Albuquerque Development Thread

[ABQalex]

Here's the Albuquerque Journal's coverage of yesterday's announcement of the bond to help fund the new soccer stadium's construction. It will be in the amount of $50 million. The stadium is planned to begin construction sometime next year if the bond is passed and all goes smoothly.

https://www.abqjournal.com/2412949/mayor-makes-his-case-for-a-new-soccer-stadium.html

Upon receipt this past week of a 400-plus page feasibility analysis, the Mayor will send a resolution on Monday to City Council to get a bond proposal placed on the November ballot — on which he will also be on seeking re-election — for a new, publicly funded downtown soccer stadium with New Mexico United, a privately owned team, as the primary tenant.

The publicly financed project could cost an estimated $70 million before land acquisition costs.

“You all have earned a stadium,” Keller shouted to fans from the back of a pickup truck with his picture and one of Trevisani on all sides.

“So, New Mexicans and Burqueños, this can be our choice in November. And I know with the (team supporter’s group, the) Curse’s help, and with City Council’s help, we’re going to build a new home for the United right here in the Duke City.

Of course, there are more than a few things that have to happen still before the promise of a new downtown stadium is delivered. And while “multi-use” wasn’t used in the evening tailgate announcement, the term was used in the City’s news release sent out to media shortly thereafter, and a limited number of non-United events were mentioned in the feasibility study.

That news release also stated voters will be asked to approve a $50 million bond proposal for the stadium. The feasibility study cited the two preferred downtown locations for the proposed stadium.

State lawmakers have already earmarked about $9 million for the project over the past two legislative sessions, including $4 million from Gov. Michelle Lujan Grisham this past session.

A pertinent quote from the Q&A section of the article talking about the site and land acquisition efforts.

JOURNAL: As has been reported by the Journal, the feasibility study identified four possible downtown locations and two “preferred” locations. Will the voters know the chosen location they will be voting on in November?

KELLER: “Because of the length of real estate transactions and so forth, we know it’ll hopefully be one of those four (locations), but we do know some of those lands have owners that may or may not want to sell. So we can’t be 100% sure about any location. That’s just the recommendations from the consultant.”

RAEL: “It would be premature to buy any property or make a final decision until the voters say yes because you need the revenues to build the stadium. And so until they say, yes, we’re right now just looking at all the sites making sure they work, and then waiting for the voters to make a decision.”

[ABQalex]

Amazon has now officially confirmed that its Albuquerque fulfillment center on the Westside will employ more than 1,500 people, which is 500 more than than when the project was first announced last year. It says both the fulfillment center and sortation center should officially open later this year.

Amazon will create hundreds more jobs than previously thought in Albuquerque, where it expects to open a large fulfillment and sortation center later this year.

Eileen Hards, a spokeswoman for the e-commerce giant, told Albuquerque Business First that the company will begin hiring "soon" for the more than 1,500 jobs at the Albuquerque development off of Atrisco Vista Boulevard. That’s 500 more jobs than was previously expected.

“Jobs should be available soon, and both sites are scheduled to open later this year,” Hards wrote in an email to Albuquerque Business First.

The 270,000 sq ft sortation center should create about 200-300 jobs as well, which is what most sortation centers its size employ in other locations. The delivery station should employ about 150-200 people as well. That's about 2,000 jobs created with just these three sites. And I'm sure more sites will be forthcoming in the future.

Below are the most recent video updates of the Amazon construction projects in Albuquerque on Vimeo. The construction updates have slowed considerably as both buildings are pretty much finished with actual construction.

Video Link

Video Link

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[ABQalex]

Albuquerque Business First has an update about the Lofts at Winrock project at Winrock Town Center. The project is now expected to get underway early next year. It will have 207 units and is estimated to cost about $50 million.

One of the newer planned residential options at Winrock Town Center has a new construction timeline and name.

Scott Goodman, vice president of Goodman Realty Group told Business First the 207-unit Lofts at Winrock is expected to now break ground next February. The project was originally slated to break ground October 2020 but the Covid-19 pandemic pushed the timeline back.

As the landlord of Winrock, Goodman Realty builds new construction onsite like Lofts at Winrock and the mixed-use Portland Building. It also negotiates to bring tenants in like StretchLab, Albuquerque Hearing & Balance and many others.

Pavilion Construction and Dekker/Perich/Sabatini have been chosen as the project's general contractor and architect, respectively, Goodman said.

