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  #761  
Old Posted Nov 13, 2020, 2:13 AM
ABQalex ABQalex is offline
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The Environmental Planning Commission has approved plans for the Orion Center. Mayor Keller held a news conference late this afternoon officially announcing the project.

https://www.krqe.com/job-resources/o...r-albuquerque/



https://mobile.twitter.com/MayorKell...33368303726592
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  #762  
Old Posted Nov 14, 2020, 8:01 AM
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It looks like another big project in Southeast Albuquerque is moving forward. Max Q at Kirtland will proceed with its first phase and break ground early next year after completing its lease agreement with the Base. Max Q will be located on KAFB land along Gibson Boulevard that was formerly within the gate. The developer says they have a government tenant lined up already for one of the office buildings. Phase one will include office, retail and hotel. Phase one will cover 20 acres and the overall development is 70 acres. The developer has previously described it as a mix of the ABQ Uptown lifestyle center and Sandia Science & Technology Park.

https://www.bizjournals.com/albuquer...-kirtland.html

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  #763  
Old Posted Nov 15, 2020, 7:28 AM
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The 505 Central Food Hall had its grand opening today. The ribbon cutting and formal ceremony was eliminated because of the current spike in Covid-19 cases. Unfortunately, like with the Sawmill Market earlier this year, the food hall will get a short honeymoon before having to close to in-person service due to the impending lockdown that will begin on Monday in New Mexico. But it's great that it's completed!

https://www.krqe.com/news/albuquerqu...g-of-lockdown/

Video Link


Another story from KRQE about the new string lighting being planned for Old Town Plaza. It should look great!

https://www.krqe.com/news/albuquerqu...-new-lighting/

Video Link
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  #764  
Old Posted Nov 19, 2020, 10:13 PM
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Albuquerque has made it to the final list of 6 candidates to host the U.S. Space Command. The Albuquerque Journal has coverage of the breaking news:

https://www.abqjournal.com/1519547

The final decision will be announced in January. The other final candidate locations are in Texas, Colorado, Nebraska, Alabama and Florida.

The official announcement on the city's website which details our assets and work in the aerospace industry. It also notes what could be a huge double impact of the Orion Center and U.S. Space Command locating here.

https://www.cabq.gov/mayor/news/albu...command-center

This would be excellent and yet another shot in the arm for our economy, military presence and aerospace industry for Albuquerque to land the U.S. Space Command. I have my hopes up! Especially after so many people said Albuquerque wouldn't make it this far.

The Journal yesterday also had a story detailing the portions of the U.S. Space Force that are located at Kirtland Air Force Base.

https://www.abqjournal.com/1519364/k...ecognized.html
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  #765  
Old Posted Nov 23, 2020, 11:08 PM
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More huge economic development news today in Albuquerque. Netflix and the state film office have unveiled plans to expand the Albuquerque Studios site tenfold to over 300 acres. As part of the expansion Netflix has committed to building at least ten new soundstages and supporting infrastructure at Albuquerque Studios. It is also committing to doubling its production output in Albuquerque over the next ten years. It will now commit to a direct spend of $2 billion and creating 2,000 jobs. The construction of the new soundstages and supporting facilities, including commissary, post-production facilities, millworks, expanded backlot, etc. will mean an additional 1,467 construction jobs as well.

https://www.abqjournal.com/1520539/n...on-in-abq.html



The Albuquerque Development Commission is meeting today to review and approve the economic incentives package, which includes $17 million in LEDA funds from the state, $7 million in LEDA funds from the city and a $500 million Industrial Revenue Bond issued by the city. Netflix will lease 130 acres of the new land from the state land office and the rest is private land. The lease of state land will provide $24 million in revenue to the University of New Mexico.

https://www.cabq.gov/mra/albuquerque...endas-archives

Netflix has so far easily met and exceeded its spending and jobs commitments from the first deal. In 2019 it employed over 1,600 people and had $150 million in direct spending in New Mexico. Production of popular shows like Stranger Things have moved to Albuquerque as well.

https://www.bizjournals.com/albuquer...ew-mexico.html
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  #766  
Old Posted Dec 2, 2020, 9:36 PM
bleuler bleuler is offline
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  #767  
Old Posted Dec 3, 2020, 6:15 AM
ABQalex ABQalex is offline
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Quote:
Originally Posted by bleuler View Post
This is great news! Below is a rendering of how the park may look. The story says there will be a water feature and pedestrian bridges built as part of the park's infrastructure, so it should at least have a lake/lagoon with bridges like in the rendering. It's also exciting that the developer says six structures should get underway next year, including office, retail, hotel and residential uses!

