“This site has sat vacant for decades, paving the way for responsible urban infill development, and it has great expansion potential.”ĭevelopers plan to have the studios open for occupancy in fall 2024. “We have been in predevelopment since 2018-a long time, because we have been working through site selection and various iterations until we got it just right,” she said in a news release. Susan Cronin with Loop Capital Real Estate Partners said the project has been in planning for about five years. Currently, there are 15 current or upcoming TV series being filmed in Chicago. Although numbers are not yet final, she said TV and film production generated $700 million in revenue in 2022. 6 news conference that TV and film production is on the rise in Chicago. The Chicago City Council gave zoning approval for the film/TV campus in July 2021. The name of the Regal Mile Studios pays homage to the Avalon Regal Theater, which was constructed in 1928. The theater is currently shuttered and not part of the development plan. The studios' name pays homage to the Avalon Regal Theater, which opened in 1928, and was an entertainment destination for decades. "We don't want to make concrete boxes that don't fit with the context of the neighborhood," Torrez said. The architect also wants to create a building that fits in with the surrounding area. "Any new development is an opportunity to do things right for 2023 and beyond in terms of sustainability." " would like to see green and sustainable design in the building," Torrez said. It will be part of the Arts and Culture District that will include the Museum of Science and Industry, the Obama Presidential Center and the Stony Island Arts Bank .He said green walls and other sustainable elements also will be part of the design. This project is a component of a grander plan for South Shore. Renowned for their award-winning work, including collaborations with the Cubs, Dyson, and Apple, they specialize in making stunning videos that effortlessly captivate and leave a lasting impact.
Robust career pipeline for the media industry. Bottle Rocket Media, nestled in Chicago’s Fulton Market District, is a top-tier video production and video SEO agency. To have a pipeline of a qualified media workforce, Regal Miles Studios wants toĭevelop a training program in conjunction with Chicago Public Schools (CPS) for “This area needs revitalizing, and this expansive studio will help to do that.” “We take great pleasure in helping launch this exciting project,” explains Calvin Holmes, President, Chicago Community Loan Fund. CCLF will provide a $5 million predevelopment loan to the project. The complex will generate 300 production project jobs annually. This $60 million state-of-the-art, 7-acre media campus will add 250 construction jobs as well as 34 permanent full-time studio jobs in the South Shore neighborhood. Aerial view of Regal Mile Studios locations This Southside district that has remained vacant and blighted for more than twoĭecades.
This project will be a new economic driver and will inject life into South Chicago Avenue in the Stony Island Avenue and Burnside IndustrialĬorridors. Studios will be located at 79 th Street, Stony Island Avenue and In their desire to be the “Hollywood” of the Midwest, they plan to attract production companies, television networks, cable networks, streaming services, movie studios and other types of entertainment companies. The facility will be approximately 220,000 square feet with five sound stages, pre- and postproduction facilities, administrative offices, a mill, wardrobe room, cafeteria and flex space. Through strategic partnerships with major studios, agencies and foreign sales companies, Cross Creek Pictures produces studio-quality films, offering A-list filmmakers and talent the opportunity to partner with a financier that fosters an environment where both creative and financial decisions are made in a symbiotic manner. Regal Mile Ventures, LLC, recognizes Chicago’s increasing ability to attract major players in the film and television industry, and that is why they are creating Regal Mile Studios, a state-of-the-art, independent film and television soundstages facility. This growth industry provides quality jobs for thousands of Chicagoans andĬreates opportunities for hundreds of hometown businesses. Shoots each year that are produced for both national and international clients.
The Chicago Film Office, 1,100 feature films and television productions haveīeen filmed in Chicago, and that has added $2 billion to the city’s localįilm Office states: Chicago attracts hundreds of commercials and photo IV: The Force, Empire, Fargo, The Trial of the Chicago 7 and many more. Chicago, Illinois will soon welcome The Fields Studios the city’s first purpose-built and, to date, largest film and TV production complex. Productions like Chicago Fire, Chicago Med, Chicago PD, The Chi, Power Book Years, the television and film industry has selected Chicago for major