Albuquerque Business First last week also had a story about the 92-unit Hiland Plaza apartments by the Greater Albuquerque Housing Partnership on Central Avenue near the San Mateo ART station. The project will have 2,000 sq ft of commercial space on its ground floor and will cost about $19.2 million to construct.

https://www.bizjournals.com/albuquerque/...-apartments-planned-for-central-ave.html

Following the city's investment in the Albuquerque Rapid Transit line, the Greater Albuquerque Housing Partnership has another apartment project planned along Central Avenue.

Felipe Rael, executive director of the partnership, told Business First his organization is planning a 92-unit, 80,000-square-foot apartment project on the southeast corner of Central Avenue and Jackson Street. The four-story building, dubbed Hiland Plaza, will be shaped like an "L" and accommodate those in need of affordable housing, he said.

If that sounds familiar, it's because just five months earlier the Greater Albuquerque Housing Partnership and partners broke ground on the Luminaria Senior Community. That project is also 92-units. "L" shaped, and four stories tall. It is located at 10600 Central Ave. SE.

Rael said the city of Albuquerque, New Mexico Mortgage Finance Authority and the Albuquerque Housing Authority have partnered with his organization for the Hiland Plaza. In total, Rael said the project will cost $19.2 million.

Hiland Plaza will be made up of one-bedroom, two-bedroom and three-bedroom units and includes 2,000 feet of commercial space for rent on the ground floor. Families who earn 60% of the median income in Bernalillo, Sandoval, Torrance and Valencia counties will make up 85% of the apartments. The remaining 15% will be market-rate units.

[ABQalex]

The Imperial Inn renovation project has broken ground and begun construction in East Downtown. It will include 58 hotel rooms, 16 apartments, event and conference space, as well as over 4,400 sq ft of commercial space.

https://www.krqe.com/news/business/city-breaks-ground-on-imperial-inn-redevelopment-project/

• Video Link







On the opposite edge of Downtown Albuquerque, the conversion of the Express Inn motel into the Millennium Flats apartments has been completed. The 67 studio apartments are now being leased. There is also a small cafe space on the property that I believe has been leased, since a building permit to finish out its space has been issued recently.

https://posse.cabq.gov/posse/pub/lms/Default.aspx?PossePresentation=Public&PosseObjectId=122353956

https://www.apartmentfinder.com/New-Mexi...ents/Millennium-Flats-Apartments-3nhm33f

[ABQalex]

Another project by Palindrome Communities was revealed in its submission to the Brown Property RFP. In the 'current and previous projects' section it listed a 60-unit apartment project for seniors that will be built at 4th Street and Osuna Road NW. The project is called "Trailhead at Chamizal" and it's part of a larger development project that was submitted as part of the Los Ranchos Village Center RFP that was put out by the village of Los Ranchos in 2018.

https://www.abqjournal.com/1201237/fourth-osuna-may-draw-mixed-use-development.html

The entire project will include more apartments, as well as single family homes and commercial space. The commercial space is planned to include a grocery store, indoor marketplace, and ground-floor commercial space in the other two apartment buildings that will be built as part of the project. The village approved the development agreement in October last year and it calls for the apartment buildings to get underway in July next year. The entire project would be completed by January 2028, according to the development timeline that's part of the agreement.

https://losranchosnm.gov/village-center-project

Below are renderings of the 60-unit Trailhead at Chamizal senior apartments from the files found in the project link above.









Here's the updated (4/21/21) layout of the overall development project. Sites 1 and 2 are the other apartment buildings and site 3 is the senior apartment building. It's uncertain how many units the other two apartment buildings will have, but going by the village requirement of one parking space per unit, I estimate they will have about 104 units combined. It also looks like there will be 12 townhomes/SFH (site 5). That would be a total of 176 residential units for the project.



Here's a closeup of the main commercial portion of the project. As you can see, it includes an indoor marketplace and community center that's being referred to as "The Barn." In the supporting documents there are rough sketches which show it as a 3-story structure with an atrium that is indeed shaped like a barn. It would have restaurant and retail pods, much like the El Vado and Imperial Inn projects, as well as a taproom and business incubator spaces. It would also have community, events and educational spaces.







Here's the development timeline, with phase numbers that correspond to the updated layout above.



