier 94 Studios: https://www.sunsetstudios.com/pier-94-production-studios/