Toronto is to get a $20 million studio complex that will serve as a hub for production and related services.
The 338,000 square-foot development was announced by Toronto-based Comweb Corp., majority owner of William F. White, Canada’s oldest and largest provider of film, television and theatrical production equipment.
Expected to open its doors late this year, the new William F. White Center is a few blocks south of the equipment provider’s present home, new CineSpace’s new studio complex and a short drive from the international airport, downtown Toronto and Pinewood Toronto Studios.
WFW will occupy nearly half the complex, with its sister 3D Camera Company also moving in.
“Ontario’s enhanced all-spend tax credit, recently introduced by the Ontario government, combined with a rebound in U.S. production and a healthy indigenous industry helped this facility become a reality,” said Comweb CEO Paul Bronfman, adding the new complex adds further incentive to attract biz to Toronto.
Comweb, an active partner in Pinewood Toronto Studios, has been hunting for a location for the complex for over a year.