Posts by Laureen Lerch

Posted 18 Oct 17 By: No comments yet

UPDATE: Buffalo Wild Wings’ taco co. to make New Mexico debut

“R Taco’s market entry into NM validates the fact that fast-casuals remain a strong segment of the retail & restaurant market. Having worked with R Taco in identifying sites for their launch, it is evident that while many primary markets nationwide are beginning to see saturation, there is still opportunity in the NM food scene, …

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Posted 25 Sep 17 By: No comments yet

Old El Vado Motel gets new Ponderosa taproom

ALBUQUERQUE, N.M. — The El Vado Motel and Casa Grande properties are trading in the chain link fence for a wall of beer taps. Construction is coming along at the site of the former El Vado Motel on Central, across from the ABQ BioPark, and the new El Vado Taproom is scheduled to open “in…

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Posted 22 Jun 17 By: No comments yet

How Amazon-Whole Foods sale could impact NM’s grocery stores

News broke Friday that Amazon (Nasdaq: AMZN) has agreed to pay $42 per share in cash for Whole Foods (Nasdaq: WFM), or about $13.7 billion. Though Albuquerque grocers said it may be too soon to tell if the move means more or less customers for Whole Foods, they said they remain optimistic that the impact won’t…

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Posted 11 May 17 By: No comments yet

Construction moves forward on El Vado, Casa Grande sites

ALBUQUERQUE, N.M. — Construction is moving forward on the long-awaited restoration of the El Vado Motel as well as redevelopment of the former Casa Grande site. Crews have been active for several months on both work sites, reports Rick Davis, an Albuquerque residential and commercial builder and executive director of Family Housing Development Corp., a…

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Posted 01 May 17 By: No comments yet

Pricey condos top off Uptown mixed use project

ALBUQUERQUE, N.M. — The team behind The 24s@Uptown hope the mixed-use project, where several luxury condominiums and office spaces are for sale, will launch a wave of redevelopment in the area. The investors have updated the entire fourth floor, where six residences are selling in the $470,000 to $830,000 price range. Four have been purchased…

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City’s ABQ land sale aims to spark redevelopment

ALBUQUERQUE, N.M. — Mayor Richard J. Berry said Thursday he hopes to spark redevelopment in  Southwest Albuquerque by offering 6.6 acres of city-owned land to developers, perhaps for retail uses. The city hopes to transform a swath of vacant land on the northwest corner of Unser Boulevard and Central through a sale or a long-term…

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Posted 03 Apr 17 By: No comments yet

Las Estancias benefits long-underserved area

ALBUQUERQUE, N.M. — Las Estancias, the massive mixed-used commercial development in the South Valley, is expecting to welcome more newcomers this year. Once considered an underserved trade area in need of retail, medical, entertainment, banks and other business services, Las Estancias so far has generated 150,000 square feet of new construction at the site near…

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Posted 10 Mar 17 By: No comments yet

Las Estancias attracts medical clinics

ALBUQUERQUE, N.M. — For many South Valley consumers, visiting the doctor’s office, knocking out grocery lists and making a Starbucks run can now be done in nearly one fell swoop. Las Estancias, the $70 million retail development near heavily trafficked Rio Bravo and Coors boulevards, includes not only a Walmart, restaurants and other retailers, but…

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Posted 02 Mar 17 By: No comments yet

Shelly Branscom advances to Director

We all plan, create and implement our careers and over a life-time, we are able to see those careers blossom into feats of accomplishment and pride.  Occasionally, some of us are afforded opportunities to have two, or more, really great careers.  Shelly Branscom is one of the individuals who has been blessed with this occurrence in her…

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Posted 29 Dec 16 By: No comments yet

Clayton King promoted to Senior Director

When you follow your own road and believe in yourself, you can accomplish great things. This isn’t the only path to victory; however, it is a tried and true, tested and affirmed means to success. As we stand at the door of a new year, we need to pause for a moment to congratulate one…

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