Netflix to Expand New Mexico Production Hub With $1 Billion Investment

ABQ Studios-New Mexico-Getty-H 2018
Steve Snowden/Getty Images

The streamer, which acquired ABQ Studios in 2018, will create an additional 1,000 jobs in the state.

Netflix is doubling down on New Mexico as home for production.

The streamer plans to boost its presence in the state by expanding ABQ Studios — which it acquired in 2018 as a central production hub — and committing to an additional $1 billion in production spend. In thepast two years, Netflix has spent more than $200 million in the state, used more than 2,000 production vendors and hired over 1,600 cast and crewmembers.

Since 2018, Netflix productions filmed in New Mexico include Army of the Dead, El Camino, Godless, Daybreak, Chambers and Messiah. The platform is currently in production in the state on the films The Harder They Fall and Intrusion and is expected to soon begin filming Stranger Things season four in Albuquerque.

The expansion will add 300 acres to the company’s existing space at ABQ Studios, in Albuquerque’s Mesa Del Sol area — making it one of the largest high-tech and sustainable film production facilities in North America. The investment will create an estimated 1,000 production jobs in New Mexico over the next 10 years, with an additional 1,467 construction jobs to complete the expansion.

"New Mexico provides an outstanding production and business environment in close proximity to Los Angeles with some of the best crews and creative talent in the world," said Netflix co-CEO Ted Sarandos, who announced the news Monday alongside New Mexico Gov. Michelle Lujan Grisham and Albuquerque Mayor Tim Keller. "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."

"Ever since Netflix first chose New Mexico, they have been nothing but an incredible partner, pushing the boundaries of innovation and expansion while providing fulfilling work opportunities for so many New Mexicans," said Lujan Grisham.

Added Keller, "When we brought Netflix to Albuquerque, we put the spotlight on our city’s strong film economy and joined our brand to one of the top companies in the new global economy. Now, with this expansion, we’re looking forward to doubling the impact to 2,000 jobs for folks from all walks of life and a $2 billion investment into Albuquerque’s economy over the next decade."

As part of the proposed expansion, Netflix will add up to 10 new stages, postproduction services, production offices, mills, backlots and training facilities, wardrobe suites, a commissary to support meals and craft services, and other flex buildings to support productions. The State of New Mexico will provide up to $17 million in State LEDA funding and the City of Albuquerque will commit up to $7 million in local LEDA funding, including $6 million in infrastructure in-kind.

In addition, the City of Albuquerque will issue an Industrial Revenue Bond to partially abate property and other taxes over a 20-year term for the first $500 million in investment by Netflix to build out the production facility. On top of Netflix acquiring approximately 170 acres of private land, the company will also lease approximately 130 acres from the State Land Office for a total of 300 additional acres. All funding is pending the approval of the Albuquerque Development Commission and the Albuquerque City Council. If approved, funding will be disbursed according to benchmarks set out in the Public Participation Agreement.

Netflix Plans New Mexico Production Hub