Albuquerques

Innovation
Corridor
 NAIOP
New Mexico Chapter
January 27, 2014
Lunch Presentation
Albuquerques Innovation Corridor: Nob Hill to Old Town-
Future Economic Development/Real Estate Engine?

Sponsors:
Bradbury Stamm-Construction
PNM Resources
Dekker/Perich/Sabatini
REA-Real Estate Advisors
Rosemont Realty
Tierra West, LLC
Wells Fargo

President: Lynne Andersen- 505-345-6976

Note: The original presentation was in Power Point. This PDF
is a significantly smaller file and contains the ideas, data and
You Tube links for ease of viewing.
 NAIOP
New Mexico Chapter
January 27, 2014
Lunch Presentation

Panelists:
Dale R. Dekker, AIA, AICP-Moderator
Dekker/Perich/Sabatini, Ltd.
Paul Silverman-Geltmore
Jim Strozier, AICP-Consensus Planning
David Silverman-Geltmore
Cara Michaliszyn-UNM STC
Bob Turner-Nob Hill Main Street Inc.
Kurt Browning-Titan Development

Closing Remarks:
Gary Oppedahl-Economic Development Director
City of Albuquerque

President: Lynne Andersen- 505-345-6976

 2013
2,100,000

+675,000
2038
2,775,000 BBER
 2013
Bernalillo/Valencia/Sandoval/Santa Fe

1,055,000

+445,000
2038
1,500,000
+389,000
Population increase 1985-2010
BBER
 Infrastructure and Human Capital

LANL SNL
KAFB/AFRL Optics and Photonics
SS&TP
UNM STC
Anchor Institutions-R&D and Healthcare

UNM UNMH/HSC
Anchor Institutions-Workforce Training
 Los Alamos
* Taos

*
Rio Rancho * Santa Fe

*
* Albuquerque

+450,000
* Los Lunas 2013 Employed persons

Employment Corridor
Belen
 *
priceless

*
*
* Cultural Corridor
Drivers of Prosperity.

Human Capital
Infrastructure
Quality of Place
Innovation

Brookings Institute: Metro Blueprint

 Katz/Judie Woodruff interview about The
Metropolitan Revolution -
http://www.youtube.com/v/NcXQMjP93Q8?
version=3&start=0&end=129&autoplay=1&
hl=en_US&rel=0

Note: Cut and paste URL into your internet browser or click on
link in Order to view the You tube in its entirety.
New Mexicos government-financed jobs (direct and indirect) account
for 31.9% of nonfarm payroll jobs.
The national average is 19.2%

Real private-sector jobs in New Mexico is 68.1% of the states labor

market. The smallest private sector percentage in the U.S.
The national average is 80.8%

In order to grow our New Mexico economy to the national average

(without losing federal jobs), we need a total of 1,323,197 jobs or an
additional 514,697 private jobs.

We clearly need more private sector businesses that will employ more
people and a larger population from which to draw the labor resource.

NEW Private sector businesses need to be indigenous, organic and

tied to the community.

Wealth created from these jobs will create the investment capital that
will fund the creation of entrepreneur driven businesses.

The Innovation Corridor can and will do this

Innovation
Corridor
 Route 66

Innovation Corridor
Rio Grande Washington

5.25 miles

Route 66

Innovation Corridor
Innovation Corridor
Multi-modal
BRT
Innovation Corridor
 Cleveland BRT video -
http://www.youtube.com/v/PRIvDvgBjqM?v
ersion=3&start=0&end=199&autoplay=1&h
l=en_US&rel=0

Note: Cut and paste URL into your internet browser or click on
link in Order to view the You tube in its entirety.
Innovation
Corridor
Districts
1.
2. 3.
4.

Innovation Corridor
 Route 66

Little
Theater

Country Club
Vinaigrette

Bell Lofts
Huning Castle
Apartments
Southwest
Capital Bank

Silver Moon Lodge

 Anasazi
Apartments/ New
Condos Downtown
3-D toy Grocery
manufacturing Alvarado
Transportatio
Center
Casitas
De Los Silver Gardens
Colores Apartments

Downtown
Pedestrian Connection West to East

* This was identified as an impediment to connecting

East and West Downtown and an at grade crossing at
the railroad tracks needs to be explored.
Examples of At Grade Pedestrian Connections
 Old
ABQ High
Lofts
I-25
Standard Diner
Artichoke Cafe
Holy
Cow Parq
Central

EDO
I-25

Vacant Land

Sycamore
 1000 Beds
Casas del Rio

School of Development
Architecture & Planning Opportunity

New Frontier Restaurant

Mixed Use

University
First lots platted and water tower built
in 1916 by D.K.B. Sellers
 Carlisle
Urban The Place
Outfitters Mixed Use
Satellite

Flying Star
Nob Hill
Scalos
Mariposa
Food Co-op

Nob Hill
Carlisle

Washington
De Anza
Antiques
Redevelopment
Art

Co-working
Offices ONiells Pub

East Nob Hill

Innovate ABQ
 Metropolitan Revolution/Animated Video -
http://www.youtube.com/v/I6peAaD_avo?version=3&
start=0&end=60&autoplay=1&hl=en_US&rel=0

Note: Cut and paste URL into your internet browser or click on
link in Order to view the You tube in its entirety.
Innovate ABQ is A Highly-Connected
Community, Where People Live, Work, Play

A partnership among the University of New Mexico, the

City of Albuquerque, and the County of Bernalillo

Connecting with the Albuquerques

Entrepreneurial and Established Business
Community through a business incubator, co-working
space, training, mixed-use housing, office and retail, amenities
and transportation.

To create new companies, grow existing

ones and attract more out-of-state business
and individuals who will expand our ecosystem.
Innovate ABQ:
Links technology, research, education, entrepreneurship,
innovation, vibe

With people students, graduates, young professionals,

researchers, professors, attorneys, entrepreneurs,
investors, artists, companies, and other industry experts

In proximity to build synergies and leverage existing

assets

To provide entrepreneurial training and

support at many levels.

To create jobs and opportunities for the

knowledge worker leading to a sustainable
economy
Innovate ABQ
UNM

Innovate ABQ

Downtown

Innovate ABQ
WESST

VERGE

Credit: Paul Mares & Carlos Sabogal

Railyards
Credit: UNM Fall Studio 401 Innovate ABQ
District
Concept Plan-Mixed Use
Retail
Innovate ABQ
Learning
Incubator
Residential
Credit: UNM Fall Studio 401
Innovate ABQ
Credit: Paul Mares
Credit: UNM Fall Studio 401
Credit: Carlos Sabogal
Credit: UNM Fall Studio 401
Credit: UNM Fall Studio 401
Opportunities
Land Use
Transportation
Economic Development

Public Sector- UNM/COA/BC/MRCOG/EDA

Coordination
Cooperation

Private/Public Partnership
Vacant Land

Innovation Corridor
 Vacant Land

Innovation Corridor
Drivers of Prosperity.
Human Capital
Infrastructure
Quality of Place
Innovation
Entrepreneurs
 160,000
+JOBS
2024
New Mexico Legislative Jobs Council Final Report
 95%
Private Sector

2024
100,000
+JOBS
2024
Albuquerques
Innovation
Corridor