Other development projects by YES Housing were also revealed in their submission to the Brown Property RFP. As part of their submission they included minutes from their most recent board meetings. The minutes show that they are working on or negotiating two interesting projects in Albuquerque.

One is a project at Max Q, which I'm not sure will have a residential component. They've worked on non-residential projects before. They're working on the project with a local tech company. The other project is a mixed-use project including residential and retail uses that they have been approached by a local development company to jointly develop a proposal.

The project site is described as covering 10 acres at Central Avenue and Juan Tabo Boulevard. It's apparently a development initiative of the mayor, possibly an RFP. I'm thinking it might be the Franklin Plaza site, which the mayor has targeted for cleanup and compliance since it's mostly vacant and in a derelict state. The planned redevelopment announced five years ago by the California company that also renovated the old Kmart at Central and Atrisco never materialized.

https://www.bizjournals.com/albuquerque/...ays-goodbye-to-franklin-plaza-hello.html

https://www.krqe.com/news/albuquerque-me...rst-to-face-charges-under-new-ordinance/

Loopnet lists the site as being 44 acres, but I don't think it is that big. It looks to cover about 4 city blocks and I know that the blocks downtown are about 2.5 acres each, which would make it 10 acres.

https://www.loopnet.com/Listing/120-Juan-Tabo-NE-Albuquerque-NM/12504347/

Another possibility is that it could be the empty properties and storage facilities on the southeast corner of the intersection. There are also other vacant properties in the vicinity of the intersection, but they are all considerably smaller.

Either way, I hope we'll see something nice developed at the intersection soon!

Below is a screenshot of the minutes from their December board meeting where they describe the two projects and receive an update on their status.

[ABQalex]

Albuquerque Business First today reported about a new 35-lot townhome community being developed in the North Valley by Twilight Homes. The project is located just off of 4th Street on San Clemente Avenue, right behind the Faraday Apartments.

https://www.bizjournals.com/albuquerque/...es-starts-on-north-valley-communtiy.html

New homes in an emerging North Valley community will start below the $300,000 threshold.

Brian Mills, Twilight Homes of New Mexico's VP of sales and marketing, confirmed to Business First the model home of the 35-lot Estrella del Norte community is under construction. He said homes will have an urban feel as the homes will be built in close proximity to one another but will not share walls. The community is built-to-suit, which will lock your price in before the construction starts, Mills said.

"You give us about eight months and we'll get your home built," he said.

Estrella del Norte has three floor plans, which start at $298,990 and go up to $339,990. Homes range in square feet from 1,545 to 1,999, according to Twilight Homes' website.
...

In total, 16 building permit applications have been filed with the city of Albuquerque for addresses between 201 San Clemente Ave. NW and 339 San Clemente Ave. NW. The building contractor listed on each permit is MTV Enterprises LLC. Vincent Pizzonia, president of Twilight Homes, is the organizer of MTV Enterprises, according to New Mexico Secretary of State filings.

Of the 16 building permit applications, six have been issued.

It's awesome to see all these projects that are happening along 4th Street! It really could be the north-south urban spine to complement Central Avenue's east-west orientation. It has enough existing urban fabric and historic properties left to build off of and become a great urban corridor. I look forward to seeing how it may develop!

[ABQalex]

Albuquerque Business First has a story with renderings of the two affordable apartment projects that are getting ready to begin construction on Coors Boulevard NW. The two projects combined will have 207 units. It says the apartments may begin construction in early October.

https://www.bizjournals.com/albuquerque/...pment-affordable-apartment-projects.html

Thomas Development Co. is gearing up to build two affordable housing options on Albuquerque's Westside near Coors Boulevard and Bluewater Road.

Business First reported on separate building permit applications filed June 10 for a new 137-unit project at 457 Coors Blvd. NW and an additional 70-unit project at 441 Coors Blvd. NW.

Thomas Development CEO Thomas Mannschreck confirmed the two are affordable housing communities for families and seniors, respectively.

The projects are respectively named San Roque Apartments and La Serena Apartments. They have price tags of around $30 million and between $16 million to $17 million, respectively, Mannschreck said. The permits remain in review as of Thursday.

Construction could start in early October with an estimated 14-month buildout, Mannschreck said. Tucson, Arizona-based Tofel Dent Construction will be the general contractor for the two Westside properties while fellow Boise company Erstad Architects will be the architect, he said.

