Basin Media HubReturn To Projects
In November 2021, Hackman Capital Partners (HCP) and The MBS Group (MBS) were selected to build and operate the Basin Media Hub, a $250 million, purpose-built, state-of-the-art film, television and digital media hub in Toronto’s Port Lands.
The project, located at 29 Basin Street on an 8.9-acre waterfront development parcel, will include eight purpose-built sound stages, production office space, along with workshop and production support space.
In addition to providing much-needed studio and production space within the city, the proposed development will provide the opportunity for HCP-MBS to partner with the City to deliver a public promenade along the water’s edge, helping to further transform this area of the Port Lands into a healthier and more liveable space for workers and visitors alike.
After completion of the construction phase, the expected economic impact of on-going film studio operations includes $280 million in economic activity, $119 million in net contribution to GDP and $32 million in tax revenues across all levels of government. The partnership is expected to create 750 jobs on-site as well as 880 indirect or induced jobs in the broader community.
Construction is planned to begin on the Basin Media Hub by 2023.
- Major Intersection: Commissioners Street and the Don Roadway
- Surrounding Uses: The Ship Channel to the south; Pinewood Toronto Studios to the west; industrial uses to the north; and industrial uses and the Turning Basin to the east.
- Ward: Toronto-Danforth
- Councillor: Councillor Paula Fletcher
- Site Area (acres): 8.9
- Past Use: Industrial Site
- Proposed Use: Film
Press Release: City of Toronto and CreateTO announce development partner for the $250 million Basin Media HubVIEW PRESS RELEASE
Article: 2 California-based companies will develop new film, TV and digital media hub in Port LandsREAD ARTICLE