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Stock impact report

Q&A: David Simon isn't a starry-eyed dreamer, but he's all in on Hollywood [Los Angeles Times (CA)]

Kilroy Realty Corporation (KRC) 
Last kilroy realty corporation earnings: 4/29 05:08 pm Check Earnings Report
US:NYSE Investor Relations: kilroyrealty.com
They're the largest of 10 projects the real estate developer has going in Hollywood at a time when many other Los Angeles builders have paused work in the face of high interest rates and construction costs that make it harder to build profitably. Simon is banking on the lasting stamina of the entertainment industry even as it goes through structural changes in the age of streaming, and the enduring appeal of Hollywood as the place to make movies and television shows. Through his company Bardas Investment Group, Simon recently launched construction of Echelon Studios, a $450-million complex on Santa Monica Boulevard west of the 101 Freeway on a site formerly occupied by a Sears store. It will include five soundstages and support facilities including offices and space to keep trucks, production equipment and actors' trailers. Less than a mile away on Romaine Street, Simon is preparing to launch a $600-million renovation and expansion of Echelon at Television Center, which was onc Show less Read more
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