Upon opening, monthly rents at the two apartments will be determined by the renter's income and not the market rate.

Here's an aerial pic of the site where the apartments will be built, from an apartment listing that has been created on Apartments.com for the San Roque Apartments.

https://www.apartments.com/san-roque-albuquerque-nm/80nz9l3/

[ABQalex]

The Orion Center project has received FAA approval to go forward.

The Federal Aviation Administration (FAA) signed off on plans for the Orion Center earlier this month, granting three approvals to the City of Albuquerque for its use of the land where a satellite manufacturing facility would be built.

The approvals were received between April 30 and Aug. 2, said Albuquerque Aviation Department spokesman Jonathan Small. With the three federal approvals — Section 163, Environmental Assessment and Non-Aeronautical Use — the Orion Center is now cleared for an assembly facility. It was also deemed by the FAA that further environmental assessment was not necessary, according to Small. The Orion Center will be located at the intersection of Gibson Boulevard SE and Girard Boulevard SE.

[ABQalex]

Another exciting apartment project for Uptown Albuquerque has been revealed in the agenda for next week's Development Review Board meeting. Legacy Development is planning a 151-unit, 5-story apartment building called Markana Flats. It will be built on Constitution Avenue NE just east of Louisiana Boulevard.

https://documents.cabq.gov/planning/deve...1/August/DRB%20Agenda_August_11_2021.pdf



The project will have 4 levels of apartments above a ground-floor parking level. There will be two outdoor courtyards on each side of the building, similar to the Markana Uptown project. One courtyard will have a pool and hot tub/spa pool.





The project will be built on an empty lot directly east of the Metro Center office building.





The Metro Center building is one of my favorites in Albuquerque. I love the shape of the building and its glass cladding. Modern Albuquerque recently featured the building on its Instagram account.

https://www.instagram.com/p/CRPZNdkrspl/

[ABQalex]

Construction pics of the Route 66 Visitors Center posted today by the West Central Community Development Group on Instagram.

https://www.instagram.com/p/CSPB4KqFMEq/





KRQE earlier this week had a piece talking about the visitors center project with the director of the WCCDG as well.

https://www.krqe.com/news/albuquerque-metro/visitor-center-aims-to-showcase-history-of-route-66/



Here's a fly-through animation of the project on YouTube.

• Video Link

[ABQalex]

The New Mexico United today announced the first of its "Community Conversations" about the stadium project that will occur tomorrow at 5:30 pm on Zoom and is open to the public. In the story below by KOB-TV they include a link to RSVP to participate in the meeting.

https://www.kob.com/albuquerque-sports/n...ions-to-discuss-stadium-project/6202528/



The bond for the New Mexico United stadium was introduced at last week's Albuquerque City Council meeting. It was just a formality and wasn't actually voted on. However, public comments were accepted and were overwhelmingly against the project and the preferred sites in the downtown area that were identified. The usual tropes about displacement and gentrification, not using public funds for the benefit of private entities, and better using the funding instead for other needs, etc. were presented.

The Albuquerque Journal had stories last week highlighting all this opposition and included results of polls that the city conducted last year and in 2019 to gauge public support for the project. The polls both found over 60 percent support for a stadium, but only 50 percent were in favor of using public funds to build it in the 2019 poll where that question was asked. Even less people wanted it built downtown in that 2019 poll. Most wanted it to be built in the UNM South Campus area with the other existing stadiums.

https://www.abqjournal.com/2417286/surve...half-say-it-should-get-public-funds.html

As city officials and other supporters promote putting a $50 million stadium bond question on the Nov. 2 ballot, they frequently mention a survey indicating most Albuquerque residents support such a project.

That would be the city’s annual citizen satisfaction survey conducted by Research & Polling Inc.

In the November 2020 survey, pollsters asked participants, “As you may know, Albuquerque has a professional soccer team called New Mexico United. The team is temporarily playing its games at the Isotopes Baseball Park. Do you support or oppose building a new multipurpose arena that could be used for New Mexico United soccer games and other events in addition to soccer games?”

In response, 63% said they supported it, 23% said they opposed it, 7% were neutral, while the rest did not answer or said it depends.

But the city did not include a separate question about using public money for a new venue in the 2020 survey as it had just the previous year.

In 2019, most respondents expressed support for a new sports venue, regardless of how it was described. Of those asked if they supported building a new “multipurpose arena” for New Mexico United soccer games and other events, 67% said they supported it, while 24% opposed it.

