Hackman Capital Partners and its affiliate the MBS Group have won the request to build a major new $250 million studio complex in
She emphasized that the new hub is not merely an addition of new buildings, but will come with work experience and training opportunities “for a diverse range of careers in the media production industry, with a particular focus on people in equity deserving groups.” The HCP-MBS proposal was approved by CreateTO, Toronto’s real estate agency, last month and city council last week, before city mayor John Tory announced the finalization of the partnership on Tuesday.
Steven Trumper, CEO of CreateTo, explained that they had gone through a multi-stage offering process to select the HCP-MBS proposal, which he called a “tremendous opportunity for the city” and “an exciting addition to Toronto’s east end.”Home to more than 2.9 million people, Toronto is the fourth largest city in North America.
To support that growth, the city’s film office will be hiring additional film permit coordinators and sector development staff to expand services as production volumes grow. New film permitting fees will also be introduced next year to help pay for those roles and other initiatives.