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The Lot at Formosa

The Lot at Formosa

The lot at Formosa is a historic creative media campus and premier event destination in West Hollywood. Spanning 11 acres, the property features seven sound stages, flexible production and event space. It offers private courtyards, photoshoots, concert venues, screening and performance spaces, rooftops overlooking all of Hollywood. We have onsite staff, catering, excess parking for pedestrian, transport and care vehicles, L & G available 24/7.

Combing Hollywood legacy , modern amenities and a community of hospitality The Lot at Formosa is designed to accommodate exhibits, fashion, retail launches, celebrations and media andentertainment needs.

Speakers and Panels

Macro Studio Real Estate Outlook: Demand, Incentives & Global Competitiveness

How Costs, Production Pipelines and Policy Are Shaping Where Production Goes and What Gets Built

Jeff Worthe

Jeff Worthe

CEO

Worthe Real Estate Group

Craig Darian

Craig Darian

Chairman & CEO

Occidental Entertainment Group Holdings

Stefanie Bourne

Stefanie Bourne

EVP, Studios

Hudson Pacific Properties

James Haggarty

James Haggarty

WW Studio Facilities & Client Services, Real Estate

Amazon Studios

Reeve Elliott
Moderator

Reeve Elliott

Principal

Seneca Group

Jeff Worthe

CEO

Worthe Real Estate Group

Worthe is the president of Worthe Real Estate Group, a Santa Monica-based firm that specializes in the development and refurbishment of Class A office properties in Los Angeles. Recent projects include Second Century, an 800,000-square-foot office development designed by Frank Gehry that is leased to Warner Bros., The Post in Beverly Hills, leased to Live Nation, and the Mission Logistics Project, a 1 million-square-foot industrial development. The firm has over 7 million square feet of properties in Los Angeles.

Jeffrey Worthe was appointed to the CPPA Board by Governor Gavin Newsom in August 2023. Worthe is a member and past chair of the Children’s Hospital Los Angeles Board of Directors. He is a trustee of the UC Santa Barbara Foundation, a founding member of the UCLA Ziman Center for Real Estate Board, and a member of the LA Sports & Entertainment Commission Core Leadership Group. He is a dedicated leader and advisor and holds a B.A. in Economics from UCSB.

Craig Darian

Chairman & CEO

Occidental Entertainment Group Holdings

Mr. Darian is an Executive, Producer and Businessman in the Entertainment Industry who has owned and operated several companies, and who has served in many senior management positions for publicly-traded and privately-held companies, alike.

As Chairman & CEO of Occidental Entertainment Group Holdings, Inc., Mr. Darian currently presides over six operating divisions, which includes — Occidental Studios, Occidental Lighting & Grip, Occidental Technologies, Albert Sweet Development, Prop Services West, and Tricor Entertainment. Its assets & operations include eleven sound stages and roughly three dozen office buildings comprised of over a million square feet of production, editorial, and creative office space. Through its non-entertainment operations, Occidental Entertainment Group owns properties throughout the Country.

As Chairman & CEO of Tricor Entertainment (now the content Division of Occidental Entertainment Group), Mr. Darian has Produced several films starring many prominent actors, including Academy Award Winners Robert DeNiro, Anthony Hopkins, Kathy Bates, F. Murray Abraham, Mercedes Ruehl, Lee Grant, Cloris Leachman, Martin Landau, and Rita Moreno. Among Mr. Darian’s more than 100 International Distribution credits are: King Kong, Spider-Man, Pirates of The Caribbean, Pearl Harbor, Gladiator, Mission Impossible, The Mummy, Jurassic Park III, Hulk, War of the Worlds, Tomb Raider, Meet The Parents and Shakespeare In Love. Affiliated companies formerly owned and operated by Tricor Entertainment are: Cinema 1 Theater Circuit and ChinaAmerica Film Distributors — both Asia-based operations.

Stefanie Bourne

EVP, Studios

Hudson Pacific Properties

Stefanie Bourne joined Hudson Pacific in 2021 and serves as Executive Vice President, Studios. She is responsible for developing and executing strategies to drive growth, optimize business performance, and achieve other organizational goals for Sunset Studios and Quixote.

