New Developments Coming to Downtown ABQ
November 6, 2015
Albuquerque - In recent years the City of Albuquerque’s Convention Center and Civic Plaza have undergone multiple renovations to reinvigorate Albuquerque’s downtown corridor. Today, Mayor Richard J. Berry was joined by multiple groups in support of his plan to turn downtown into a centralized place for both locals and visitors to gather.
The multi-faceted plan focuses on building, renovating, and reimagining many areas of downtown Albuquerque. Mayor Berry intends on expanding upon the renovation done to the Convention Center, reconstructing an element on Civic Plaza, and growing Albuquerque’s burgeoning Entertainment District.
- East Convention Center Renovation ($5.0 million): Improving the Exhibit Hall in the East Building to accommodate pavilion-style seating for up to 10,000 spectators. Through this purchase and construction, the Convention Center will be able to host local, regional, and national events in the heart of our City.
- Civic Plaza ($2.0 million): As an extension of the Convention Center, Civic Plaza will also receive an upgrade. Proposed plans would replace the fountain with an interactive, family friendly, modern and sustainable water element along with improvements to the surrounding area for shade, access and activities. The goal is to make Civic Plaza more inviting and accessible, attract more visitors, and generally improve people’s experience with the public space.
- Entertainment District ($15.5 million): This past August, the City awarded an RFP to a developer to construct a mixed use entertainment hub at the intersection of First Street and Central Avenue. The new facility will have several amenities including a 10 lane upscale bowling lounge, several food and beverage locations ranging from coffee shops, local brewery taprooms to casual eateries, and various types of retail stores. This will include a proposed 400 space parking structure.
- Downtown Parking ($1.0 million): With the increase of people flocking to downtown, the need for parking also increases. This part of the plan looks at improving and modernizing downtown parking facilities including garages, lots, and on-street spaces.
The proposed redevelopment is intended to bring energy and vitality to the downtown area which will then have the area act as a catalyst for economic development.
The funds to pay for this plan would come from the local Lodger’s Tax. The total cost of the project would add up to an estimated $23.5 million. Expected completion dates vary per project but all of them are expected to be complete by Fall of 2017.