PACIFICA VENTURES

Albuquerque Studios
Starlite Productions
New Projects

 

Pacifica Ventures was created over a decade ago to take advantage of unique real estate and business opportunities in the entertainment industry.  The company’s primary focus is on the worldwide acquisition, development, and operation of filming and production facilities for motion pictures and television production. Pacifica Ventures serves the major Hollywood studios, as well as the world's most successful independent producers, and all members of the entertainment community who create, finance, produce and distribute media content.

Our mission is to become the dominant provider of first-class, technologically advanced entertainment production facilities in the world.

Pacifica Ventures maintains its head offices in Santa Monica, California, with affiliate offices in London, Prague and Kiev.  Pacifica also has several major new initiatives currently pending in North America and Europe.  Albuquerque Studios is a new eight-stage facility now open for business in Mesa Del Sol just south of Albuquerque’s international airport.  This prime New Mexico location is North America's newest state-of-the-art production center for feature films, television and post-production services. Additionally, Pacifica is in negotiation to acquire or build facilities in two prominent eastern states that are highly active as feature film production locations, as well as four prominent European production centers.  Pacifica will also break ground in 2007 on a new office building in the heart of historic Hollywood, California.

All of Pacifica’s production facilities have the same basic underlying imperative that is the key focus of Pacifica Ventures: All are located in areas of keen interest to the entertainment industry either for their significant tax incentives, significantly lower costs of production, or their unique filming locations.

The Culver Studios, Pacifica Ventures' first successful negotiation and acquisition, is one of the most successful independent film and television facilities in the industry.  Pacifica Ventures negotiated the purchase of this facility from SONY Pictures in 2003 and closed the transaction in early 2004.  Along with venture partner Lehman Brothers, the group also purchased the TCSOB Building from Sony and oversaw the construction of a new 30,000 square foot office building for Sony’s Imageworks division.  The total value of the transaction exceeded $125 million. Pacifica’s senior management team executed a dramatic financial and operational turnaround at the Culver Studios, initiated the construction of a new, on-lot, 50,000 sq. ft. production office building, and secured the entitlements to construct an innovative, 120,000 sq. ft. mixed use office and retail complex and a new town square walking mall in the heart of Culver City, directly adjacent to the Culver Studios “Mansion” building. In October 2006,  Pacifica’s 30-month management contract at Culver Studios came to an end, and Pacifica’s primary focus shifted to its new projects in Albuquerque, Hollywood, Kiev, and around the world.  Today, Pacifica only retains a financial interest in The Culver Studios, and has no other affiliation with its current owners or management. 

Pacifica’s growing family of studio facilities, specifically designed to serve the feature film and television industry, makes up the cornerstone of a unique world-wide network of specialty stage facility and production centers that will continue to attract significant demand from major producers of content from Hollywood as well as all the emerging content production centers throughout the world.

 

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