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  #768  
Old Posted Dec 3, 2020, 6:22 AM
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The Albuquerque TopGolf location has resumed construction after being sidelined for several months by the pandemic. Below is a new drone video of the construction site posted recently.



The most recent drone videos of the Amazon fulfillment center construction in Albuquerque, including interior shots in the most recent video posted on Monday. More of the tilt-up concrete slab walls are being poured and lifted into place on the main bulk of the structure.







Downtown Albuquerque News recently posted these before and after pics showing the removal of the pedestrian bridge over 4th St. at Alvarado Square.

https://downtownalbuquerquenews.com/





A pic of the foundation slab being poured at Hope Village recently.


https://www.instagram.com/p/CHjQz2hl8fL/

The Albuquerque Journal recently had a story about redevelopment of old and obsolete buildings in Albuquerque. The three projects featured are being turned into apartments.

https://www.abqjournal.com/1518176/rebuilt.html

BLVD 2500 Apartments - 147 units in first phase, formerly the Wyndham Hotel



1020 Central SW - 67 units, formerly the Express Inn motel



1020 Lomas NW - 7 units, formerly an office building



I know of at least one other residential conversion underway near downtown not mentioned in the article:

601 Mountain NW - 8 units

https://posse.cabq.gov/posse/pub/lms...ctId=117463590

https://posse.cabq.gov/posse/pub/lms...ctId=121625421



The Albuquerque Journal on Monday also had a story about retail and the commercial sector in Albuquerque during the pandemic, which is doing better than most places nationwide. It features a pic of the downtown Hilton Garden Inn/Homewood Suites hotel construction, as well as pics of a few other recent commercial construction projects.

https://www.abqjournal.com/1522089/t...-world-of.html

Hilton Garden Inn/Homewood Suites hotel at Central and Broadway SE



Chipotle location at San Mateo and Montgomery NE



Dutch Bros. Coffee location at Coors and Fortuna NW



Blake's Lotaburger location at Coors and St. Joseph's NW

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  #769  
Old Posted Dec 3, 2020, 7:00 AM
ABQalex ABQalex is offline
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Downtown Albuquerque News this yesterday reported about a new supportive housing project that Bernalillo County is planning to build downtown at 6th and Coal. The $8 million project will have 45 units for homeless individuals and families, including veterans. It will be built on the northwest corner of the intersection, where there's currently an empty lot and abandoned home. The county hopes to move the home if they can, but may end up demolishing it and have applied to the city Landmarks and Urban Conservation Commission to do so.

https://downtownalbuquerquenews.com/





The Albuquerque Journal reports that the Tiny Home Village will be having final inspections and will begin accepting residents at the end of December. The project is located in the International District at Tennessee Street and Zuni Road SE. The Albuquerque Indian Center donated the land and its facility is located directly to the east on the opposite corner of the block.

https://www.abqjournal.com/1522450/t...spections.html

Below are progress pictures of the project as of last week from a homeless transitional services group on Facebook.

https://www.facebook.com/story.php?s...13779361972299

















Another upcoming project in this area is Phase II of the Ed Romero Terrace senior apartments, which are just north of the Albuquerque Indian Center and Tiny Homes Village. Phase II will be another 40-unit, 4-story structure, maybe even a twin of the existing apartment building. The new building will most likely be sited on the southern edge of the parking lot that's behind the existing building. Earlier this year the project was awarded a grant of $2.1 million by the federal Department of Housing and Urban Development to go towards the $4 million total project cost. The project should therefore get underway soon.

