LOS ANGELES—Hudson Pacific Properties is preparing to start construction on its Icon at Sunset Bronson Studios, the centerpiece of the studio’s $150-million expansion project. Located at Sunset Bronson Studios, one of Hollywood’s oldest studios, Icon is a 14-story, 315,000-square-foot creative office building. The greater expansion project also includes a five-story production building and a parking structure with 1,635 parking spaces.
“Icon at Sunset Bronson Studios presents the opportunity for innovative businesses to locate on an active and bustling studio campus and meets the significant demand for class-A office space in Hollywood,” Christopher Barton, EVP at Hudson Pacific Properties, tells GlobeSt.com. “The building offers large continguous floor plates, multiple outdoor terraces, great views and robust infrastructure.”
Icon is located on a 10.55-acre lot at the intersection of Bronson Street and Sunset Boulevard. Architecture firm Gensler designed the building with tiered and stacked layers wrapped in floor-to-ceiling glass. The interior spaces feature increased ceiling heights, views from articulated window walls and abundant natural light. Although the building will cater to creative offices seeking a highly creative studio environment, the floor plates can be configured for both open and traditional floor plans. The completed building is expected to meet LEED-Gold certified standards.
Once complete, Sunset Bronson Studios will have 700,000 total square feet of offices, sound stages and production facilities. “There is an inherent creative energy on a studio lot that cannot to be replicated,” says Victor Coleman, chairman, CEO and president of Hudson Pacific Properties. “The expanded Sunset Bronson Studio campus will allow all types of media and technology businesses to interact, share ideas and potentially form new connections.”
Late last month, Hudson Pacific priced a public offering of 3.5 million shares of common stock at $23.03 per share. The offering closed March 25, and Hudson Pacific did not expect to receive any of the proceeds from the offering.