Project Bulletin: July 29. 2024

The East End Studios Mission Campus is currently under construction in downtown Los Angeles’ Art District.

Rendering courtesy of East End Studios

There’s always room for a new studio development in the heart of Los Angeles, California, and a new $230 million investment will do just that. Independent studio management and development company East End Studios has plans for a 245,000-sq.-ft. Class A production studio featuring five soundstages that vary from 14,000 sq. ft. to 35,000 sq. ft. by 2025. The site will additionally include offices, production and support spaces, a base camp, commissary, mill, parking, loading and outdoor spaces across the 5-acre Mission Campus. East End’s construction work will be supported by $130 million obtained by CBRE’s Capital Market Debt and Structured Finance team. Once complete, the studio will create 750 direct jobs.

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The new titanium manufacturing plant will create over 300 new jobs in Fayetteville, North Carolina.

Getty Images

To satisfy the current manufacturing supply chain demand catered to the aerospace industry, Project Aero has decided to touch down in Cumberland County, North Carolina. With $867.8 million in tow, American Titanium Metal, LLC, operating under the company name “Project Aero,” will construct a new aerospace-grade titanium manufacturing facility. The 500,000-sq.-ft. plant will be set up to handle the melting, rolling and finishing required for titanium processes. This investment will be supported by a 12-year grant through the state’s Job Development Investment Grant.

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The new site will soon represent the company’s largest lens manufacturing facility.

Photo courtesy of ZEISS

Germany-based medical technology and lenses company Carl Zeiss has plans to significantly scale its spectacle blanks and prescription lenses production capacity before the end of the year. The company will invest $302 million to introduce a new lens plant in the city of Bengaluru, located in India’s southern state of Karnataka. Construction on the 43-acre site began in July and will include space for the company’s medical technology and research microscopy operations. Once complete the plant will scale spectacle blanks daily production capacity from 30,000 to 200,000 and prescription lens output will grow from 10,000 to 60,000 per day. The site will look to bring on 800 new jobs initially, growing to 5,000 jobs at full capacity.

Reports compiled and written by Alexis Elmore, edited by Adam Bruns