The city this past week announced a program to issue grants to business owners who open or expand businesses and revive empty storefronts in Downtown Albuquerque. The program uses funds from the federal economic recovery programs. There's $500,000 in funding available, and businesses are eligible for up to $30,000 each.
https://www.bizjournals.com/albuquer...usinesses.html
Quote:
Nearly $3 million has been set aside as the city of Albuquerque explores ways to boost revitalization efforts in the Downtown area.
About $500,000 in American Rescue Plant Act grant money is available for businesses that occupy vacant, street-level property. The grants can also apply to businesses that expand upon a Downtown storefront footprint by at least 50% and for those that can demonstrate their business will attract customers between 5 p.m. and 10 p.m. at least four days a week.
Requirements state that a business must have fewer than 250 employees and execute a lease or lease amendment after Oct. 1 with a two-year term for eligible storefronts.
Businesses can receive up to $30,000 in grant money, the city said. The money can be used for furniture and equipment, employee recruiting, rent and utilities and other relevant business expenses.
Albuquerque has also set aside about $2.2 million to provide “gap financing” to support a residential project that meets the goals and objectives of either the Downtown or Railroad Redevelopment Areas.
Those who apply for project funding can propose new projects, as well as the revitalization or repurposing of existing buildings.
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Here's a map with an outline of the area the city is defining as being downtown and eligible for the grants. It's from the New Mexico Main Street organization on Twitter.
https://mobile.twitter.com/NMMainStr...63754903883779
As stated in the Albuquerque Business First article above, and as part of this same federal funding, the city is offering $2.2 million in help for a residential project within the Downtown and Railroad Metropolitan Redevelopment Areas. The city on Thursday issued a request for proposals for this endeavor. Respondents can propose a project involving new construction or utilizing an existing structure such as an outdated office building. The deadline for proposals is December 10th.
https://www.cabq.gov/mra/request-for-proposals
https://www.cabq.gov/mra/documents/d...09-23-2021.pdf
Here's a couple of nice recent pics of Downtown Albuquerque. The first is an aerial pic posted yesterday on Instagram by Shirley Aerial, a local drone photography company. The second is a nice night-time pic that VisitABQ reposted this past week on its Instagram account.
https://www.instagram.com/p/CUPxyApLsNL/
https://www.instagram.com/p/CUEJIVctmbZ/
The VisitABQ pic was originally posted on Instagram by another user on September 1st as part of a full panorama in multiple sections. I've spliced the pics together for the full panorama. Below is the link to his original post. Check out his entire Instagram, it has awesome drone pics of other cities!
https://www.instagram.com/p/CTTqOTur8iE/
Also be sure to click the link below the preview pic below for the full-size panorama. It's quite cool! It goes from the edge of the new dual-branded hotel at Broadway and Central to the Marquette overpass near its intersection with Broadway.
https://images2.imgbox.com/01/da/FMmRw6Tx_o.jpeg
Here also is a cool aerial drone video of Downtown Albuquerque recently posted on YouTube.
• Video Link
The Hilton Garden Inn/Homewood Suites hotel has been completed and recently opened for guests. I haven't been able to find any pictures of it now that it's completed, but below is one from a poster to Google showing it as of August 27th when it was pretty much completed.
Damacio's Bar + Tapas had its grand opening this weekend in the historic Skinner Building at 8th and Central. It's been open since earlier this month when it had its soft opening.
• Video Link
Curious Toast Cafe also recently opened next door to Damacio's in the historic John Pearce House. Below are pics of it posted to Google.
Katrina Ice Cream Shop on 6th Street near Central Avenue is another fairly new business that has opened downtown. It's been open since early July. Below are pics posted on Google of the shop, including its clever "selfie room"
https://www.instagram.com/p/CR4HThbt_LM/
Yummy's Mini Donuts & Ice Cream has also recently opened in the One Central building at 1st and Central. It's been open since late July. Below are a few pics of it, also posted on Google.