Film producer Taylor Sheridan is making his mark on Texas, creating the state's largest, fully operational film and television production studio.
The SGS Studios' campus with four sound stages spans a total of 450,000 square feet, helping launch a new industry sector in the Dallas-Fort Worth region in a move expected to boost Texas' economic growth. Prior to the addition of SGS Studios' production campus, North Texas did not have a full-scale production campus of this quality.
The studio signed a five-year lease for Alliance Center East 3 and Alliance Center East 2 in Fort Worth, Texas. The pair of leases earned a 2026 CoStar Impact Award, as judged by real estate professionals familiar with the market.
Last year, Paramount Television filmed multiple television series, including "Lioness" and "Landman" simultaneously at the campus developed by Hillwood, a Perot Co., in partnership with SGS Studios, which was founded by Sheridan, David Glasser and Dan Schryer. Other series currently in production include season 3 of "Lioness," season 2 of "The Madison" and a yet-to-be-titled spin-off of "Yellowstone."
To date, SGS Studios has created over 3,800 direct jobs, with 15,000 jobs expected to be created on an annual basis. Since the studio began filming in North Texas in 2021, it has booked over 75,000 hotel nights and has supported local businesses, officials said.
In turn, SGS Studios has tapped into Texas' film incentive program meant to help support and solidify film production in the Lone Star State. The incentives gave Paramount Television the ability to greenlight multiple series at once and position North Texas as a competitive alternative to traditional production markets, officials said.
About the project: SGS Studios was created through the adaptive reuse of two former industrial buildings that were transformed to become production facilities with flexible sound stages to accommodate concurrent productions of feature films and television series. This meant delivering air-conditioned, acoustically optimized sound stages with upgraded electrical systems, production support spaces, green-screen areas and circulation for the cast, crews and equipment.
What the judges said: SGS Studios' leases have had a big economic impact as it creates jobs, said Jennifer Schmiel of The Real Estate Council, adding that the studios have the opportunity for future growth in an industry not prevalent in North Texas. Weitzman's Bob Young said the deal brings continued commerce with new industry opportunities as Hollywood comes to the Dallas-Fort Worth region.
They made it happen: Hillwood Development Co.'s Jack Barkley and Josh Crook oversaw the adaptive reuse and development of the studios.