https://www.abqjournal.com/1421780/g...e-seniors.html

https://www.ehdoc.org/ehdoc-wins-awa...ion-202-funds/



KRQE last night had a story about the Luminaria Senior Community apartments that are scheduled to break ground and begin construction next month. The city is contributing $3.2 million in HUD funds for the project. It will have 92 units for people 55 and over. The project will have a Route 66 theme and will restore and reuse the existing historic sign on the property that once was a mobile home and RV park dating to the mid-20th century. It is located on Central Avenue just east of Eubank Boulevard SE.

https://www.krqe.com/news/albuquerqu...m-riddled-lot/



https://www.dpsdesign.org/what-we-cr...nior-community





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  #770  
Old Posted Dec 4, 2020, 5:52 AM
ABQalex ABQalex is offline
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Today was the deadline for submissions to the First and Silver RFP. The city extended the deadline from the original date in November. This is mostly because the city also amended the RFP to include a possible incentive of a publicly-funded 200-space parking garage for the project. Those who responded to the RFP were able to include the parking structure if they wished in an amended proposal.

https://www.cabq.gov/mra/documents/d...addendum-2.pdf

The city also posted the list of attendees for the site tour on their website. It includes a range of well-known people, architecture firms and developers in the city. Development groups included names such as YES Housing, Pacificap and Zydeco 66. An interesting attendee was a representative from Pulte Group. It will be interesting to see if this national homebuilder ends up as part of a proposal in some way.

https://www.cabq.gov/mra/documents/addendum-1.pdf

The last time we had a national homebuilder involved in Downtown Albuquerque development was before the Great Recession when Beazer Homes took over and finished the Silver Lofts.

A representative from Homewise was also in attendance. Remember that Homewise is going to try to finish the Elements Townhomes and has recently begun the development process with the city, going before the Development Review Board recently for a plat of the two empty parcels into 8 lots each.

http://documents.cabq.gov/planning/d...0-%20Final.pdf

If you also notice in the attendee list, one of the questions asked of the city by attendees was whether townhomes would be looked at favorably as compared to more dense housing types. I wonder if Homewise might be planning to propose more townhomes for this site? However, the city responded that they would prefer more dense housing for this site.

I can't wait to see the proposals. I hope there will be some great projects proposed!

The Rail Yards Northern Entrance Request for Expressions of Interest also recently closed. The city has also posted a list of attendees for this project on its website. It mostly includes architecture firms and those involved in real estate somehow. An interesting attendee here is a representative from the New Mexico United. Other interesting or unique attendees include persons representing retail outfits, art galleries, sports and concerts.

https://www.cabq.gov/mra/documents/addendum-3-1.pdf

I also look forward to what comes from this city initiative. It looks like there may be interesting proposals here as well.
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  #771  
Old Posted Dec 6, 2020, 7:21 AM
ABQalex ABQalex is offline
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The official ribbon cutting ceremony was held yesterday for the Zocalo Lofts project.

https://www.krqe.com/news/business/c...-zocalo-lofts/

Video Link


Below are a few selected pictures of the project from its website. There are many more to be found on the site in the gallery section.

https://www.zocalolofts.com/photogallery









The hotel at 717 Central NW that is planned to be restored and transformed into the Arrive Hotel has been added to the National Register of Historic Places. This will allow the developers to qualify for certain historic preservation tax credits that should help the project get off the ground.

Video Link


Holmes Pizza and Arcade opened yesterday in the Imperial Building downtown. It's only takeout right now but hopefully it will get to open to indoor dining and the arcade soon.

https://www.holmespizzaarcade.com






https://www.instagram.com/p/CIZH5tzFpri/


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

We've had business losses downtown due to the pandemic but I'm glad that we've still been seeing new businesses open as well. It's very heartening and gives hope for the future when all this is behind us and things get back to normal.

A picture of Downtown from Wednesday after the morning snow had melted away with the afternoon sun.


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

Albuquerque Economic Development recently held its quarterly investor's meeting and its new president, Danielle Casey, told the audience that there has been an uptick in business recruitment and expansion in Albuquerque over the last year.

