Community Reports

City of Albuquerque Economic Development Department Report

November 14, 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 ddominguez@cabq.gov or at 768-3268.

 

 

 

Film

 

There are currently five major productions taking place in the City including "Tremors," produced by Universal Cable Productions starring Kevin Bacon, "Tremors" will employ approximately 230 New Mexico crew members and approximately 300 New Mexico background talent. Tremors will take fans of the acclaimed 1990 film back to Perfection, Nevada (except we know it’s really Albuquerque, NM)

Place are already underway to commemorate the 10th Anniversary of the first episode airing of Breaking Bad. Yes, the first episode aired on June 20, 2008. The event will be commemorated June 20, 2018 at the Kimo Theatre.

On a related note Better Call Saul has opened its office in Albuquerque to begin shooting for its next season.

 

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

 

 

 

News

 

The Center for Digital Government announced last week that Albuquerque as the second most digital city in the nation.  The survey of the top tech cities across the country has Albuquerque close to the top. It cites how the city offers numerous online and mobile services to residents, businesses and visitors through its websites and mobile applications. That includes a new app that allows for online permitting, licensing and business registrations. It also points out its partnership with the University of New Mexico through Innovate ABQ. Created in 1999 The Center for Digital Government is a national research and advisory institute on information technology policies and best practices in state and local government. Category 500,000 or more population category:

 

1st City of Los Angeles, CA

2nd City of Albuquerque, NM

3rd City of San Diego, CA

 

 

 

 

Albuquerque was News announced earlier this year from Governor’s office is New Mexico as a national leader in economic growth. According to the U.S. Department of Commerce, New Mexico's economy was the third-fastest growing in the country through the first quarter of 2017.

Facebook will double its investment in New Mexico - bringing their total commitment to New Mexico to half a billion dollars.

Facebook to include ABQ in campaign for small business growth. Facebook is aiming to help small businesses improve “digital skills” in Albuquerque and several other cities around the country. The new program called Facebook Community Boost is designed to help small businesses in the US.

APS announced on October 11, 2017 that it will receive $7.8M grant for STEM education. The funds will be used to improve science, technology, engineering and math (STEM) education. APS says that money will be used specifically for Mission Avenue Elementary School, Garfield Middle School and Valley High School to transition into engineering magnet schools.

Albuquerque Anchor Institutions will host a Local Food Procurement Fair on Monday, November 20, 2017 from 10 a.m. to 1 p.m. on all things food procurement – large and small contracting opportunities. Anchor institutions scheduled to present include; CNM Culinary Arts Program, UNM-HSC, APS and City of Albuquerque.

ART officials have said that ART is approximately 90% complete

 

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

 

Location Highlights:

66 Modern Apartments

44,000 Sq Ft of Commercial Space

20,000 Sq Ft of Patio and Open Space

423 Parking Space

 

City News

 

 

City Runoff Election is scheduled for today, November 14. The general election was held on     October 3 saw the defeat of the “paid time off ordinance” or “sick leave ordinance.” Ordinance     was defeated by a margin of 700 plus votes.