Posted inAlbuquerque, Downtown, Housing & Homelessness, Jobs, Workers & Economy

Downtown’s Wells Fargo tower could see apartment conversions

The Middle Rio Grande Housing Collaborative (MRGHC) recently released a list of projects it thinks are primed and ready to help increase the availability of affordable housing in the Albuquerque metro area. One of the more intriguing prospects on the list is an office-to-apartment conversion at the Wells Fargo Bank building Downtown. The 17-story office […]

Posted inJobs, Workers & Economy, rio-rancho, sandoval-county

Sandoval County Amends Lease Agreement with Intel to Boost Economic Growth

Sandoval County Commissioners on Sept. 11 finalized an agreement that will allow continued multibillion-dollar investments in Intel’s Rio Rancho facility and local economic development through 2030. An initial amendment to a long-standing Industrial Revenue Bond agreement with Intel was approved at the Aug. 14 meeting. Afterward, it was sent to the county and Intel to […]

Posted inJobs, Workers & Economy, rio-rancho, sandoval-county

Commission Extends Intel Bond Agreement for $1 Billion

Sandoval County Commissioners voted at the Aug. 14 meeting to amend an Industrial Revenue Bond (IRB) agreement with Intel, aiming to support the ongoing upgrades at the company’s Rio Rancho facility. The commission approved the resolution to finalize the agreement before the current one expires in October. The amendment, which is the second requested by […]