Toronto’s mayor and Cinespace Film Studios have officially broken ground on a new film studio space to be constructed in the city’s west end.
The new Titan Studios at Cinespace’s Kipling Studio Campus will see two 20,000-square-foot studios and connecting support space built in the first phase of a multi-year, multi-million-dollar investment. The new space, of 50,000 square feet in total, will allow for a seventh project to shoot concurrently on the Etobicoke campus.
“When I go out selling our film industry, the one concern I hear repeatedly is the shortage of studio space. That’s why today’s announcement is so important,” said Mayor John Tory.
Cinespace’s investment and intensification plan launched on Thursday also includes the commitment to additional purpose-built studios, critical production support facilities and unique film infrastructure.
President and CEO Steve Mirkopoulos says the infrastructure they plan to bring in does not currently exist in Toronto, including a large, permanent underwater filming tank.
“All of which will make Toronto more competitive on the world stage,” he said.
In recent years, the television and digital media production industry have grown to more than $2 billion in economic activity in Ontario.
“Our film, television and digital industry has had booming success over the last couple of years and it’s clear that the industry shows no signs of slowing down,” said Mayor Tory.
The groundbreaking took place on the same day as the Toronto International Film Festival’s opening day.
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