City of Albuquerque Economic Development Department Report
August 17, 2017
Dora Dominguez, Senior Economic Development Manager for the City of Albuquerque's Economic Development Department, is liaison to the North I-25 Business Association.
You can contact Dora at firstname.lastname@example.org or at 768-3268.
• New Mexico Film announced feature film "Highway" produced by TW Films, Ripple World
Pictures, and GCI Film to film in Albuquerque and Moriarty mid-July through early August.
o The production will employ 30 New Mexico crew members, 10 New Mexico
principal actors and approximately 150 New Mexico background talent employees.
• "Albuquerque welcomes 'The Night Shift' back to our city for its fourth season.
o The production will employ approximately 350 New Mexico crew members, 100
New Mexico principal actors and approximately 2,500 New Mexico background
• NM Film Office announced “The Brave” Season on to film in Albuquerque and Santa Fe.
The production will employ 600 New Mexico crew members, 180 resident actors and
stunt players and approximately 4,000 New Mexico background talent.
• Quick Fact: Every eight days of production of a pilot (pilot episode takes about eight days
to shoot) the direct spend in our community is $1M to $1.5M for every pilot shot
• New data – For 2016 the direct spend for film production in the City was $178 million
• Governor Susana Martinez Announced on Monday Flagship Food Group Expanding,creating nearly 200 new Jobs company will invest nearly $3 Million in New Mexico Expansion to be located on Albuquerque’s Westside at. The State will contribute
$550,000 in LEDA funding towards the company expansion to be located at the Meridian Business Park. The Meridian Business Park is an 80 acre development located West
• According to the U.S. Department of Commerce, New Mexico’s economy was the third fastest growing in the country through 2017 so far. New Mexico also recently saw its largest over-the-year private-sector job growth in more than a decade, with nearly 19,000 new jobs since this time last year – in the top ten nationally.
• Raytheon Albuquerque is moving forward with a facility expansion at the Sandia Tech Park that will create 60 new high-tech jobs. The LEDA request was introduced to Council on August 7, 2017 and the City Finance Committee on August 14, 2017 it will go before City Council for approval on Monday.
• City Council passed the adoption of the industry standard fire code on August 7, 2017. Up until this year the City was operating under the 2009 Code the new code adopted is the 2015 International Fire Code.
• Last week saw the unveiling of the new ART Electric buses. The first of the 20 buses were delivered to Albuquerque. The project is now at 65% completion and on track to be completed by December 2017.
• The City partnered with other area tourism groups to support Southwest Airlines ABQ feature piece in August issue. The feature will remain on the Southwest Airlines website feature section for one year.
Downtown & Old Town
• Hotel Chaco is now officially accepting guests. The $40 million hotel is across the street from Heritage Hotel's other project.
• One Central Entertainment District Downtown low leasing space
66 Modern Apartments
44,000 Sq Ft of Commercial Space
20,000 Sq Ft of Patio and Open Space
423 Parking Space
• Reported earlier - $5.7 million project at 5454 Venice Ave. To house Souder, Miller &
Associates and New Life City Church announced they are moving to the new location.
The 38,000-square-foot project cost $5.7 million. The property also has 2.66 acres,
according to its permit.