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  #761  
Old Posted Nov 13, 2020, 2:13 AM
ABQalex ABQalex is online now
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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
ABQalex ABQalex is online now
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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
ABQalex ABQalex is online now
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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/

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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/

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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
ABQalex ABQalex is online now
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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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