Quote:
Nearly 50 potential recruitment projects are now in the pipeline, including companies involved in professional services, renewable energy, aerospace and information technology, Casey said. In addition, local business expansions are up 22%, creating 875 net new jobs and $30 million in new investment.
https://www.abqjournal.com/1523695/a...ite-virus.html

A nice pic of the skyline taken today at sunset.


https://www.instagram.com/p/CIb1ZTNhpj6/
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  #772  
Old Posted Dec 9, 2020, 7:36 AM
ABQalex ABQalex is offline
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The Albuquerque City Council has approved the LEDA funds and IRB for Netflix's expansion of Albuquerque Studios.

Video Link


The Albuquerque Business First article below outlines the details of the deal and Netflix's commitment. I had first learned of the details in the supporting documents for the ADC meeting late last month. The details of what Netflix is committed to build and how much it might spend on construction and capital improvements to Albuquerque Studios is quite exciting. Possibly as much as $500 million and at least $150 million of capital expenditures on top of the $2 billion in production spending. The 120,000 sq ft office building especially is an exciting detail to find out about.

https://www.bizjournals.com/albuquer...-approval.html

Quote:
In addition to committing another $1 billion in production spending — for a total of $2 billion in New Mexico by 2033 — Netflix plans to invest $500 million over the next 10 years to make improvements at ABQ Studios. The capital expenditures will be in two phases. They include $150 million for already identified projects that will move forward in the next two or three years, according to its project participation agreement with the city of Albuquerque.

Among Netflix's known projects for its expansion is a 120,000-square-foot office building, a 50,000-square-foot special effects warehouse, a post-production facility, 10 sound stages, dedicated space to construct sets and more.
The city has decided to purchase the old Lovelace Hospital site on Gibson for the Gateway Center centralized homeless shelter and service center.

https://www.abqjournal.com/1524738/c...-facility.html

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  #773  
Old Posted Dec 18, 2020, 5:34 AM
ABQalex ABQalex is offline
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Dia de Lobos on Twitter is hinting at more huge projects coming up in Albuquerque. It looks like the projects may involve companies like HP and Google and a huge construction project that will be the biggest of its kind in the world. He says that he may be able to reveal more information after Monday.

https://mobile.twitter.com/DiaDeLobo...89235212656644

https://mobile.twitter.com/DiaDeLobo...88872480915456

https://mobile.twitter.com/DiaDeLobo...88244622991360

https://mobile.twitter.com/DiaDeLobo...09509139464193

If you'll remember, he is the one who first revealed the rendering and details for the Amazon fulfillment center four months before it was even announced publicly. He also knew about the Orion Center when not too many others did.

Below is the latest video update of the Amazon fulfillment center construction in Albuquerque.

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  #774  
Old Posted Dec 19, 2020, 10:50 PM
bleuler bleuler is offline
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Great news! Now if we can house all those newcomers. Housing is waaay too tight/under built
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  #775  
Old Posted Dec 21, 2020, 2:04 PM
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The Albuquerque Journal this morning has a story about the virtual pitch that our leaders will give today for Albuquerque to host the U.S. Space Command.

https://www.abqjournal.com/1528722/p...e-command.html

Quote:
Albuquerque’s pitch will be heard in an online meeting in what could be the make-or-break opportunity to land the new command, said Sherman McCorkle, founder of the Kirtland Partnership, a nonprofit organization that works to preserve and expand Kirtland Air Force Base.

“We’ve already provided detailed written answers to the DOD’s key questions,” McCorkle said last week. “Monday is our opportunity to seal the deal.”
Quote:
The Kirtland Partnership is directly assisting in efforts to highlight the advantages New Mexico can offer the Space Command, which could bring up to 1,400 new jobs to Albuquerque, plus potential for billions in spending and contracts for local companies over time. Those assets include an array of Air Force and space-related entities at Kirtland and other locations around the state, along with major Department of Energy installations.

“Taken together, this is probably the No. 1 national security complex that the U.S. has, period,” McCorkle said. “Other bases have joint operations, but none have the kind of extensive, critical infrastructure, research-and-development capabilities, and test-and-operation centers that are located here.”
Quote:
The city team will also focus on the readily available, highly skilled workforce in New Mexico, Jaramillo said. That accounts for another 20 points in the DOD evaluation.