Of those asked their opinion on building a “new soccer stadium” for United and other games, 61% expressed support compared to 29% against.

However, the 2019 survey took the issue a few steps further.

It asked respondents if they supported using public funds to build either the multipurpose arena or soccer stadium.

Half – 50% – said they supported the public investment, while 38% said they opposed it.

Unlike the 2020 survey, the 2019 edition also asked participants what they considered the best location for the facility, offering several suggestions.

The top answer was to build it near the University of New Mexico’s sports stadiums and Isotopes Park – an area often referred to as the UNM South Campus.

Nearly half of all respondents – 48% – deemed that the best location, four times as many as said Downtown – 12% – was the best site.

https://www.abqjournal.com/2417282/public-blasts-city-stadium-proposal.html

As they consider putting a $50 million stadium bond issue on this fall’s ballot, Albuquerque city councilors are hearing from an onslaught of opponents characterizing the project as a poor use of public resources in a time of many more urgent needs.

The 143 pages of written public comment submitted prior to Monday’s City Council meeting pertained mostly to the multiuse stadium proposed as a new home for the New Mexico United soccer team. Critics outnumbered supporters about 13 to 1; they called the idea “reckless,” “thoughtless” and “egregious,” and raised concerns that a publicly funded Downtown stadium would displace lower-income residents while enriching a select few people. One detractor called the project “a handout for private industry that adds no value to lives of the everyday people who make up the community.”

Several commenters argued that the soccer team should use an existing public venue – including the city-owned Isotopes Park that it currently shares with the namesake baseball team – or pay for its own stadium construction. Many complained that the city has far more pressing concerns, including the instability wrought by COVID-19 and the growing number of people living on its streets.

Here's the New Mexico United's post on Instagram today announcing the public conversation on Zoom tomorrow. Judging by the negative comments beginning to pour in on it and elsewhere on social media, it's shaping up to be a sh*t show of opposition to the project in general and a downtown location in particular.

https://www.instagram.com/p/CSXW40OLpEJ/

[ABQalex]

Albuquerque Business First has a preview with pics of the new Fogo de Chão location at Coronado Center. It will open for business next week.

https://www.bizjournals.com/albuquerque/news/2021/08/12/fogo-de-chao-albuquerque-opening.html

A Brazilian steakhouse with 56 locations across the globe is about to add Albuquerque to its growing list.

Fogo de Chão will make its debut on Aug. 17 in the Coronado Center at 6600 Menaul Blvd. NE. The space was previously occupied by Kirkland’s. The restaurant will be led by general manager and head gaucho chef, Ronan Melo.

“Albuquerque has great spice, great food, so I think why not bring our hospitality and our great food to the Albuquerque community,” Melo said. “I think that’s the perfect combination.”
...

California-based Innovation & Design Architecture handled the design of the Albuquerque restaurant, which has seating for 300 people. A representative for Fogo de Chão said 20 local contractors helped with some of the electrical, plumbing, roofing and other elements of the build-out.

As of Aug. 11, the restaurant had hired 105 people and was still in the hiring process. They plan to grow that number to about 140 employees. The restaurant does not currently have an employee Covid-vaccination policy, but Melo said they have “a promise to go above and beyond what the CDC requires.”

When asked if he had any pause about opening a restaurant now, given the challenges of Covid, Melo said, “not at all.”

[ABQalex]

Of course no big project in Albuquerque would be complete without provincialism and tit-for-tat demands. The three Westside city councilors are demanding that the city re-open the soccer stadium selection process and include at least one Westside option. They want the study done by January next year. But what it looks like they're really up to, is getting money out of the bond for Westside sports fields. They will introduce a resolution on Monday seeking an additional $10 million for the Westside sports fields and mandating the new study. I suspect they won't support the stadium bond without getting that $10 million.

https://www.abqjournal.com/2419476/councilors-want-west-side-considered-for-possible-stadium.html

Three West Side Albuquerque elected officials want the city to reopen its multi-use soccer stadium feasibility study to include sites in their area.

Albuquerque City Councilors Cynthia Borrego, Klarissa Peña and Lan Sena are proposing legislation that would require the city to evaluate at least one possible location west of the Rio Grande, saying in their bill that the area “might offer greater land availability and space” and locations that fit stadium criteria and “provide greater visibility and access to the stadium.”
...

