The Albuquerque Regional Economic Alliance is proud to be a partner and supporter in the efforts of private property owners in downtown Albuquerque to explore the potential for the creation of a downtown Business Improvement District. 

Why? Because companies seeking new market expansion opportunities often use the health and vibrancy of a metro’s urban core as an indication of overall community quality of life, and the workforce they are trying to attract want to live in communities with quality of place and activities they can enjoy. From AREA’s perspective, that means that downtown matters to everyone in the entire region as a critical asset for business attraction, retention and growth. BID’s are one of many tools that are commonly used to enhance downtown’s across the country, and offer a potential benefit to enhancing our already unique, historic and cultural urban core.

This effort is made possible by the support and partnership of the City of Albuquerque Metropolitan Redevelopment Agency by offering resources such as the technical services of Progressive Urban Management Associates (P.U.M.A.) to aid in these efforts.

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Want to offer thoughts or connect with the private property owners engaged in this effort?