Prior to Hudson Pacific, Bourne worked at The Walt Disney Company, most recently as Director, Global Development – Disney Parks, Experiences and Products. Before that, she held real estate investing roles at Colony Capital and CIM Group.

Bourne earned a Master of Business Administration from Harvard Business School and a Bachelor of Arts in Economics from the University of Southern California.

James Haggarty

WW Studio Facilities & Client Services, Real Estate

Amazon Studios

Jamie is a senior executive in media and entertainment. He also has 13 years of experience on the Board of Directors of private and public companies, as well as not-for-profit Boards.

Jamie has led subsidiaries of public companies with operations in the US, Canada, Europe and India, as well as founder-owned private companies and a portfolio company of private equity. He has a track record of helping take operations and management to the next level through scale, optimization and/or innovation.

He combines strategic, operational, leadership and inter-personal skills in his lets-get-it-done style to achieve stakeholder goals, KPIs and overall strategy. Jamie is adept in highly matrixed organizations and fosters collaboration across sales & marketing, creative, production, technical operations, finance, business affairs and corporate.

Reeve Elliott

Moderator

Seneca Group

As a Principal at Seneca Group, Reeve brings a strategic and dynamic perspective to real estate development management. His expertise is rooted in a diverse background encompassing business, design, and construction management. Reeve is dedicated to fostering relationships and curating cohesive teams to deliver innovative and efficient solutions for clients. As a recognized thought leader, he is currently providing development management services for Amazon and MGM Studios. He has also provided strategic guidance to other prominent companies including Expedia and Seattle Children’s Hospital.

Over the past decade, Reeve has played a pivotal role in high-profile corporate office headquarters and large-scale production projects, totaling more than 8M SF of development. Reeve’s expertise spans the entire project lifecycle, from site selection and entitlement to design, preconstruction, construction, and transition to operations. His holistic understanding of the project delivery process ensures success at every stage of the development.

Modern Studios of Today: Building, Designing and Future-Proofing Production Spaces

What It Takes to Build and Upgrade Studios for Flexibility, Sustainability, Technology and Evolving Production Demands

Keith Donovan

Keith Donovan

(Former) Global Design and Construction

Netflix

Shep Wainwright

Shep Wainwright

Managing Partner

East End Capital

Shawn Papazian

Shawn Papazian

CEO

The Fields Studios

Tima Bell

Tima Bell

Founding Principal

Bell Design Group

Markley Lumpkins
Moderator

Markley Lumpkins

President

The Lot at Formosa

Keith Donovan

(Former) Global Design and Construction

Netflix

Keith Donovan brings 25 years of experience across architecture, development, corporate real estate, and capital project delivery. Originally trained as an architect, he has led complex real estate and infrastructure programs from early strategy through execution for organizations including Netflix, Microsoft, and CBRE. His work spans global workplace portfolios, large-scale campus redevelopment, and major studio infrastructure projects, giving him a practical perspective on how real estate, production strategy, capital planning, and business priorities intersect in the entertainment industry.

Shep Wainwright

Managing Partner

East End Capital

Shep is responsible for leading East End’s West Coast operations and its production studio platform. In his role as Managing Partner, he sources value-add office and residential opportunities in the San Francisco, Los Angeles, Orange County, San Diego and Seattle markets, as well as studio opportunities throughout North America and Europe.Before joining East End, Shep was a Senior Vice President at KBS where he oversaw and directed the origination, underwriting financing and closing activities for acquisitions and joint venture opportunities. Prior to KBS, he spent seven years as Managing Director of Acquisitions and Asset Management at Savanna, where he oversaw a team of asset managers and ran the daily operations for a 3 million square foot portfolio. In 1995, Shep co-founded Cosi, Inc. and developed the chain into a nationally recognized brand with over 100 restaurants in 11 states. His primary responsibility was overseeing real estate development and leasing for the business. After taking the brand public in 2002, Shep left the company to focus on development projects in New York City. He graduated cum laude from Hamilton College in Clinton, New York

Shawn Papazian

CEO

The Fields Studios

Shawn Papazian recently partnered with Knickpoint Ventures to form Knickpoint Studios and will oversee all their studio related endeavors. He has been involved with the design, development, operations and management of Motion Picture and TV Studio facilities for 25 yrs.

