New Family Dollar Store May Go Up in Taos County
A new 8,000 square-foot Family Dollar outlet may soon be built in El Prado, just north of the city of Taos.
The store will be a part of the North Carolina-based chain’s plan to expand its more than 7,000 stores nationally by some 300 new stores in the next year.
Known for a wide variety of inexpensive products, Family Dollar stores often open up in existing spaces, and have proven to be particularly popular in older strip malls where there is more vacant space.
The El Prado store is set to be built sometimes in 2012 near the intersection of Ben Romero Road and US 64 and must still get the approval of the Taos County Planning Commission.
The El Prado Dollar General Store proposal is being viewed by some neighbors as an inappropriate business to be built near the scenic landscape of the Taos Mountain. Detractors have vowed to express their opposition in upcoming public hearings on the matter.
In a public statement, Rick Bellis, county planning director, has said: “We are committed to a fair, transparent and open process for considering any proposed development.”
By Gary Boulard
Colorado’s Historic Broadmoor Hotel to Undergo Renovation
One of the oldest hotels in both Colorado and the West, widely known as the “Grand Dame of the Rockies,” is going to see some renovation work beginning next year.
The Broadmoor Hotel in Colorado Springs has been the subject of some $500 million in ongoing improvements since the late 1990s. Now the renovations will be focused exclusively on the hotel’s Southlake Building.
That building, which was divided into apartment units at the time of the hotel’s opening in 1918, will see the construction of a balcony, as well as a new entry foyer and improved lighting.
The two-story structure, one of the original five buildings at the time of the Broadmoor opening, is located between Broadmoor Main and the South Tower near the Cheyenne Lake.
Work on the Southlake Building will begin in February and is scheduled to be completed by late spring. A cost estimate for the project has not been announced.
By Gary Boulard
New Mexico Gets Hud Money
The US Department of Housing and Urban Development has awarded $5.5 million to New Mexico in order to fund public housing repairs and renovations.
The award is part of a larger $1.8 billion that HUD has awarded nationally for public housing large-scale improvements. The award was announced by HUD Secretary Shaun Donovan who said that with the money funding “We are closer to helping housing authorities and our private sector partners undertake their capital needs over the long haul.”
The largest chunk of the New Mexico award is going to the City of Albuquerque’s Housing Division, which received just over $1 million. Also on the list is the Santa Fe Civic Housing Authority, which was earmarked for $730,000; the Housing Authority of the City of Las Vegas at $414,000; and the Housing Authority of the City of Las Cruces at $281,000.
The grants, designed to target such things as energy-efficiency upgrades and new roofing, come specifically from HUD’s Capital Fund Program.
A report issued by HUD in 2011 indicated that the price tag for the repair and renovation of the nation’s current public housing stock is an estimated $25.6 billion.
By Gary Boulard
University of New Mexico Approves New Baseball Field
The University of New Mexico’s Board of Regents has given its ok to a plan to build a new $3 million baseball field that will go up on the current Lobo Field south of The Pitt.
A $2 million severance tax bond allocated two years ago by the New Mexico legislature was approved by the board members for the renovation of the Lobo Field.
The first phase of the baseball field renovation will see the replacement of the dugouts, stadium seats and bull pens as well as the laying of new turf.
The Lobo Baseball team has raised some $3.3 million for the project. Eventual work will also see the building of new locker rooms, concession stands and batting cages, with an estimated cost of $12 million.
The Lobos currently play at the Isotopes Park.
Work on phase one of the project is expected to begin later this spring.
By Gary Boulard
Renovation of Historic Property in El Paso in the Making
The famous Kress Building in El Paso may soon be one more historic structure slated for renovation in the overall revival of the city’s downtown.
Members of the city’s Economic Development and Tourism Legislative Review Committee have voted to put the building into receivership, which would allow the City of El Paso to take control—but not ownership–of the structure for preservation purposes.
Built in 1937, the Kress Building is known for its Native American architecture and Mayan motifs, with a bell tower anchoring the corner of North Mesa and Mills Avenue. In 1980 the Kress chain sold out to the McCrory Stores Corporation, which ran it until 1992.
In recent years the structure has been mostly empty, worrying city leaders that it may be falling into a state of disrepair. The receivership will allow the city to address any renovation needs the building may have.
William Abraham, the owner of the structure, has indicated that he is going to fight the receivership process.
By Gary Boulard
Pinal County Studying Large Development Proposal
A plan to develop some 275 square miles of land between the eastern edge of Phoenix and Tucson is still under review by a variety of public agencies in Arizona.
Members of the Pinal County Board of Supervisors have voted to send back plans for Superstition Vistas, which will also include 175,000 acres of development, to the county’s Planning and Zoning Commission for further review.
The project calls for developing acreage currently owned by the Arizona State Land Department, and includes specific plans for the construction of single-family homes, roads, a commuter rail system and bike paths.
Superstition Vistas will be developed around the idea of sustainability, with large tracks of the desert landscape left untouched and homes built on small lots. Both proponents and opponents of the development say it could be the home to more than 1 million people by the middle of the century.
Local officials must now decide what level of population density for the development is acceptable and whether or not to amend the comprehensive plan for the project.
The Planning and Zoning Commission is tasked with addressing both the density issue and water availability for the project, before turning it back over to the Board of Supervisors for further consideration.
By Gary Boulard
New Phoenix Veterans Residence Nearing Construction
By Gary Boulard
A $12 million residential development geared specifically for veterans is set to go up in Phoenix, with construction scheduled to begin early next year.
The Madison Pointe Apartment House project will feature 60 apartment homes and will be open in the fall of 2012.
The apartment homes will vary in seizes from one to three bedrooms, and will include kitchens, bathrooms, and either a private balcony or patio.
The residential complex will include a fitness center, carports, club house and computer center, all in a gated community environment.
Financing for the project has been arranged by the Bank of America, as well as the Arizona Department of Housing and the City of Phoenix.
The project will go up at 4134 North 9th Street, close to the federal Department of Veteran Affairs and the Carl T. Hayden VA Medical Center.
New Casino Targeted for New Mexico Sate Fairgrounds
A $30 million casino may be going up at the site of the New Mexico State Fair Grounds.
The Laguna Development Company has submitted a proposal to build a 30,000 square foot structure that would also include improvements to the fairgrounds race track and a new restaurant.
The LDC is the development entity for the Laguna Pueblo and wants to secure a 25-year commitment to lease more than 90 acres currently used by the racetrack. Proponents of the casino say it would generate at least $2 million annually.
Both the State Fair Board and an evaluation committee appointed by Governor Susana Martinez are evaluating the LDC proposal.
“We don’t know where things stand right now,” says Skip Sayer, director of development for LDC. “We’re just waiting to learn the response to our proposal.”
By Gary Boulard




