Netflix leases SoCal office space to support Hollywood content production
| 04 September 2015
Netflix has inked a deal to lease a significant portion of the ICON office tower at Sunset Bronson Studios in Los Angeles.
The growing Southern California staff of Netflix is expected to occupy 200,052 square feet at ICON, part of a nearly $200 million creative office development currently under construction along Hollywood's Sunset Corridor. The deal is the largest office lease signed to date in Hollywood in terms of square feet.
"ICON is a state-of-the-art facility that places Netflix squarely in the middle of Hollywood's creative culture to support our next stage of growth and content creation," said Netflix CFO David Wells. "The property's combination of office, stage and production space provides an ideal setting."
The planned move of the Netflix Southern California office comes as the over-the-top (OTT) video company ramps up original production in Los Angeles and surrounding communities. Among the Netflix originals shot in or near Los Angeles are Arrested Development and the Emmy-nominated Grace and Frankie, as well as upcoming series Fuller House, The Ranch, Lady Dynamite, Flaked, Love and With Bob and David. The Netflix original film Pee-wee's Big Holiday will also be filmed there.