Sky Falling In At Elstree

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06 February 2020

Sky plans to invest in building a new 32-acre, state-of-the-art TV and film studio at Elstree - with the site being a leader in the media giant's drive to go net-zero by 2030.

 

Tuesday 4 February 2020 saw Sky, declare they will hit that target a full two decades sooner than they have to in order meet the British government's own commitment of Net Zero 2050 – which is in line with the Paris Climate Change Agreement.

 

Star names

 

The proposed development represents a significant new investment in the UK and European creative economy and will be made with the backing of Sky’s new owner Comcast and in partnership with sister-company NBCUniversal. Legal & General will develop its site and provide financing for the project.

The new Sky Studios Elstree will house 14 sound stages (covering over 20,000sqft.) if planning consent is granted - with the 32-acre development expected to open in 2022. The site will include production offices, a set construction workshop, a screening cinema and state-of-the-art post-production and digital facilities.

Sky Studios Elstree will be situated in the borough of Hertsmere. Legal & General are in the process of finalising a detailed design of the scheme and expect to submit a formal planning application early next year.

 

Elstree Studios

 

Sky Studios Elstree will work in close collaboration with Elstree Studios despite both businesses being managed independently of each other.

 

“Sky Studios Elstree will play a pivotal role in bringing the wealth of UK and European talent and creativity to the world. We are proud to be working with our colleagues at NBCUniversal and Comcast, and our partners Hertsmere Borough Council and L&G to bring this project to life.”

– Jeremy Darroch

Group Chief Executive, Sky

Plans on view

 

Sajida Bijle, Interim Managing Director of Hertsmere Borough Council, said: “This presents a fantastic opportunity to strengthen our creative industries in Hertsmere and build on our proud film and television heritage in the Borough. This scheme would bring significant employment opportunities to the region and put Elstree firmly on the global stage, whilst enhancing our local film tourism.

"There will be opportunities for people to see the plans and to comment on the proposals once a formal planning application is submitted.”

 

Legal & General Group

 

Nigel Wilson, CEO of Legal & General Group, said: “The UK is a great place to invest – and our creative industries are a key component of Britain’s bright future. This investment is a great match for backing our UK pension promises.” 

 

Hertsmere and Hertfordshire

 

Roger Morris, MD, Elstree Studios, said: “Sky Studios Elstree will be of immense importance to the UK Film and Television industry – it will not only boost the local economy of Hertsmere and Hertfordshire but will also have a major impact on the UK’s creative sector as a whole.

 

Picture: Sky has plans to build a 32-acre, net-zero by 2030, state-of-the-art TV and film studio at Elstree.

Article written by Brian Shillibeer | Published 06 February 2020

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