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Old Posted Apr 8, 2024, 6:45 PM
ABQalex ABQalex is online now
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Join Date: Dec 2019
Location: Albuquerque, NM
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The city council at its meeting last week voted to approve the lease agreement for the Mesa Film Studios project on the Westside on part of the Double Eagle II Airport property. The city will lease 60 acres of land initially with up to 130 acres available overall for future expansion of the project.

https://cabq.legistar.com/Legislatio...6-4AFDA8058AFD

Here's a screenshot of the site plan for Mesa Fillm Studios showing the first phase and the two possible expansions. It's from the supporting documents for the city council agenda last week. In those files the other partner in the Mesa Studios venture was also revealed to be a New York City developer named Scott Resnick of SR Capital. I've included a link below to a story about him in the Wall Street Journal.

https://www.wsj.com/articles/a-resni...one-1431911329



More information about the Cinelease Studios project also came to light in the supporting documents submitted to the Albuquerque Development Commission back in February for the project incentives agreement. The ADC ultimately approved the incentives and sent them to the city council and mayor for final approval.

https://www.cabq.gov/mra/documents/a...5-24-draft.pdf

https://www.cabq.gov/mra/documents/c...se-inc-irb.pdf

https://www.cabq.gov/mra/documents/c...e-inc-leda.pdf

One of the things revealed is that the project is actually a $104 million investment by Cinelease, that's more than was originally reported. They state that the project will create at least 12 permanent jobs for the operation of the studios and 656 construction jobs. In an economic impact study by Ernst & Young it is estimated that they will create 408 annual studio production jobs with indirect and induced employment of 849 additional jobs annually. They will also be using pre-fab and modular soundstages from another company, examples of which they included in their study and submittal. I've included a screenshot of those, as well as the site plan below.















Here's a link to Spantech's website, which has more information about their soundstages and other offerings. I assume the components will be manufactured elsewhere and brought to Albuquerque for assembly.

https://span-tech.com/entertainment/...n/soundstages/
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