New Mexico is determined to stay in the Hollywood limelight.
Much to the chagrin of California, New Mexico has emerged as a major draw for movies and TV shows in recent years. Credit a generous 25% film production rebate, favorable climate and an aggressive film office.
Now the state that bills itself as "Hollywood's Newest Home" is ratcheting up the competition. With the support of a $10-million economic development grant from the state, developers are about to break ground on a major production studio just outside Santa Fe, the state's capital.
The $25-million project, called Santa Fe Studios, will include two 18,000-square-foot sound stages and 27,000 square feet of warehouse space. It will be the state's second major sound stage facility after Albuquerque Studios, which has eight sound stages and has helped fuel the state's film growth since opening in 2007. The studio is home to the TV series "Breaking Bad" and the cable channel Reelz, which relocated from Los Angeles last year. It also has hosted production of such movies as "Terminator Salvation."