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Pixar Raises Stakes in Emeryville

EMERYVILLE, CA-After experiencing what CEO Steve Jobs calls "the most financially successful year in Pixar's history," the company is ready to expand its existing campus in Emeryville.

By Michelle Savage | Updated on February 10, 2003

EMERYVILLE, CA-After posting fourth-quarter earnings last week that topped Wall Street estimates, Pixar Animation Studios says that it plans to expand its Emeryville campus.

In its original 1996 entitlements, Pixar outlined plans to build 400,000-sf of space in two buildings. The studio, which moved to Emeryville in 2000, has already spent more than $100 million to develop its Emeryville campus, which currently consists of one, 215,000-sf building at 1200 Park Ave. The second building has not yet been built.

According to a representative for Pixar, the studio plans to seek entitlements from the city this spring for up to 800,000-sf in a total of four buildings. Two of the new buildings would most likely be developed on parcels of undeveloped land on the company’s 14-acre campus, and the third is slated for a Pixar-owned building across the street.

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