The City Council is slated to decide Monday whether to put a $50 million stadium bond question on the Nov. 2 ballot for voter consideration.

The three West Side councilors will pursue an immediate Monday vote on their bill requiring a West Side location analysis by Jan. 1, 2022.

“I don’t know exactly what the best place is for (the stadium), but I feel we kind of got a little brushed over,” Peña said in an interview Friday, saying she was surprised the analysis did not evaluate a West Side location. “I think we should at least at a minimum give it a little (look).”

The city has now paid CAA ICON $450,000 for the analysis. The new legislation would appropriate an extra $50,000 for additional West Side review.

A spokeswoman for Keller’s office said Friday the city is “open to expanding the study” if voters ultimately approve funding for the project.
...

Despite her quest for some West Side stadium consideration, Peña said she suspects that a stadium — if voters approve funding — will ultimately go east of the river. She is therefore pushing for a simultaneous West Side investment.

She said she and her West Side council colleagues on Monday also will propose tethering an additional $10 million for West Side youth practice facilities to the $50 million stadium bond question that may be headed to voters.

This is exactly the kind of sleazy, slimey stuff that always holds Albuquerque back. It's this same type of bullsh*t that has doomed pretty much every transformative project to come along in Albuquerque over the last 25 years.

A Westside location defeats the purpose of the stadium being an impetus for urban development and revitalization. That's a huge part of the city even doing this project in the first place. Take that aspect of the project out and you have even less of a public benefit.

It's infuriating to see what these petty, scheming Westside city councilors are up to, apparently just a ploy to wrangle $10 million for their districts.

[ABQalex]

The Albuquerque City Council passed the $50 million bond question for the New Mexico United soccer stadium at its meeting Monday night. It passed by a vote of 7-2. The question will now go before voters in November. More people spoke in favor of the stadium at this council meeting, unlike the previous one. The proposals to consider Westside locations and to add $10 million for Westside sports fields to the bond were defeated, with only the three Westside councilors voting in favor of those efforts.

https://www.krqe.com/news/politics-gover...adium-proposal-to-be-on-november-ballot/

[ABQalex]

The Bernalillo County @ Alvarado Square government headquarters project has been completed. It opened to the public this past week.

https://www.abqjournal.com/2419125/county-to-debut-new-hq.html

https://www.bernco.gov/county-manager/bl...ado-square-to-open-to-the-public-aug-16/

https://www.bernco.gov/county-manager/bernalillo-county-alvarado-square-faqs/

https://www.csbsigns.com/project/bernalillo-county-government-center-at-alvarado-square/

[bleuler]

Looks amazing! Thanks for post

Unrelated topic. I pass by the old Hastings on Montgomery and Wyoming. There is fencing around it. Was thinking someone is finally gonna do something with the property- or maybe preventing vandalism?

[ABQalex]

Originally Posted by bleuler

Looks amazing! Thanks for post

Unrelated topic. I pass by the old Hastings on Montgomery and Wyoming. There is fencing around it. Was thinking someone is finally gonna do something with the property- or maybe preventing vandalism?

Yes, that entire shopping center with the old Hastings is going to be torn down and transformed with residential uses and new commercial space. The project went before the Development Review Board on July 21st for a sketch plat review of its plans. Below are screenshots from the files submitted to the DRB for the project as well as from Google Maps showing the existing shopping center.

https://documents.cabq.gov/planning/deve...B2021/July/DRB%20Agenda_July_21_2021.pdf











As you can see from the above screenshots, the outparcels containing the Bank of America branch and Taco Cabana restaurants will remain and be unaffected by the redevelopment project.

As you can also see, the old shopping center used to have a Hobby Lobby location that moved further east up Montgomery Boulevard a few years ago to the renovated and redeveloped old Kmart location at the Sierra Vista shopping center. The old Kmart space also used to house a Stein Mart until the company went under last year with the pandemic. The old Stein Mart space is now going to become a new Big Lots location. The building permit application for the project was recently submitted and is under review by the city.

https://posse.cabq.gov/posse/pub/lms/Default.aspx?PossePresentation=Public&PosseObjectId=142468630

Here are before and after pics of the old Kmart by the construction company that handled the renovation.

https://www.hartconstruction.net/gallery-of-work/

[ABQalex]

