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Lookout Albuquerque Studios

November 16, 2007

There is a new kid on the block… er, way out in no man’s land. Traditions Festival Marketplace is getting a $20 to $25 million dollar makeover, going from duck to swan during its transformation into New Mexico Film Studios. The former outlet mall was purchased by a group of California investors who no doubt wish to cash in on Tamalewood’s hot stock.

$25 million? That number seems awfully small to me. Regardless, cheers to new industry. Almost justifies that silly name plastered on San Felipe’s casino.

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