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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Posted 15 Nov 16 By: No comments yet

Blaze Pizza ready to fire up Albuquerque

Red-hot Blaze Pizza is heading our way. The country’s fastest-growing restaurant chain expects to open its first Albuquerque location next year in a new retail development near San Pedro and Paseo del Norte,  according to the chain’s local franchisee, Yogesh Patel. Construction on the project is already underway on Holly Avenue, behind Chick-fil-A. One of…

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Posted 28 Oct 16 By: No comments yet

New bakery and new poke restaurant to open at Far North

ALBUQUERQUE, N.M. — The food fest continues at Far North Shopping Center. Just a month after the center at San Mateo and Academy NE welcomed Aura restaurant and its European Mediterranean menu, Ben Perich of Colliers International said there are new leases with two more eateries: Doughboy’s Bake Shoppe and Aloha Poke. Doughboy’s is a…

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