One of Hollywood's biggest visual effects studios Sony Pictures Imageworks is moving its headquarters from California to Vancouver, according to industry reports.

The Oscar-winning animation division of Sony recently produced the effects on the Tom Cruise sci-fi thriller Edge of Tomorrow and The Amazing Spider Man 2.

According to industry reports, the company is moving into a new 74,000-square-foot studio at the Pacific Centre. The old Sears building is currently being renovated to by U.S. retail giant Nordstom. Earlier this year Microsoft announced plans to open a new division in the building as well.

Amazon also announced plans last year to open a major office about a two blocks away in Vancouver's new Telus Garden's building, following similar announcements by and Hootsuite and Twitter.

Imageworks already has a studio in Vancouver's Yaletown, which  the company announced earlier this year would produce the visual effects for the upcoming Angry Birds movie. Industry reports credit a 58 per cent tax incentive in B.C. for the company's decision to move its entire studio north.