#Regal cinema studio 8 tv#

“We’d like to just stay focused on this Phase 1 campus,” he said. There’s a tentative expansion plan in place, but the developers “don’t really want to talk about any specifics” about future developments at this time, Dudley said. Harris’s office is open to working with the developers on future stages of the project if and when they’re finalized, said Alvin Rider, Harris’ director of community engagement. Michelle Harris’s 8th Ward is less than 1,000 feet to the north, east, south and southwest of the property. The studio site is located in the 5th Ward, though Ald. “As creative as our young people are, this provides some exposure to different types of professions.” Regal Mile Studios would present “an opportunity for children and people in the neighborhood to get involved,” Ald.

Now that the developers’ plans are public, they plan to reach out to community organizations and “figure out all the meaningful partnerships” that can benefit the studio, South Shore and the South Side, Dudley said.

“We’ll bring energy into training young Black and Brown people to work in front of the cameras and behind the cameras to learn about production right there in their own community.” “We’re excited that this business will also be a transformative vehicle for the young people in that area and the South Side, period,” Reynolds said.

#Regal cinema studio 8 tv#

The developers are working with Chicago Public Schools to offer educational opportunities in film and TV production, Reynolds said. The studio site sits within an Opportunity Zone, meaning the developers would receive tax breaks in exchange for investing in a community with high rates of poverty and unemployment. Credit: Bauer Latoza A rendering of studio and office space, looking south along South Chicago Avenue. Michigan Ave., and Roadtown Enterprises are also partnering on the studio plans. “The first thing is for this … to help generate jobs and other investment into the community, and also expand the footprint of the film and television industry within the city of Chicago and the state of Illinois.”ĭakota Development, which was behind the Park Hyatt tower at 800 N. “This location is obviously near and dear to both of our hearts,” Dudley said. If the Regal Mile Studios plan is successful, it would join other film studios in Chicago, including the sprawling Cinespace Chicago Film Studios in North Lawndale, where “The Chi” is currently filmed, and an Avondale film studio proposed for The Fields campus.ĭudley and Loop Capital CEO Jim Reynolds grew up on the South Side near the planned Regal Mile Studios site. The name pays homage “to the significance that the Regal has had in the community, but right now there are no immediate plans to include the Regal Theater in this development,” Dudley said.Ī development team led by ID8 Ventures - in which Dudley is a partner - and Loop Capital Markets submitted an application for a zoning change for the South Shore properties last week. 79th St., said developer Derek Dudley, who produces “The Chi” on Showtime. and in the 7700 blocks of Blackstone, South Chicago, Harper and Stony Island Avenues, pending city approval.ĭespite drawing its name from the nearby Regal Theater, the Regal Mile Studios project will not incorporate the deteriorating theater at 1641 E. The studios would be built on properties at 1431–1525 E. The development is estimated to cost $60–$70 million, with the studios set to open in late 2022 or early 2023. The Regal Mile Studios would bring a “state-of-the-art media campus” with 220,000 square feet of studio space to a 6.5-acre plot in the far southwest corner of South Shore. SOUTH SHORE - Two South Side investors are planning a massive studio campus near the Avalon Regal Theater, hoping to boost Chicago’s film industry and get kids of color involved in media production.