Brooklyn Mirage Purchased By Pacha Parent Company FIVE Holdings

The Brooklyn Mirage won’t be demolished, but instead rebranded as its purchased by FIVE Holdings, the Dubai-based holding company operating Pacha.

Sources familiar with the situation told Pollstar that the venue plans to reopen for summer 2026, with several shows already confirmed and to-be-announced. However, the grand-plans of a new build within the Avant Gardner complex with wrap-around LED screens may not appear until 2027, with the upcoming season going back to the bare basics of Brooklyn Mirage’s original 2015 design featuring an open air club with a 4,500-person dancefloor, according to sources.

In 2025, the venue announced plans for a a fully kinetic shutter system to open and close a 270-degree LED screen with 30k resolution and 100 million pixels. More than 100 speakers and subwoofers are also expected to be placed throughout the venue. The main dancefloor is expected to be double the size of the former venue’s floor, with second and third-level dancefloors also built in the mezzanine. However, the new build never passed inspection. Avant Gardner’s then-CEO, Josh Wyatt, was let go from the company, with Gary Richards stepping in as interim CEO.

Avant Gardner filed for bankruptcy in August, applying for a demolition permit in October.

FIVE Holdings paid $110 million for Avant Gardner and the club. Pacha originated as an Ibiza club in the 1970s, and from 2005 to 2016 had a venue in Hell’s Kitchen. FIVE Holdings purchased Pacha in 2023.