Albuquerque ABQ: Mayor Tim Keller Unveils Plans for Downtown Revitalization Project

Albuquerque Mayor Unveils Ambitious Downtown Revitalization PlanAlbuquerque Mayor Unveils Ambitious Downtown Revitalization Plan Albuquerque Mayor Tim Keller has unveiled a comprehensive plan to revitalize the city’s downtown area, aiming to attract new businesses, residents, and visitors. The “ABQ: Downtown Rising” project is set to transform the city center into a vibrant and thriving hub. Key Features of the Plan: * Albuquerque Rail Trail: A 5-mile bike and pedestrian trail connecting the University of New Mexico to the Old Town neighborhood. * Downtown Gateway Plaza: A welcoming and iconic public space at the intersection of Central and First Streets. * New Residential and Commercial Development: A mix of affordable housing, apartments, and retail stores to create a 24/7 urban environment. * Rio Grande Park: Expansion of the park along the river with improved amenities like walking paths, picnic areas, and boat launches. * Albuquerque Convention Center Expansion: A new addition to the convention center, expanding its capacity and attracting more events. Economic Impact: The plan is estimated to create over 3,000 new jobs and generate $1 billion in economic development over the next decade. It aims to attract tech companies, startups, and retailers, creating a diversified and sustainable economy. Community Enhancements: Beyond economic benefits, the plan focuses on improving the quality of life for residents. It includes measures to enhance safety, accessibility, and inclusivity. New green spaces and pedestrian-friendly streetscapes aim to foster a sense of community and well-being. Next Steps: The city is currently seeking funding and approvals for the project. Mayor Keller has committed to engaging with stakeholders and residents throughout the planning and implementation process. Construction is expected to begin in phases over the next several years. Reaction from Stakeholders: The plan has been met with enthusiasm from local businesses, residents, and civic organizations. The Downtown Action Team, a coalition of business and community leaders, praised the vision and collaboration behind the project. “This ambitious plan has the potential to transform our downtown into a place where people want to live, work, and play,” said Laura Flynn, President of the Downtown Action Team. “It will create a vibrant and economically thriving destination for all.” The “ABQ: Downtown Rising” project marks a significant step towards revitalizing Albuquerque’s city center and creating a vibrant and sustainable future for the city.