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Industrial Light and Magic will relocate its Vancouver studio to the Stack in 2025, according to multiple reports.

Industrial Light & Magic to Relocate to Stack: Reports

Reknown visual effects firm Industrial Light & Magic will relocate its Vancouver studio to the Stack in 2025, according to multiple reports.

Since 2013, ILM has leased studio space in Gastown at 21 Water Street. The company originally leased 30,000 square feet in 2013 and expanded to meet growing demand in 2017. Owned by Low Tide Properties, the building is more than a century old.

The Vancouver studio has helped produce such movies as Aquaman, Good Night Oppy and the Terminator: Dark Fate, and such television series as The Mandalorian, The Sandman, and Percy Jackson and the Olympians.=

ILM was founded in 1975 by Star Wars creator George Lucas. The California-based company is now a subsidiary of the Walt Disney Company.

According to the reports, ILM staff will be able to access 300 hybrid-workspace seats at the Stack, which is located downtown at 1133 Melville Street near the Burrard SkyTrain station.

The 550,000-st Stack is North America’s first zero-carbon building. Completed in 2023, the 37-storey building is jointly owned by Oxford Properties, a Toronto-based subsidiary of the Ontario Municipal Employees Retirement System, and the Toronto-based Canada Pension Plan Investment Board.

News of the pending ILM move comes after the Business Development Bank of Canada opened a new co-sharing location in the Stack.


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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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