Albuquerque s Innovation Corridor
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1 Albuquerque s Innovation Corridor
2 NAIOP New Mexico Chapter January 27, 2014 Lunch Presentation Albuquerque s 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 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.
3 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
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5 2013 2,100, , ,775,000 BBER
6 2013 Bernalillo/Valencia/Sandoval/Santa Fe 1,055, , ,500, ,000 Population increase BBER
7 Infrastructure and Human Capital LANL SNL
8 KAFB/AFRL Optics and Photonics
9 SS&TP
10 UNM STC
11 Anchor Institutions-R&D and Healthcare UNM UNMH/HSC
12 Anchor Institutions-Workforce Training
13 Los Alamos * Rio Rancho * * * * * Taos Santa Fe Albuquerque Los Lunas Belen +450, Employed persons Employment Corridor
14 * priceless * * * Cultural Corridor
15 Drivers of Prosperity. Human Capital Infrastructure Quality of Place Innovation Brookings Institute: Metro Blueprint
16 Katz/Judie Woodruff interview about The Metropolitan Revolution - 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.
17 New Mexico s 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 state s 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
18 Innovation Corridor
19 Route 66 Innovation Corridor
20 Rio Grande 5.25 miles Washington Route 66 Innovation Corridor
21 Innovation Corridor
22 Multi-modal
23 BRT
24 Innovation Corridor
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32 Cleveland BRT video - 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.
33 Innovation Corridor Districts
34 Innovation Corridor
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36 Route 66 Little Theater Country Club
37 Vinaigrette Bell Lofts Huning Castle Apartments Southwest Capital Bank Silver Moon Lodge
38 Anasazi Apartments/ Condos 3-D toy manufacturing Casitas De Los Colores New Downtown Grocery Silver Gardens Apartments Alvarado Transportatio Center Downtown
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40 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.
41 Examples of At Grade Pedestrian Connections
42 Old ABQ High Lofts Standard Diner Artichoke Cafe Holy Cow Parq Central I-25 EDO
43 I-25 Vacant Land Sycamore
44 1000 Beds Casas del Rio School of Architecture & Planning Development Opportunity New Mixed Use Frontier Restaurant University
45 First lots platted and water tower built in 1916 by D.K.B. Sellers
46 Carlisle Urban The Place Outfitters Mixed Use Flying Star Satellite Nob Hill Scalos Mariposa Food Co-op Nob Hill
47 Carlisle Washington Art Antiques De Anza Redevelopment Co-working Offices O Niell s Pub East Nob Hill
48 Innovate ABQ
49 Metropolitan Revolution/Animated Video - 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.
50 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 Albuquerque s 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.
51 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
52 Innovate ABQ
53 UNM Innovate ABQ Downtown Innovate ABQ
54 Credit: Paul Mares & Carlos Sabogal WESST VERGE Railyards Credit: UNM Fall Studio 401 Innovate ABQ District
55 Concept Plan-Mixed Use Retail Learning Incubator Residential Innovate ABQ
56 Credit: UNM Fall Studio 401 Innovate ABQ
57 Credit: Paul Mares Credit: UNM Fall Studio 401
58 Credit: Carlos Sabogal Credit: UNM Fall Studio 401
59 Credit: UNM Fall Studio 401
60 Opportunities
61 Land Use Transportation Economic Development Public Sector- UNM/COA/BC/MRCOG/EDA Coordination Cooperation Private/Public Partnership
62 Vacant Land Innovation Corridor
63 Vacant Land Innovation Corridor
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65 Drivers of Prosperity. Human Capital Infrastructure Quality of Place Innovation Entrepreneurs
66 160,000 +JOBS 2024 New Mexico Legislative Jobs Council Final Report
67 95% Private Sector 2024
68 100,000 +JOBS 2024
69
70 Albuquerque s Innovation Corridor
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