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  #581  
Old Posted Aug 30, 2018, 3:42 PM
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One Central ready to roll

By Steve Sinovic
Albuquerque Journal Staff Writer
[IMG]One Central Complete by mgs11, on Flickr[/IMG]

ALBUQUERQUE, N.M. — The first residents will be moving in this weekend at One Central, the Downtown mixed-use project that broke ground over a year ago.

Nearly one-fourth of the 68 apartments have been leased, said David Stroud, One Central’s director of operations and marketing. With a ribbon cutting slated for today,construction workers were busy Wednesday with myriad tasks: installing lighting, vacuuming construction dust and making the apartments ship-shape for the new tenants.

Studio apartments, which feature floor to ceiling windows, are the most popular units so far, said Stroud, especially ones with views of the Sandia Mountains and the train tracks of the Alvarado Transportation Center across the street. The tenants are a good mix, and include UNM professors, hospital workers and young professionals working Downtown. The building comes with a fitness center, gaming space and media room.
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  #582  
Old Posted Aug 31, 2018, 3:12 PM
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Albuquerque cuts ties with Rail Yards' developer
By: Rebecca Atkins
KRQE News 13
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It's been more than a decade since the city bought the historic Rail Yards, but after years of delays and no movement from the developer, the city is now cutting ties and moving forward on their own.

"I've seen it deteriorate. Seen more and more crime, more and more destruction of the buildings," said Ron Romero with the Barelas neighborhood.

People have wondered if the Rail Yards would ever become the attraction the city has always hoped it would be, including shopping, cafes, an amphitheater, and even housing.

"Almost every mayor has tried to do something with the Rail Yards and every mayor has made a little bit of progress," said Mayor Tim Keller.
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  #583  
Old Posted Oct 4, 2018, 6:36 PM
DesertRay DesertRay is offline
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Looks like Albuquerque is trying to up their shipping container game.


https://www.abqjournal.com/1228811/g...w-project.html

Green Jeans developer launching new project
By Steve Sinovic / Journal Staff Writer
Wednesday, October 3rd, 2018 at 2:20pm

ALBUQUERQUE, N.M. — The guy behind the Green Jeans Farmery, the innovative shipping-container development near Carlisle NE and Interstate 40, is on to his next commercial project, which he describes as a future destination spot featuring noteworthy players from the town’s restaurant and brewing community.

Citing nearby businesses and residential communities as the potential customer base, Green Jeans owner Roy Solomon recently purchased five acres at Alameda and San Pedro for a development that will have a strong food focus. Already committed to the project is restaurateur Erin Wade of Vinaigrette and Modern General fame, who will set up shop with a “new concept” at the site, as well as restaurateurs expanding to second stores beyond their current Green Jeans location. Opened nearly four years ago, Green Jeans is a multiple-option destination of eateries, confectioneries, adult drinkeries, shops, plazas and places to hang out, said Solomon.

He said he’ll subdivide the Alameda project into four parcels. One is earmarked for Wade to open a standalone eatery and another will house a Stone Age climbing gym.

Smack in the middle will be Solomon’s baby called Tin Can Alley, anchored by Santa Fe Brewing Co., which also has a location at Green Jeans.

With suds in hand from Santa Fe Brewing, customers can then purchase grub from eight to 12 purveyors Solomon expects to recruit for an indoor food market, which he said will be about 11,000 square feet in size. There, they can dine at communal tables inside, on several patios or on Tin Can Alley’s rooftop, another 8,000 square feet, which will be handicap accessible. Some of the construction materials also will feature recycled shipping containers.

Tenants coming to Tin Can Alley include Green Jeans alums Amore Pizzeria, Rustic on the Green Burgers and Nitro Creamery, according to Solomon. Also doing business at the food emporium will be a Vietnamese-style eatery called Pho Cup, Guava Tree Cafe and “something incredibly cool which I can’t announce yet,” Solomon added.

“We’ll have double the amount of parking than we did at Green Jeans,” said Solomon, referring to 330 parking spots projected for the site.

He said all the food-oriented spots should prove popular with the lunch crowd near the Alameda corridor, folks grabbing food on the way home to the West Side or neighbors wanting to hang out on the weekends. Other than fast-food joints, there’s very little in the way of “quality” food providers in the area or recreation-oriented outfits like the climbing gym, said Solomon.

Solomon, who said Tin Can Alley still is in the conceptual phase, was unable to estimate final construction costs.

