Rupert Murdoch’s Fox is pressing ahead with plans to redevelop its 50-acre Fox Studio Lot in Century City.
The New York-based entertainment giant run by Rupert’s son Lachlan Murdoch has applied for state environmental approvals to add 2 million square feet of soundstages, new production facilities and offices at 10201 West Pico Boulevard, CoStar News reported, citing state documents.
Fox’s application comes 11 months after the firm announced plans to add nine soundstages and a 24-story office tower to the nearly century-old studio lot once run by 20th Century Fox. Some 465,500 square feet of buildings would be demolished.
The plan would increase the entertainment studios’ footprint by 88 percent, according to state documents. A timeline for construction was not disclosed.
Fox has leased the facility to Disney for seven years as part of a $52 billion deal in 2017, in which Disney acquired Fox’s film and television assets, much of which was centered on the lot.
The 50-acre Fox Studio Lot, founded in 1928, now has 15 studio soundstages, according to its website.
The expansion project, dubbed Fox Future, would bring the total number of soundstages to 24. It would also add post-production facilities, base camps and media campus offices for film and television production in the digital age.
With Fox Future, Fox could seek a development partner to transform the northeast portion of the lot along Avenue of the Stars into a building with 35 floors of office above seven floors of parking.
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