Nearly 36,000 people are employed in science, computer, math and engineering, or STEM, careers in the state, according to the New Mexico Partnership. The proportion of local workforce employed in science jobs is 1.7 times higher than in the U.S. overall, and employment in engineering specifically is 1.5 times higher.
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  #776  
Old Posted Dec 28, 2020, 12:37 AM
bleuler bleuler is offline
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News from Albuquerque business press
New development in the foothills


https://www.bizjournals.com/albuquer...Pos=5#cxrecs_s
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  #777  
Old Posted Jan 13, 2021, 7:59 AM
ABQalex ABQalex is offline
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It seems a second huge project is being built directly opposite of the Albuquerque Amazon fulfillment center. Late last month the Vimeo account which produces the drone video updates for Project Chico posted a video for a "Project Nico". When I saw this I assumed they misspelled the name of Project Chico. But yesterday they posted two separate videos, one for Project Chico and one for Project Nico. This new Project Nico video shows the land being graded and prepped for some sort of construction. The first video for Project Nico pretty much just showed the raw land north of the existing project. At the time I thought it was a bit odd, but never did I think it could be a new project.

I've looked on the county's building permit site for more information but they've unfortunately changed the search function. It seems not to be available to the general public anymore. It requires you to login and the only way you can create an account is by doing so from an agency website.

https://aca-prod.accela.com/BERNCO/AMCA/Loginm.aspx

It's very frustrating, but I'm super excited that it looks like there will indeed be another huge Amazon project going up in Albuquerque. I can't wait to find out what exactly the new project entails and look forward to seeing its progress! Below are the two Project Nico videos and the latest Project Chico video on Vimeo.







The Amazon Hub project in the Meridian Business Park appears to have been completed recently (or at least part of it), that's according to the building permit information from the city's website.

https://posse.cabq.gov/posse/pub/lms...ctId=113171496

It looks like the long-awaited demolition of the old county jail downtown is going to finally begin next month. The Journal reports that the county commission awarded the $2.4 million demolition contract at tonight's meeting. The site will become a 149-space parking lot for county vehicles. Hopefully it won't stay that way very long and the county will eventually do an RFP for housing or some sort of mixed-use project on the site.

https://www.abqjournal.com/1535513/c...town-jail.html



The Journal also has a story about the effort to increase Albuquerque's yearly funding for affordable housing projects. It is less than it used to be and inadequate for the amount of affordable housing needed and the projects the city is able to help each year. The effort is to increase it to $10 million per year like it used to be. The story features a pic of the recently-completed Nuevo Atrisco apartments.

https://www.abqjournal.com/1535517/p...ing-money.html



A few more pics of the Nuevo Atrisco project from YES Housing's website.

http://www.yeshousing.org/our-properties/new-mexico/







The city's RFP for the Brown Property on north 4th Street has finally been issued after many years of community meetings and formulation. Proposals are due early next month.

https://www.constructionreporter.com...pment-proposed

https://www.cabq.gov/family/documents/final-brown-rfp

The overall guidelines and vision of the RFP is that any project will consist of a multi-story apartment building with ground-floor commercial space in the larger rectangular area of land along 4th Street, with townhome units located in the narrow strip of land to the west.

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  #778  
Old Posted Jan 13, 2021, 8:08 PM
ABQalex ABQalex is offline
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The Albuquerque Journal is reporting that according to Senator Martin Heinrich the Air Force has selected Huntsville, Alabama to host the U.S. Space Command. Senator Heinrich tells the Journal he is unhappy with the decision process recently, which he says seemed rushed to choose a site before President Trump leaves office next week.

https://www.abqjournal.com/1535761/n...e-command.html

Quote:
“I’m utterly disappointed with this process,” Heinrich told the Journal. “I don’t think it (Huntsville) was a logical place to choose for the Space Command. It seems clear to me that this was the least-deliberative Air Force basing decision I’ve been a part of.”
I'm disappointed for Albuquerque but happy that a fellow underdog city won the right to host the Space Command. People in Colorado were acting like no other state had a chance. Huntsville is really on a roll lately and growing like gangbusters. I would've loved to have had the Space Command in Albuquerque to add to our own growing momentum. Oh well, on to the next project!
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  #779  
Old Posted Jan 17, 2021, 8:06 AM
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Albuquerque Business First this past week had a story about the Orion Center. They quote numbers from the local Colliers office that estimate the cost to construct the Orion Center as between $8-10 billion, which is a staggering amount.

