New Mexico Business Weekly – 5:25 PM MDT Wednesday Online travel site Orbitz has named Albuquerque as one of the top five future tourist destination hot spots. Albuquerque made the list along with Reykjavik, Iceland; New Orleans; Cape Town, South Africa; and Shanghai, China. However, it did miss Orbitz’s list of top five domestic and […]
HOLLYWOOD COMES TO ALBUQUERQUE
The Albuquerque Tribune By Erik SiemersTribune ReporterJuly 24, 2006 A Hollywood studio unveiled plans this morning to build a 50-acre film production campus at Mesa del Sol that could employ up to 2,000 people. Culver Studios of Culver City, Calif., began work last week on what they’re calling Albuquerque Studios: a full-service site for film, […]
Lofts in Albuquerque’s first skyscraper to cost half-million — minimum
PMBy: Todd Dukart In a city where the average home sells for about $190,000, the cheapest loft in Albuquerque’s oldest skyscraper will cost more than $500,000. Crews are finishing the Banque Lofts inside the old First National Bank building, which was built in 1922. The 27 luxury lofts come with a doorman, valet parking and […]
Westland reaches deal for $250M
By Associated PressJuly 21, 2006 Posted 1:10 p.m. The Westland Development Corp. board of directors has accepted a California development company’s offer to buy 55,000 acres of Westland property on the West Side for more than $250 million. The deal, which is subject to approval by Westland shareholders, involves land given to Spanish settlers in […]
County housing prices up, market steady
Wednesday, July 19, 2006 Clara Garcia News-Bulletin Staff Writer; cgarcia@news-bulletin.com Looking for a home in Valencia County? You’ll probably be paying more than $100,000. According to the Southwest Multiple Listing Service (MLS), there were 748 homes sold in Valencia County in 2005 at an average sale price of $154,880. In 2004, 655 homes sold at […]
Eminent Domain Limited in Rio Rancho
Eminent Domain Limited in Rio Rancho The Rio Rancho City Council recently voted to pass restrictions against seizing residential homes or commercial businesses for redevelopment. The city has used eminent domain to seize property at least twice in the last two years and attempted a third time in February 2006, but failed after meeting strong […]
GOOD NEWS FOR SCHOOLS!
Good News for New Mexico Schools New Mexico has received more than $12 million from the US Education Department to increase the number of charter schools in the state, the Associated Press reports. The funds will be made available over the next three years to plan, design, and create the new charter schools. State Public […]
ALBUQUERQUE SHAKING OUT AS NEW BOOMTOWN
By Amy Wolff Sorter WWW.GLOBEST.COM Tonjes ALBUQERQUE- With its state motto being “the Land of Enchantment,” New Mexico conjures up images of sprawling vistas and colorful buttes with a river thrown in here and there. What it might not conjure up, however, is a growing population with a booming residential and commercial development in its […]
The New Rail Runner!
Rail Runner to begin abbreviated route Last Update: 06/28/2006 10:13:00 AMBy: Reed Upton The Middle Rio Grande’s commuter rail line is within weeks of beginning service, but it will have fewer stops than it will when full service begins. On July 14th the Rail Runner will begin offering service from downtown Albuquerque to Bernalillo with […]
HOTEL RATES WILL BE GREAT!
Report says Albuquerque hotels a bargain this summer New Mexico Business Weekly – 2:18 PM MDT Wednesday Albuquerque will have some of the lowest hotel rates in the nation this summer, according to a report by PKF Hospitality Research. The average room rate in Albuquerque will be about $67.95, according to the summer edition of […]