The Electric Owl Studio project which broke ground last March in Atlanta is now in its final stages of construction. Recently, the developers announced that the grand opening for the new studio complex has been set for June 8.
The Electric Owl Studio will be the world’s first LEED Gold-certified studio complex in the heart of DeKalb County. According to the studio’s co-founder, Dan Rosenfelt, their goal is to reduce the impact the production process can have on the planet.
The Electric Owl Studio was built with features to help reduce its carbon footprint and generate clean energy. Therefore, the 312,000-square-foot production campus provides 48 EV charging stations, LED lighting, solar panels, living walls, and high-efficiency HVAC.
In addition, it also includes carbon-negative concrete, food dehydrators for landscaping reuse, water refilling stations, solar golf carts, and more.
The development team has also secured an 18-acre site in New York for their next Electric Owl Studios project. It will be the second expansion location and the team intends to bring more of this green model to other cities.
Reported in 2021
Electric Owl Studio to be developed in Stone Mountain
Construction will soon begin on a 300,000-square-foot film studio, named the Electric Owl Studios. The developers, Capstone South Properties and Domain Capital Group settled on building the new studio on a 17-acre site in Stone Mountain, located about 15 miles east of downtown adjacent to Interstate 285.
The first phase of the Electric Owl Studios project will focus on developing this 300,000-square-foot film studio, which consists of six stages and has an environmentally sufficient and sustainable design.
Electric Owl was designed with the aim of becoming the first LEED Gold-certified studio in the world, and development plans for the facility include the use of efficient insulation, EV charging stations, and LED lighting to reduce the studio’s carbon footprint; on completion, over 30% of studio’s power will be generated from renewable sources.
According to Rosenfelt, the Electric Owl is aimed at meeting the rising demand of the movie industry in Georgia, while also setting a new standard for sustainability as the ‘greenest studio on earth’.
New Electric Owl Studios project property tax reduction
Construction and land costs for the Electric Owl Studios project have been offset by a $3 million reduction in property taxes, which was approved by the Decide DeKalb board. The Vice President of Economic Development for Decide DeKalb, Decide DeKalb said, Electric Owl will receive a $3 million reduction in property taxes out of a projected $5.4 million within a 10-year period.
Mereda Davis Johnson, the District 5 Commissioner, referred to Electric Owl Studios as a prime project and also described the site as a prime location that had been neglected for years in Dekalb. He mentioned that this development demonstrates what incentives can do to bring in more investments and enhance deprived communities. Other leaders have also praised the project’s site for its seamless transit access, as Atlanta’s airport is less than half an hour’s drive away.
The development team working on the Electric Owl Studios project includes Epsten Group, serving as sustainability consultants; Cherry Street Energy, in charge of providing solar initiatives; and the developers, Capstone South Properties, and Domain Capital Group. Construction on the studio is expected to be completed by January 2023.