A ground breaking at the site is scheduled for Oct. 22, when more details about development partners, tenants and the build-outs will be announced.
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  #584  
Old Posted Oct 4, 2018, 9:15 PM
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I'm not a huge fan of shipping container developments, but it sure beats looking at a dirt lot.
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  #585  
Old Posted Oct 5, 2018, 12:04 PM
DesertRay DesertRay is offline
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Moving dirt

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Originally Posted by mgs11 View Post
I'm not a huge fan of shipping container developments, but it sure beats looking at a dirt lot.
Agreed. I'm happy to see construction in Albuquerque, regardless.

Have you walked around UNM's downtown Innovate buildings? I see that they are hiring folks to activate the facilities.
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  #586  
Old Posted Oct 5, 2018, 4:24 PM
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I haven't to been to the Innovate Abq campus in several weeks. Hopefully we'll see more progress very soon.
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  #587  
Old Posted Oct 9, 2018, 7:10 PM
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Netflix buying Albuquerque Studios

By Adrian Gomez
Albuquerque Journal Arts and Entertainment Editor

Netflix is making Albuquerque its home away from home.

The entertainment giant is in negotiations to purchase Albuquerque Studios and will make it the streaming giant’s principal production hub in the United States.

Albuquerque Studios has been for sale for a few years. Officials did not release details about the sale price of the studio.

The state is contributing $10 million of Local Economic Development Act funds. Albuquerque is contributing $4.5 million of LEDA funds. Because the city is acting as fiscal agent for the LEDA funds, the project will be sent to the City Council for approval.

Albuquerque Studios includes nine sound stages, production offices and a backlot.
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  #588  
Old Posted Oct 16, 2018, 3:36 PM
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Developers seek $26.4M in bonds for hotel

By Marie C. Baca
Albuquerque Journal Staff Writer

ALBUQUERQUE, N.M. — Two local real estate developers are requesting a total of $26.4 million in metropolitan redevelopment bonds from the city to build a Marriott Springhill Suites near Presbyterian Hospital near Downtown.

The proposal by Titan Development and Maestas Development Group, applying under the name Urban Hospitality NM, will come before the Albuquerque Development Commission on Thursday. Final approval by the City Council is required before the deal is executed.

The bonds are a mechanism for providing a property tax abatement to developers working in distressed neighborhoods. In this case, the abatement totals about $3.2 million over a seven-year period, according to city filings. The developers estimate the project will create 123 full-time construction jobs for one year and between 50 and 58 full-time jobs once the hotel is complete.
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  #589  
Old Posted Oct 16, 2018, 3:48 PM
DesertRay DesertRay is offline
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Nice!

Quote:
Originally Posted by mgs11 View Post
Netflix buying Albuquerque Studios

By Adrian Gomez
Albuquerque Journal Arts and Entertainment Editor

Netflix is making Albuquerque its home away from home.

The entertainment giant is in negotiations to purchase Albuquerque Studios and will make it the streaming giant’s principal production hub in the United States.

Albuquerque Studios has been for sale for a few years. Officials did not release details about the sale price of the studio.

The state is contributing $10 million of Local Economic Development Act funds. Albuquerque is contributing $4.5 million of LEDA funds. Because the city is acting as fiscal agent for the LEDA funds, the project will be sent to the City Council for approval.

Albuquerque Studios includes nine sound stages, production offices and a backlot.
I saw this story yesterday. I'm really hopeful that Netflix is able to build this out. Hopefully, this might be the catalyst that pushes Mesa Del Sol to be built out. It's time for Albuquerque to get out of the doldrums.
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  #590  
Old Posted Oct 23, 2018, 8:16 PM
Obadno Obadno is offline
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Good Job ABQ.

I really hope to see New Mexico get some of the growth of its neighbors. Literally all of its bordering states are growing rappidly.
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  #591  
Old Posted Oct 30, 2018, 2:55 PM
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City again seeks ideas to develop Downtown site

By ABQJournal News Staff

ALBUQUERQUE, N.M. — The City of Albuquerque’s Metropolitan Redevelopment Agency has issued a request for proposals for development of a mixed-use project Downtown.

The site being offered in the RFP by Mayor Tim Keller’s administration is a 2-acre parking lot at 400 Fourth St. NW near Civic Plaza.

Former Mayor Richard J. Berry had offered the same site as part of a competition to transform the city’s skyline with the tallest building in the state. But the Albuquerque Development Commission rejected the two proposals submitted under that effort.

The new effort calls for a project that will be “a point of place-making, bringing together residents and tourists to add to the current excitement and energy in Downtown Albuquerque.” According to the RFP, it must offer some kind of public amenity such as a park or gathering space, recreational facility, performance space or museum.


City of Albuquerque
Civic North Project
Request for Proposals
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