Albuquerque
Work Begins on Albuquerque’s Snow Heights Promenade
Snow Heights Promenade will feature a $45 million Entertainment Lifestyle center consisting of more than 127,000 square feet of retail space connected by an Entertainment Sound Stage placed in the center of the promenade.
ABQ Embraces Live-Work-Play at Lobo Rainforest Building
A $35 million, 160,000-square-foot mixed-use building replaced the old First Baptist Church site and will house students, Innovate ABQ tenants and UNM’s Innovation Academy.
Mt. Taylor Manufacturing to Invest $1M in South Valley Expansion
The New Mexico company will receive $100,000 in funds from the Economic Development Department.
Albuquerque: On the Mend
Despite being the hub of New Mexico’s technology corridor, the metro has only experienced modest population and employment growth throughout the recent economic expansion, Yardi Matrix data shows.
Pattern Energy Acquires 324MW Broadview Wind Facilities
The California investor acquired interest in the two wind projects that comprise the 324-megawatt Broadview Wind power facilities and the associated independent 35-mile 345-kilovolt Western Interconnect transmission line for $215 million in cash and an assumed project loan of $54 million.
Crescent Hotels & Resorts to Run Courtyard by Marriott ABQ
The 150-guestroom hotel is located in the heart of the Journal Center Business Park, close to numerous golf courses, wildlife parks and museums.
PNM Commits to Eliminating Coal Generation by 2031
PNM plans to replace coal-generated power with solar, wind, nuclear and natural gas power, according to its 2017 Integrated Resource Plan draft, which it is required to submit to the New Mexico Public Regulation Commission every three years.