Prior to joining Knickpoint, Mr Papazian co-developed and was President & COO of Crimson Studios Group. CSG owned and operated two independent studios in Los Angeles and had LBA Realty’s Studio 1 under management. He also co-designed and created the business plan for Studio1 located at One Culver, which is currently the home base for Apple Content and other major media tenants. In 2021, Mr Papazian was instrumental in bringing both Crimson Studios and Valencia Studios to an off-market deal to LPC West and GEM Realty Capital.

Mr Papazian got his early start in the studio business at 20th Century Fox TV to run Ray Art Studios and soon after became Ray Art’s Vice President & GM until it was sold to Archstone Realty. He moved on to Sunset Gower Studios, where he was instrumental with GI Partners in executing the development and leasing strategies for the Technicolor HQ building as well as the executive oversight of the day-to-day activities and redevelopment of the studio lot. Upon SGS’s sale to HPP, Mr Papazian became the Vice President of the historic Culver Studios Lot owned by Lehman Brothers which was eventually acquired by Hackman Capital Partners. While at Culver Studios, he spearheaded and supervised the entitlements on the lot which has now been developed into the Amazon Studios HQ.

Mr Papazian is also an accomplished Emmy-nominated Producer and who has had a multi picture Producing deal with Warner Bros and Raw Feed in his past. In addition, he developed and produced the feature films Under the Bed 1 & 2 with Leonardo DiCaprio’s Appian Way and Ted Field’s Radar Pictures which were bought by A+E Studios.

Mr Papazian is a graduate of LMU’s School of Film and Television and is a member of the PGA, DGA, and WGA. He is an avid foodie and is a minority investor in Ospi Venice.

Tima Bell

Founding Principal

Bell Design Group

Tima Bell, Founding Principal of Bell Design Group, brings extensive experience and leadership to the studio. Born in NYC and raised in both Venice Beach and Peaks Island, Maine, Tima’s artistic passion led him to architecture, exploring three-dimensional space through his paintings, but now does primarily watercolors. He studied at Rice University and the Southern California Institute for Architecture. In addition to his American studies, Tima spent considerable time studying throughout Europe. He also completed a one-year artist-in-residency in Israel. Through Bell Design Group, Tima continues to explore the intersection of art and architecture through his work, designing across widely varying typologies ranging from studios and tech, to residential, hospitality, housing, commercial, civic, and institutional spaces.

Tima was an adjunct professor at Woodbury University and acts as a guest juror for universities and awards. He is an AIA Associate and has received an AIA scholarship as well as two AIA Hospitality Design awards. Additionally, he is the recipient of both the Individual Boutique 18 Design Award and the Boutique 18 Design Restaurant Award. Tima has been a speaker on numerous industry panels and podcasts, as well as featured in several publications. He currently serves as Secretary on the Venice Neighborhood Council Board of Officers.

Markley Lumpkins

Moderator

The Lot at Formosa

President SKR, The Lot at Fromosa

She has built her career on creating and leading teams that drive strategic planning, support growth, and streamline operations across industries and disciplines. With extensive experience in media, broadcast, studio real estate, and facilities management, she began her career at Warner Bros., focusing on master planning and international portfolio management. Her subsequent roles at Boeing and NewsCorp/Fox further solidified her expertise in optimizing complex environments to scale with evolving business needs.

At SKR, she leverages her team’s capabilities and her deep operational insight to oversee strategies that adapt with the speed and agility required to thrive in an ever-changing business landscape.

