DJ Calvin Harris says he lost $22.5 million in high-profile Hollywood real estate development

DJ Calvin Harris is involved in a $22.5 million legal dispute with his business manager, Thomas St. John, regarding financing for a major Hollywood property project.

According to court documents, Harris described the $500 million development planned for Sunset and Highland as either a total waste of money or, even worse, a deliberate scam. St. John, however, maintains their innocence.

Business

A historic Los Angeles movie studio, once home to silent film stars like Mary Pickford and Douglas Fairbanks, is now for sale and could become the workspace for today’s digital content creators.

In a legal claim filed in Los Angeles, Adam Wiles, known professionally as Harris, stated he invested a total of $22.5 million in a project called the CMNTY Culture Campus. This investment included a $10 million loan and a $12.5 million equity stake. The project was planned to feature a state-of-the-art recording studio designed for popular musicians, as well as restaurants and apartment buildings.

The project was introduced to the public in 2022, but the city hasn’t approved it yet. According to Harris’ legal team, he invested in the project in 2023 after St. John experienced financial difficulties and requested urgent funding from one of his top clients.

According to court documents, Harris provided a total of $22.5 million to the project – $10 million as a loan and $12.5 million as an investment.

According to a demand letter, shortly after receiving the investment, St. John took over $11 million for himself. He had been Harris’ financial advisor for approximately 13 years, until April.

Real Estate

DJ Calvin Harris, who has won a Grammy, is selling his Beverly Crest estate for $25 million. The property includes five buildings and two professional recording studios.

In early 2022, plans for the CMNTY Culture Campus-a 13-story building designed to blend indoor and outdoor spaces-generated significant buzz. The plans were submitted by St. John and Philip Lawrence, who at the time owned the famous Hollywood recording studio, Record Plant.

The almost two-acre property, located across from Hollywood High School, was created by HKS, the same architects behind SoFi Stadium. The plan was to combine a state-of-the-art recording studio with office space for entertainment professionals. The complex would also feature public areas like an auditorium and an outdoor amphitheater, offering concerts in a beautifully landscaped space overlooking the street.

The plan was to build a state-of-the-art complex with top-level recording studios, including facilities for all stages of music production.

In 2024, St. John proposed a change of plans for a property, shifting from office space to housing due to the continued weakness of the office rental market following the COVID-19 pandemic. His new proposal included building 734 apartments in two towers, one 34 stories tall and the other 38 stories tall.

The plan includes a one-acre garden for residents on top of a five-story parking garage. At street level, there will be a music recording studio, a restaurant, and potentially a coffee shop.

Sasha Frid, St. John’s lawyer, declined to discuss the dispute with Harris, but told Variety that Harris was the one who aggressively sought out this project.

I’ve been following this development closely, and it sounds like things hit a snag. One of the parties wasn’t pleased with how slowly things were moving and decided to take the dispute to arbitration. Now, let’s be real – rising interest rates and the current market are definitely slowing down construction across the board. But despite these challenges, those involved still believe this project is solid and predict it’ll be worth over $900 million once finished. And for the record, Mr. St. John maintains he’s done nothing wrong.

Harris’ attorneys did not respond to requests for comment.

A recently filed arbitration document shows that St. John has admitted he owes $10 million on a loan from Harris, plus an additional $1.9 million in interest.

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2025-09-25 00:01