Oscar’s Hollywood

BARDAS Investment Group and Bain Capital Real Estate have announced plans for the $600 million redevelopment of the Television Center at 6311 Romaine Street in the heart of Hollywood that will transform the historic facility into a modern 620,000-square-foot urban studio campus

The central art deco office building is situated in what could be called Hollywood hallowed ground. In 1919, Metro built its huge studio covering four city blocks. By 1924, the studio was known as Metro-Goldwyn-Mayer Hollywood was evolving and in 1930, MGM moved to Culver City and the building that would become Technicolor’s headquarters was established Since 2014 it has operated as Television Center, an office complex catering to entertainment and production offices.

Technology has evolved and now a reimagined creative office environment along with a state-of-the-art production facility will be combined with the preser vation of many of the distinctive buildings built during Technicolor’s heyday. The project will become an intimate new studio campus rebranded as Echelon Television Center, according to BARDAS founder and Managing Principal David Simon.

“This project represents our company’s continued focus on redeveloping infill p i t a l o f t h e world,” said Simon. “The old home to Technicolor and Metro Pictures represents another great opportunity to keep ‘Hollywood in Hollywood’ ”

Bain Capital Real Estate Managing Director Joe Marconi added, “We are extremely