Toronto’s New State-of-the-Art Campus For Film And Television Production
The City of Toronto and CreateTO, the City’s real estate agency, selected Hackman Capital Partners and its affiliate, The MBS Group, to develop and operate a new, purpose-built film, television and digital-media studio complex, called Basin Media Studios.
Named after the street on which it will sit, Basin Media Studios will be located on the waterfront of the Media City district of Toronto’s Port Lands, a redevelopment zone just east of the city core that is focused on growing Toronto’s $2 billion screen-based industries. The estimated $250 million investment in the development will be one of the most significant contributions to Toronto’s film and television production ecosystem in more than two decades.
Basin Media Studios will span 8.9 acres of a publicly-owned parcel and offer eight large, state-of-the-art sound stages, production offices, production support and workshop space. The entire complex will embrace the industry’s most forward-thinking sustainability practices and eco-friendly initiatives. Construction is planned to begin on Basin Media Studios by 2023.
In addition to developing and operating Basin Media Studios, Hackman Capital Partners and The MBS Group will also establish an endowment to provide employment opportunities for under-represented groups, through mentorships and training programs—as well as a fund to support and encourage indigenous Canadian content creation.
For more information on The MBS Group’s presence in Canada, visit mbseco.ca.