Anyone who drives through the intersection of San Mateo Boulevard and Central Avenue has seen one of Albuquerque’s most iconic office buildings, now in disrepair after years of standing vacant. Reporter Damon Scott has the latest on some tax incentives that might help revitalize the area, but he also had some questions:
- What other projects could get the same incentives?
- What’s the plan for an old office building anyway?
- How is the city going to incentivize revitalization?
Plus, the Balloon Fiesta will have a new name next year.
City places $744K bet on eyesore at troubled intersection
Office building on San Mateo and Central is part of $2.4M in housing incentives before City Council
By Damon Scott
One of the city’s highest profile eyesores is poised to be energized with $744,332 in tax incentives designed to motivate private developers to invest in areas that are underdeveloped. Park Central — a boarded-up 10-story office building on the northeast corner of Central Avenue and San Mateo Boulevard — is one of four housing projects […]
New from City Desk ABQ
New sponsorship has ExxonMobil lending its name to Balloon Fiesta
Deal will last from 2025 to 2029
By Connor Currier
ExxonMobil will get top billing at next year’s Albuquerque International Balloon Fiesta, thanks to a five-year sponsorship deal with the oil and gas giant. The new deal — which includes […]
Keller pitches new moves for Downtown improvements
Tax, governance districts part of reset
By Rodd Cayton
Mayor Tim Keller said Thursday he wants to take another shot at giving the power of Downtown Albuquerque back to Downtown. In a press conference at the Greater Albuquerque Chamber […]
Sponsored Content
UNM Health Care Workers to Receive Raises; One Union Blocks Increases for Membership it Seeks to Represent
Submitted by UNM Health
By Chris Ramirez, UNM Health The University of New Mexico Hospital announced last week wage increases for all of its employees who work at the campus on Lomas Blvd., the […]
What else we’re reading…
NM officials withdraw $1.2 million fine against El Paso Water
House Democrats dig in amid ongoing fight in Congress over compensation for US radiation victims
Politics and elections from The Washington Post in City Desk ABQ
A partnership between WaPo and City Desk to bring you the latest in election coverage
Kamala Harris to propose ban on ‘price gouging’ for food, groceries
Vance, Walz agree to Oct. 1 vice-presidential debate
‘Uncommitted’ delegates are unlikely to get convention speaking role
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