Showtime Moves Into New West Hollywood Headquarters
original article: https://www.hollywoodreporter.com/news/showtime-moves-new-west-hollywood-headquarters-1174521
The 50,000-square-foot, glass-walled offices now boast several collaboration areas, a flood of natural light, lounges with Hollywood Hills views, a cafe and a state-of-the-art screening room.
L.A.’s Hollywood district just got a little more Showtime.
The cable network has moved out of its longtime Westwood home and into new 50,000-square-foot headquarters at The Lot Studios at the corner of Santa Monica Boulevard and North Formosa Avenue in West Hollywood. Showtime’s 125 employees left the Oppenheimer Tower at 10880 Wilshire Blvd., where they had been for more than two decades, during the recent holiday.
“We wanted a space that said who we were as a company and how we wanted to work,” says Jana Winograde, Showtime president of business operations on the West Coast. “When you see where we are now, it came out exactly as we had hoped.”
Winograde adds that she and David Nevins, chairman and CEO of Showtime as well as chief creative officer of parent company CBS Corp., worked closely with design and architectural firm CannonDesign to build out the new space, which is spread across the third and fourth floors.
The glass-walled offices now boast several collaboration areas, a flood of natural light, lounges with Hollywood Hills views, a cafe and a state-of-the-art screening room.
Showtime’s relocation comes a month after CBS’ $750 million sale of its Fairfax lot, CBS Television City, to Hackman Capital Partners. CBS still owns the Studio Center in Studio City but opted against consolidating Showtime over the hill. Nevins will have several offices, including at The Lot.
The move reinforces two trends: the revitalization of Hollywood (The Lot is two blocks from the neighborhood boundary), now home to entertainment giants including Netflix and Viacom, and developers finding in networks and streamers a lucrative tenant pool for their L.A. studio lots, blending class-A office space with soundstages.
CIM Group is about to begin construction on the third and final ground-up building that will round out The Lot’s production complex, which was designed by architectural firm Studio One Eleven. Currently there is the five-story Formosa South building, where OWN and Funny or Die currently have their offices, while the slightly larger Formosa West — also five stories — is where Showtime is posting up. And then there is the six-story third building, called Courtyard at The Lot, which will have 98,000 square feet of space when it is completed in 2020.
“We have been modernizing facilities and studio amenities to refresh The Lot, building on its legacy in the entertainment industry in Hollywood and maintain its position as one of the top-tier studio campuses in Los Angeles,” says Shaul Kuba, co-founding principal of CIM Group in a statement.
Even though The Lot offers more than 250,000 square feet of soundstage, production and support space, there are no plans for Showtime to film there. That could change, says Winograde: “We hope to utilize it at some point. But [the soundstages are] a plus, not the determining factor.”
This story appears in the Jan. 9 issue of The Hollywood Reporter magazine. To receive the magazine, click here to subscribe.