Albuquerque Business First has a story about the renovation and conversion of the former Kmart location at Carlisle and I-40 into the Carlisle Crossing development. Building permit applications have recently been filed with the city for the project and one has already been issued.

https://posse.cabq.gov/posse/pub/lms/Default.aspx?PossePresentation=Public&PosseObjectId=136245297

https://posse.cabq.gov/posse/pub/lms/Default.aspx?PossePresentation=Public&PosseObjectId=142359203

https://posse.cabq.gov/posse/pub/lms/Default.aspx?PossePresentation=Public&PosseObjectId=142725981

https://www.bizjournals.com/albuquerque/...-files-building-permit-applications.html

Whole Foods Market appears to be moving forward with its plans for the Carlisle Crossing development, according to documents filed with the city.

Austin, Texas-based Whole Foods filed two building permit applications on Aug. 16 and Aug. 20 for a 44,468-square-foot new building at 2100 Carlisle Blvd. NE — the site of Carlisle Crossing. Overland Park, Kansas-based BRR Architecture Inc. is listed as the building contractor for both permits.

Representatives for BRR Architecture could not be immediately reached for comment. In a statement to Business First through a company spokesperson, Whole Foods confirmed that an Albuquerque store is in development but didn't have additional information to share about its whereabouts.

Meanwhile, the city of Albuquerque approved a building permit for alterations on Aug. 17 that was applied for Rosen Associates Management Corp. — the development company of Carlisle Crossing. Albuquerque companies Jaynes Corp. and Modulus Architects Inc. were listed as the building contractor for the 63,458-square-foot project.

The demolition permit for the renovation project was issued earlier this month. Below are two pics of the demolition from the above Business First story and a recent post on the Albuquerque Memories Facebook page.

https://posse.cabq.gov/posse/pub/lms/Default.aspx?PossePresentation=Public&PosseObjectId=131315616




https://m.facebook.com/groups/755142574564723/permalink/4285420071536938/

[ABQalex]

MTX Group Inc. and local officials announced today (Monday) that the company will bring over 250 high-paying tech jobs to the city. The jobs will pay between $90,000 and $175,000 a year. The company says it is still finalizing an office location but will spend $2 million to build out its space.

https://www.mtxb2b.com/s/blog-view?blog=...obs-with-opening-of-office-in-new-mexico

https://www.instagram.com/p/CTNT4E2PEBe/



The Albuquerque Journal's story about the announcement says that the company is looking at three locations downtown and around the UNM/CNM areas for its offices.

https://www.abqjournal.com/2424743/texas-firms-move-to-bring-highpaying-jobs-to-abq.html

A Texas-based technology consulting firm has selected Albuquerque as its base of operations in the Southwest, and is planning to hire 250 employees in the city with an average salary of more than $100,000.
...

MTX is still looking for an office space in the city. Nobel said the company has narrowed its search to three sites, located mainly in Downtown Albuquerque and near CNM and UNM. The company plans to make a decision on an office space in the next several weeks.

I hope the MTX office will be located in Downtown Albuquerque! Earlier this month LQ Digital previewed its office space that is under construction downtown at the First Plaza Galeria. The 15,000 sq ft space will house its 100 employees that they are in the process of hiring in Albuquerque. The office is expected to open on October 1st.

https://www.bizjournals.com/albuquerque/...ompany-begins-hiring-in-albuquerque.html

https://www.abqjournal.com/2420310/ca-firm-plans-to-open-downtown-office-this-fall.htmlo

https://www.instagram.com/p/CSsHcpSp2Nb/



https://www.krqe.com/always-on/lq-digital-marketing-opening-location-in-albuquerque/

[ABQalex]

Fidelity Investments will be hiring even more people in Albuquerque. The Albuquerque Journal is reporting that the company will add another 240 jobs at its location on Mesa del Sol. That's on top of the 535 jobs added here since April of last year and makes for a total of 775 jobs added by the company in Albuquerque since that time.

https://www.abqjournal.com/2425234/financial-services-firm-to-hire-240-in-abq.html

Fidelity Investments is planning to hire for 240 positions in Albuquerque as part of a massive nationwide recruitment effort.

The company hired 200 people for its Albuquerque office earlier this year, according to company spokeswoman Leean Kravitz.

The new effort is part of a larger hiring push. Fidelity plans to add 9,000 new jobs nationwide, according to a news release from the company.