Production Lot - DAILIES

Joseph Chianese

Cinelease picks New Mexico for a significant expansion
The entertainment service company has chosen its Albuquerque site for a new investment and significant expansion.

Pending permitting approvals and incentive agreements, Cinelease in Albuquerque will invest $95 million into New Mexico, adding five soundstages and two ancillary buildings, doubling its current space.

According to a New Mexico Economic Development Department analysis, Cinelease’s spending in the state and this expansion would create an economic impact of $227 million over the next decade.

Cinelease also anticipates an agreement with the New Mexico Media Arts Collective to assist with student workforce training and equipment donations and support the local community and filmmakers.

https://www.abqjournal.com/lifestyle/what-to-know-about-cinelease-studios-expansion-in-albuquerque/article_f4e2d15e-ca29-11ee-a310-ebd1809494be.html

Zach Duthie

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