https://www.bizjournals.com/albuquer...-in-space.html

I think it's more like $1-2 billion for the buildings and actual construction project. The overall cost of the project (building construction, materials and components for the satellites themselves, worker salaries, etc.) is what I believe is more in the $10 billion range. I was recently searching for more information about the Orion Center and came across a Forbes article which mentions it as one of the 4 biggest infrastructure projects in the world. The Forbes article pegs the project's cost at $13 billion.

https://www.forbes.com/sites/normana...h=6bb15e6eaf3d





Albuquerque has been named as one of the hottest real estate markets in the country, coming in at number 7 out of the 95 largest markets nationally.

https://constructioncoverage.com/res...arkets-of-2020



KRQE reports that the city Landmarks Commission has denied the county's request to possibly demolish the old house at 6th and Coal SW where it wants to build a new 45-unit supportive housing project for homeless veterans and families. The county will now either have to move the house, somehow build around it, or appeal to the City Council to try to overturn the Landmarks Commission's decision.

https://www.krqe.com/news/albuquerqu...ks-commission/



Below are the preliminary renderings of the county's proposed project for the site from the Landmarks Commission's files. The main building will be 3 stories wrapped around the south and east perimeters of the lot, with a secondary building of 4 stories located in the interior of the lot. A courtyard will be in between the two structures.









KRQE this week also had a story about the request for tax abatements and MRA Bonds for the Highlands East project at The Highlands. The ADC met this week to consider the request, which they approved, according to Albuquerque Business First. The KRQE story has an aerial pic showing the SpringHill Suites hotel and Highlands North project. The Highlands North project is nearing completion and should begin accepting residents in phases beginning next month.

https://www.krqe.com/news/business/h...to-next-phase/

https://www.bizjournals.com/albuquer...ommission.html

Below are renderings and layouts for the project from the supporting documents for the request, as well as the aerial pic from KRQE.











Below also are a few pics of the new Marriott SpringHill Suites hotel at The Highlands. It came out pretty nice, the lobby area especially.































https://www.marriott.com/hotels/trav...iversity-area/
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  #780  
Old Posted Jan 20, 2021, 7:21 AM
ABQalex ABQalex is offline
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The latest Project Chico video on Vimeo shows a third project in close vicinity. Perhaps a PNM power substation? Or maybe even yet another Amazon building?



The latest Albuquerque TopGolf video showing a lot of progress since the last video in December.



A pic from a poster on Instagram showing the project lit up at night.


https://www.instagram.com/p/CJ7r0pDlz5W/

Downtown Albuquerque News today reported that the Arrive Hotel project is getting ready to close on bank financing and construction may start soon.

https://downtownalbuquerquenews.com/



Quote:
Arrive Albuquerque, the firm behind the delayed renovation of Hotel Blue (8th and Central), told investors in December that it expects to finalize a key loan during the first quarter of this year, a move that would clear the way to begin construction on the $24 million renovation project.

"We have received a formal bank term sheet and are actively looking to finalize this loan," the statement read.
Downtown Albuquerque News also recently reported that the 2nd Street Landscaping project at the Rail Yards is slated to begin construction this summer. However, neither the Rail Trail portion nor the roundabout will be included in the construction. The roundabout because of the fight with the owner over the land and the Rail Trail because of a need to formalize the agreement for the donated strip of land from the BNSF railroad.

Quote:
Final designs are still being worked out ahead of a projected start to construction this summer, but planners said they would pay special attention to sprucing up the intersection of 2nd and Santa Fe, which neighbors have singled out as a prime method for connecting people to the commercial corridor on 4th as well as the zoo and bosque trail a little over half a mile to the west.

The project would not include a planned trail north toward the Downtown core, though the city is formalizing an agreement with BNSF Railway to set aside a strip of land for that project, Rail Yards project manager Ed Adams said.

The landscaping project will also take into account a future roundabout at the intersection of 1st and 2nd, though the city is still attempting to condemn a triangle of land that it will need to make that happen (DAN, 11/2/20), and there's currently no money for the actual construction.
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