Netflix In Albuquerque NM
Update, the original article was published on 11/8/2018. Exctitng news was recentley released by Netflix on 11/23/2020.
Netflix Co-CEO Ted Sarandos announced that the streaming giant plans to boost its presence in the state by expanding ABQ Studios.
The investment is estimated to bring 1,000 production jobs to New Mexico, as well as nearly 1,500 construction jobs.
Netflix is committing to an additional $1 billion in production spending and will add 300 acres to the existing space at ABQ Studios, making it “one of the largest high-tech and sustainable film production facilities in North America.”
“The expansion will bring many new high-tech and production jobs to the region. It allows us to be more nimble in executing our production plans while cementing the status of the region as one of the leading production centers in North America.” Sarandos said.
Netflix plans to add up to ten new stages, post-production services, production offices, mills, backlots, training facilities, wardrobe suites, a commissary to support meals and craft services, and other buildings to support productions. Netflix first purchased ABQ Studios two years ago.
The State of New Mexico will provide up to $17 million in LEDA funding and the City of Albuquerque will commit up to $3 million in local LEDA funding to the project. In addition, the City of Albuquerque will issue an Industrial Revenue Bond (IRB) to partially abate property and other tax over a 20-year term for the first $500 million investment by Netflix to build out the production facility. In addition to the private land acquisition, Netflix will also lease approximately 130 acres from the State Land Office. All funding is pending the approval of the Albuquerque Development Commission and the Albuquerque City Council.
Part of the proposed investment brings a focus on growing the crew base and talent pool, and Netflix has committed to provide training programs for below-the-line positions in partnership with the New Mexico Film Office, local universities, labor and industry organizations.
This part of the article was posted on 11/8/2018.
What is all the breaking news about Netflix and what does it all mean?
I am very sure that you have heard of Netflix? Netflix is an online streaming service and one of the largest U.S. production companies. If you have Netflix, I am sure that you have seen a few titles, series, and their original movies lately. Here in Albuquerque, New Mexico there is a lot of talk about Netflix these days. Well the breaking news is that Netflix is in the process of acquiring the ABQ Studios in Mesa del Sol located in Bernalillo County. This is absolutely huge news for Albuquerque, New Mexico.
Netflix is looking to bring in over $1 billion to the local Albuquerque, County, and State economies. What’s more is that Netflix is bringing over 1,000 jobs to our local Albuquerque, New Mexico community. This is a very important time to learn more about how Netflix moving to Albuquerque, New Mexico will positively impact the economy, housing, and job growth.
Albuquerque Economy And Netflix!
Having to provide over 1,000 jobs will definitely jump start the local Albuquerque community, and most importantly the economy! This is incredible for Albuquerque, because we have never seen this amount of jobs from a corporation since the introduction of Intel to the city. Netflix is being stated as the “next Intel” of Albuquerque, meaning that we get to have jobs, a good workforce, and help build the film industry in the next few years to the next few decades. Once, a corporation lands in the Albuquerque and Rio Rancho area, usually we see a positive growth in overall economy.
The overall economy benefits by introducing more jobs, more families will relocate to the area, more schools being built, and the housing market begins to start up again. Once families settle down, more stores and shops are built, shaping the local economy and helping to bring in more jobs into the area.
The announcement of the Netflix deal and agreement between the corporation and the City of Albuquerque is already benefiting the local areas and communities. College students are excited, businesses are able to promote to the larger community that will be moving to Albuquerque and Rio Rancho areas, and Netflix will bring in the movie and tv show stars for their filming.
Netflix Jobs For You!
You might ask what jobs are in the film industry? What jobs will Netflix bring to the Albuquerque and Rio Rancho areas? What can you start doing in order to be able to apply for a job in the film industry?
A few examples of jobs within the film industry include production crew, multimedia production crew, writers, editors, creative directors, and many more jobs! If you are interested or curious in learning more about the film industry, I recommend looking online at the Netflix website, browsing some local college campus courses, and doing some research on film industry and how you can gain a skill for employment.
The jobs by Netflix covered a variety of areas. I know that Netflix purchased the studios lots and has acres to expand its production sets. Some production set jobs include filming, videography, lighting, and staging. You can really browse online for jobs or why not get connected directly to the local film industry by attending a live taping, auditioning for a role, or reaching out to a production company.
If you are interested in employment, I recommend studying some film industry and building your skill sets at the local Albuquerque and Rio Rancho college campuses. You can learn how to creative write, how to produce multi-media projects, the art of illustrating, and even how to operate a drone camera and get your license for it!
Now is the best time to look at internships and see what production companies are in the local Albuquerque and Rio Rancho areas. I recommend browsing the internet and Google for learning about what was filmed here in New Mexico. Most famously, the “Breaking Bad” T.V. show was filmed here in Albuquerque! You can find local Albuquerque hotspots when watching the show. Now, the same production company is filming the prequel series called, “Better Call Saul” which also shows local Albuquerque hotspots as well.
Albuquerque Housing: Now is the Time for Buying!
Albuquerque’s economy will start up again, the jobs will grow, and now is the absolute best time to buy your dream here in Albuquerque! Why not buy a beautiful home in New Mexico? We are located in the Southwest Region, gaining over 315 days of sunshine each year, easy to navigate road system, and tons of local businesses and stores too. Well, we now have Netflix, so it’s safe to say that we can expect Albuquerque to become a major hub and city full of film industry technology and production.
Myers & Myers Real Estate welcomes Netflix and we want to thank Netflix for choosing Albuquerque.
This means that Albuquerque will be on the map, more and more people will want to relocate to the area and live in the city to be closer to their job at Netflix and to work in the film industry. So now is really the best time to look at beautiful homes for sale and find your dream.
Myers & Myers Real Estate is a full service real estate brokerage located in Albuquerque New Mexico. We help home buyers and home sellers in the Albuquerque metro achieve their real estate goals. Our website has every home for sale in the Southwest Multiple Listing Service. Check out homes for sale in Albuquerque, homes for sale in Rio Rancho, homes for sale in Corrales, homes for sale in East Mountains, homes for sale in Valencia County, and homes for sale in Los Lunas.
While searching for your dream home, I recommend researching about the local film industry and see if maybe you can audition for a role or be part of the cast. There are always opportunities on the local news stations, on social media accounts, and postings online. Maybe stay in Albuquerque for a while and take a few college courses relating to the film industry. Our schools here can help you gain skills to become employed. Also, after work you can go home to your beautiful house and relax!