NBCUniversal has signed a 10-year deal with Garcia Realty and Development to turn a vacant, clear-span warehouse in Albuquerque into a major film and television studio for an estimated $4.4 billion.
Governor Michelle Lujan Grisham, Mayor Tim Keller and company executives announced that the facility will house two sound stages, offices and a windmill.
Once complete, the new facility will be used by the media conglomerate to produce scripted productions for multiple platforms, including broadcast and cable channels. Currently, the USA network series Briarpatch, from Universal Content Productions and starring Rosario Dawson, has committed to filming in Albuquerque. The Briarpatch pilot was filmed in New Mexico in 2018, employing approximately 200 New Mexico crew members and 350–450 extras.
In addition to planned production spending, NBCUniversal (NBCU) will have more than 330 full-time, year-round jobs at its New Mexico hub, generating an economic impact of $1.1 billion over a decade. The total number of direct and indirect jobs is expected to exceed 800, according to a state economic analysis.
The New Mexico State Department of Economic Development is providing $7.7 million through the Local Economic Development Act (LEDA) and the City of Albuquerque is pledging an additional $3 million from its LEDA fund for the redevelopment and production commitment. LEDA assistance is tied to specific economic development measures and subject to clawback provisions if NBCUniversal fails to meet its benchmarks.
The deal was announced at Albuquerque’s production headquarters by Governor, Mayor, State and City Economic Development Teams Edward T. Garcia and Carlos Garcia, and NBCU leaders. .
“We’re growing New Mexico’s film industry, diversifying our economy and creating exciting jobs – it’s a home run,” Governor Lujan Grisham said. “I am incredibly thrilled to welcome our state’s newest partner, NBCUniversal. The media industry is increasingly vital to our state’s workforce, providing stable, long-term jobs for talented individuals. of all ages, from all parts of the state. I am thrilled to be a part of the expansion of this industry – and we will continue to be.
NBCU will also provide regular funding for in-state workforce development initiatives, as well as internships for aspiring directors. Initiatives arising from the partnership aim to support the growth of the local crew base, support local educational and mentoring institutions, and market Albuquerque and New Mexico.
“We are creating a strong film and television industry cluster that supports high-paying careers in New Mexico,” Economic Development Secretary Alicia J. Keyes said. “With NBCU as New Mexico’s latest major film partner, the state has the opportunity to become one of the nation’s most successful production centers.”