
Images posted online show an illustrative concept for the TVC 2050 project proposed by Hackman Capital Partners. (rendering courtesy of Hackman Capital Partners)
The Mid City West Community Council’s Planning and Land Use Committee is scheduled to consider an expansion plan by the owners of Television City at a virtual meeting on Aug. 15, from 6:30-9 p.m., via Zoom.
The plan, known as the TVC 2050 Project, is proposed by Hackman Capital Partners, which purchased the Television City Complex from CBS in 2018. It will transform the 25-acre Television City property near Beverly Boulevard and Fairfax Avenue, creating 1,874,000 square feet of sound stages, production support space, office space and retail uses on the site, according to an environmental impact report that has been available for public review since July 14.
Opposition to the proposal has surfaced from the Beverly Fairfax Community Alliance, which is comprised of the ownership of The Grove and the A.F. Gilmore Company, owner of the Original Farmers Market. The Grove and Farmers Market are located next to the Television City property. The alliance is calling attention to the project and asking the public to participate in the upcoming Mid City West committee meeting and to review the EIR and provide input.
“The Beverly Fairfax Community Alliance was formed to publicly raise and address significant concerns regarding Hackman Capital’s proposal to massively redevelop Television City (formerly CBS Television City) at Beverly Boulevard and Fairfax Avenue,” read a statement from the Beverly Fairfax Community Alliance. “The project, which includes 2 million square feet, two 20-story office buildings, a 5,300-car parking garage and 14 giant sound stages would forever transform and overwhelm the community with traffic, construction, trucking, parking restrictions, pollution and health and safety hazards. To accommodate the enormous scale and density of the project, the developer seeks to change the designation of the property to a ‘Regional Center’ like Century City and Downtown Los Angeles. We encourage the community to learn more about this project on our website at beverlyfairfaxcommunityalliance.org.”
The project will include 1,626,180 square feet of new development, the retention of approximately 247,820 square feet of existing area and the demolition of 495,860 square feet of existing media production facilities, according to the EIR, which is available for review online. The existing main central building and façade on the Television City campus, which are designated as a city of Los Angeles Historic-Cultural monument, will be preserved under the plan, and new buildings will be built elsewhere on the property, according to the EIR.
Zach Sokoloff, senior vice president of Hackman Capital Partners, said in a statement that the project will be beneficial to the Los Angeles community and the owner has been transparent about details of the project.
“In recent years, California has lost nearly $8 billion in economic activity, 28,000 jobs and over $350 million in revenue for state and local budgets from film and television productions relocating to other states due, in part, to an acute shortage of soundstages. In 2021, Television City announced TVC 2050: The Los Angeles Studio Plan, a $1 billion-plus investment to preserve its use as a studio and modernize production facilities, balancing economic growth, community input and historic preservation. This investment in Television City will allow the studio to meet the constantly evolving physical and technological demands of the entertainment industry, create thousands of new, good-paying jobs and reaffirm the city’s status as the creative capital of the world. For years, TVC 2050 has taken a proactive and transparent approach working with our neighbors, meeting and engaging with hundreds of community members and ensuring project details and visualizations were fully disclosed and published in dozens of regional and local media outlets,” Sokoloff said in the statement. “Our plan has earned broad support from residential and small business neighbors, nonprofits, community groups including the Melrose BID, business entities including the Los Angeles Area Chamber of Commerce and Los Angeles County Business Federation, organized labor including the Los Angeles/Orange Counties Building and Construction Trades Council, and the Los Angeles Conservancy. We look forward to further review from the Mid City West Neighborhood Council Planning and Land Use Committee.”
Hackman Capital Partners is planning to present information on the project at the Mid City West Planning and Land Use Committee on Aug. 15.
To participate via Zoom, visit us02web.zoom.us/j/84194294834. To listen by phone, call (302)289-3283 and use the code 147 495 941.
The public can review and make comments on the EIR until Monday, Aug. 29. To review the EIR, visit planning.lacity.org/odocument/d9c98079-01e0-4e40-bdf2-dc1b178a9dbb/TVC_2050_Project_Initial_Study.pdf.



1 Comment
Alliance? You mean Caruso, don’t you? Boo Hoo, there might be construction and temporary traffic issues near one of his properties. Forget the long-term benefit to the community and the industry. Not to mention all the workers he’ll have next-door bound to bring increased revenues to the Grove once they’re there. Both selfish and shortsighted. Why try and paint it as some sort of community initiative when it’s crass NIMBYism?