Hollywood developer unveils ambitious $450M ‘old school’ plan to rescue the movie industry

Read the original at New York Post ↗
New York Post · collected 2026-10-04 · by Sheetal Banchariya

Quick Summary

David Simon, a commercial real estate developer, is constructing Echelon Studios Hollywood, an ambitious $450 million project aimed at revitalizing the movie industry. Located on a former Sears site in Hollywood, this 600,000-square-foot vertical studio complex includes four soundstages and various production support spaces. The design incorporates classic elements like private bungalows and addresses challenges such as noise insulation to ensure optimal conditions for film productions.
Written locally by qwen2.5:14b on 2026-10-04, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

David Simon, a commercial real estate developer in Hollywood, is investing $450 million to revitalize the movie industry by building Echelon Studios Hollywood. The new studio lot sits on the former Sears site on Santa Monica Boulevard and covers five acres with a total area of 600,000 square feet. It features four soundstages each measuring 18,000 square feet, a flex stage at 14,000 square feet, along with 150,000 square feet dedicated to production support and office space. The project also includes 350,000 square feet of bungalows and workspace. Located in the heart of Hollywood's production corridor between Netflix and Paramount Studios, potential tenants are already touring the site and discussing lease agreements for its opening early next year.

Written for “Hollywood Movie Industry Plan” on 2026-10-05, grounded in this article and the 0 other(s) covering the same event.
Why this leaning score
This article does not take a side on a contested political question, so it has no leaning score. That is an answer rather than a gap: a match report or a rescue can be warmly or critically written without being left or right, and scoring it anyway is how approval of a subject gets recorded as a political position.
No political leaning scored for article 56094 · logged 2026-10-04

Signals How these are calculated →

Claims extracted
18
claim-shaped sentences
Uncertain
11%
2 of 18 hedged
Leaning
not political
takes no side on a contested political question
Correction & hedging signals
64.3
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
1
Entertainment
Narrative spread
1
articles carrying this framing
Analyzed 2026-10-04 · how these are computed

Story

📰 Hollywood Movie Industry Plan
Entertainment · 1 article(s) covering the same event.

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.

Publisher

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Running correction rate · 23 correction(s)
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Who wrote this

Sheetal Banchariya
37 article(s) here · 1 carrying a prediction
🔮 The LA Times reported tenants will also see the Hollywood sign, Griffith Observatory and downtown Los Angeles.
🔮 Edison students will move to either Chavez or Oropeza elementary schools, both located within a mile, while Gompers students will attend Cleveland, Holmes or MacArthur elementary schools, all within two miles.
🔮 Hurricane Nolo strengthened into a Cat-3 monster overnight and is projected to strengthen over the next 24–36 hours, peaking around Oct 5–6 as a Cat-4 storm with sustained winds reaching 132 mph and gusts up to 161 mph, according to Sunday morning advisory by the National Hurricane Center.
🔮 Named after the Japanese word Takumi (匠), meaning master of a craft, the robot is built to do the kind of mundane work that could make it useful in hotels, restaurants and warehouses.
🔮 Burry’s non-profit, Citizens for Responsible and Equitable Development (CRED) filed a petition in Santa Clara County Superior Court on Sept. 17, saying that the project will add roughly 70 residents to Pierce Road –– a state-designated ‘Very High Fire Hazard Severity Zone.’
🔮 All campus gates will remain closed until law enforcement authorizes the school to reopen.
🔮 Local businesses reported massive surges in foot traffic, with nearby restaurants, shops, and boardwalk vendors operating at peak capacity throughout the festival. “The town was probably as crowded as I’ve ever seen it, and I expect the businesses might have done quite well as well,” Edward Colson, an Avila Beach resident, told KSBY.
🔮 “We understand there are questions about whether the image circulation online may be AI generated.
🔮 A wearable tech company’s boss will spend decades in prison for running a near-$2 million Ponzi scheme, duping investors with fabricated patent ownership and fraudulently obtaining a federal business-relief loan during the pandemic.
🔮 “This was an unprovoked and extraordinarily unusual encounter that none of us could have anticipated.
Also by Sheetal Banchariya
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 37 articles by Sheetal Banchariya →

Topics

Echelon Studios Hollywood Hollywood Los Angeles Sears The LA Times

Subjects

Hollywood GPE · 6× Simon PERSON · 3× Los Angeles GPE · 2× The LA Times ORG · 2× Andrew Wright PERSON · 1× California GPE · 1× David Simon PERSON · 1× Echelon Studios Hollywood ORG · 1× RIOS ORG · 1× Sears ORG · 1×

Narrative

The project sits in the heart of Hollywood’s production corridor, between Netflix and Paramount Studios, with potential tenants already touring the site and discussing leases for the studio, which will open early next year.
framing: assertive · carried by 1 article(s) · first seen 2026-10-04
🔮 The LA Times reported tenants will also see the Hollywood sign, Griffith Observatory and downtown Los Angeles.

Claims (18 extracted, 2 hedged)

A Hollywood developer has come up with an old-school way to try to save the movie industry — with a $450-million bet. asserted
developer → come → bet
Commercial real estate developer David Simon is building Echelon Studios Hollywood on Santa Monica Boulevard, on the site of a former Sears store. asserted
Simon → build → store
The 600,000-square-foot campus revives the classic studio lot, rebuilt vertically to fit on five acres. asserted
campus → revive → acres
Sign up for the California Morning Report newsletter The biggest news, opinion and culture shaping California right now. Thanks for signing up! The complex includes four 18,000-square-foot soundstages with 40-foot clear heights and a 14,000-square-foot flex stage with a 25-foot clear height, according to the project look book. uncertain
complex → sign → book
Around them sit 150,000 square feet of production support, office, mill and basecamp space. asserted
feet → sit → support
Another 350,000 square feet is devoted to bungalows and workspace. asserted
feet → devote → bungalows
The signature feature is at the top: A landscaped cluster of private bungalows ringing a 25,000-square-foot elevated courtyard with views of the Hollywood Hills. asserted
feature → landscape → Hills
The LA Times reported tenants will also see the Hollywood sign, Griffith Observatory and downtown Los Angeles. asserted
tenants → report → sign
The project’s architect, Andrew Wright of RIOS, said the challenge was fitting a 10-acre studio onto a 5-acre site. asserted
challenge → say → site
Simon felt bungalows, a beloved fixture of classic studio lots, were essential to getting the studio feel right. asserted
studio → feel → lots
Soundproofing was a major engineering task because nearly 1,000 cars will sit below the stages. asserted
cars → sit → stages
Wright told the news outlet that builders addressed the risk of noise and vibration with layers of insulation, drywall and thick concrete. asserted
builders → tell → insulation
Simon began planning the project about five years ago, when streaming giants were spending heavily and demand for stage space appeared limitless. asserted
demand → begin → space
He is building the studio through his company, BARDAS Investment Group. asserted
He → build → company
It’s not only a place, it’s an industry,” he told the LA Times. asserted
he → ’ → Times
Simon told the news outlet that expanded state tax credits and a pending 20% federal filming credit are drawing production interest back to Hollywood, and that people in the industry would rather film at home. asserted
people → tell → home
A public art piece by Los Angeles artist Matthew Brandt, a collage of Hollywood skyline images on weathered stainless steel panels, will face Santa Monica Boulevard, according to The Times. uncertain
piece → face → Times
The project sits in the heart of Hollywood’s production corridor, between Netflix and Paramount Studios, with potential tenants already touring the site and discussing leases for the studio, which will open early next year. asserted
which → sit → studio
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