From Hollywood to the World: A Fireside Chat with the CEO of Hackman Capital

Global Production Trends, the Creator-Led Economy and the Future of Entertainment Real Estate

Michael Hackman
Keynote

Michael Hackman

Founder and CEO

Hackman Capital

James Haggarty
Moderator

James Haggarty

WW Studio Facilities & Client Services, Real Estate

Amazon Studios

Michael Hackman

Founder and CEO

Hackman Capital

Michael Hackman is the Chief Executive Officer of Hackman Capital Partners, which he founded in 1986. Under his leadership, the company has become a global real estate presence, having invested in properties representing more than $10 Billion in capitalization and approximately 37 million square feet.*

As the world’s largest owner and operator of independent film and television studios, the company has a portfolio of 19 studio campuses, with 145 active sound stages across North America, the UK and Ireland. The company also owns mixed-use, creative office, life-sciences, and industrial properties and has managed more than 500 tenants worldwide, including Amazon Studios, Apple, HBO, CBS, ABC, Columbia Pictures and Warner Brothers.

Michael began his 47-year real estate career in Southern California and spent seven years as an industrial broker at both Majestic Realty and CBRE before launching Hackman Capital Partners. He has directly spearheaded hundreds of complex transactions and liquidations across four continents, laying the foundation for the platform's global expansion.

Michael commits both time and resources to many philanthropic causes. In 2020, he was pivotal in the development of the Changing Lenses initiative, which promotes diversity and inclusion in the film industry through job training, mentorships, and financial assistance. Michael also previously served as a Trustee for The Winward School in Los Angeles and Willows School in Culver City. He currently serves as board member of St. John’s Hospital and is a member of the Executive Board of the Jewish Federation of Los Angeles.

What You'll Learn:

What You’ll Learn:

  • Gain insight into how shifting production pipelines, streaming strategies, and tax incentive programs are influencing soundstage demand and studio investment decisions across Los Angeles.

  • Hear how leading owners and developers are repositioning, upgrading, and modernizing studio campuses to remain competitive in a more cost-conscious and selective market.

  • Get an inside look into how studios are balancing new construction, conversions, and adaptive reuse to deliver production-ready space efficiently.

  • Learn how virtual production, generative AI, and hybrid content models are reshaping creative workflows and the way studio space is utilized.

  • Gain insights into how project teams are navigating permitting, labor availability, sustainability requirements, and rising construction costs in today’s regulatory environment.

  • Examine how operators are aligning facility design, technology investments, and on-site services to support evolving production needs and attract long-term tenants.

How You’ll Do More Business: After a period of market recalibration and shifting production strategies, Los Angeles remains a critical hub for film, television, and digital content. As studios and producers become more selective and cost-conscious, opportunities are emerging for owners, developers, and service providers who can deliver high-quality, production-ready space. Join us as we examine how industry leaders are repositioning assets, leveraging incentives, adopting new technologies, and aligning facilities with today’s production needs

Who You'll Network With At This Summit: Owners, developers, investors, streaming services, architects, brokers, city and government officials, business consultants, engineers, lawyers, accountants, and bankers.

Why You Should Attend This Session: Bisnow events bring together the biggest power players in the industry to help you identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than we do.

For questions, recommendations, comments or press inquiries please email our event producer, Bora Altunay, at bora.altunay@bisnow.com.

Interested in Sponsorship? Contact avery.warren@bisnow.com to get information on sponsorship, pricing, and availability at this event.

Agenda

Time Activity
4:00 PM
5:00 PM
Breakfast & Networking
5:00 PM
5:05 PM
Opening Remarks | The Lot at Formosa
5:05 PM
5:50 PM
Modern Studios of Today: Building, Designing and Future-Proofing Production Spaces

What It Takes to Build and Upgrade Studios for Flexibility, Sustainability, Technology and Evolving Production Demands

5:50 PM
6:15 PM
Networking and Coffee Break
6:15 PM
6:45 PM
From Hollywood to the World: A Fireside Chat with the CEO of Hackman Capital

Global Production Trends, the Creator-Led Economy and the Future of Entertainment Real Estate

6:45 PM
7:30 PM
Macro Studio Real Estate Outlook: Demand, Incentives & Global Competitiveness

How Costs, Production Pipelines and Policy Are Shaping Where Production Goes and What Gets Built

7:30 PM
8:00 PM
Closing Networking

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