The stampede of developers racing to build new film and TV production space to feed content streaming services keeps getting larger and larger. The newest entry in the Los Angeles market will rise in the heart of Hollywood.

BARDAS Investment Group and Bain Capital Real Estate have announced a $600M partnership to redevelop the former Television Center in Hollywood into a new 620K SF urban studio campus to be known as Echelon Television Center.

The 6.4-acre site spans two blocks at 6311 Romaine Street, one of the largest remaining parcels in Hollywood. Bordered by Santa Monica Boulevard and Willoughby Avenue, the location once served as Technicolor's headquarters and the studio lot for Metro Pictures Corp.

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