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AREA CONTRIBUTOR NEWSLETTER

March 2024

A MESSAGE FROM THE PRESIDENT & CEO

Greetings,

Thank you to so many of our investors and partners who joined us last week for a spectacular Quarterly Investors Luncheon, featuring a panel of FIVE national site selection consultants. A big thanks as well to Patrick Ethridge of the Albuquerque Journal who moderated the discussion.

During that program, I had the opportunity to share information about our strong pipeline of business development activity but the precarious nature of our ability to attract future businesses without a significant focus on investment in site readiness as a top priority. Stay tuned for a number of upcoming discussions focusing on solutions to this challenge.

Finally, our BIG announcement of the year so far: AREA has achieved premier national status as an Accredited Economic Development Organization, becoming the first economic development organization in the state of New Mexico to achieve this international level of recognition through the International Economic Development Council (IEDC) and one of only 79 globally. A huge thanks to our Board members, partners, and of course stellar AREA team that made this possible.

With gratitude,

Danielle Casey, CEcD, EDFP

NEW Investor Opportunity:

Share Your Services Overview

AREA is the regional responder to 100 or more new prospective leads, and projects as well as expanding local businesses every year that are poised to make significant

investments in the market.

We have created a new online portal for our contributors and partners to upload Statement of Qualifications materials by category that are then shared in our unique, secure online proposal system with ALL client proposals so they can easily identify local providers, from general contractors, to accounting, to healthcare, and everything in between. Take advantage of this special feature!

Submit Your Brochure Here

View our Local Business Support and Online Catalog of Local Service Provider Brochures

Supporter Spotlight

Thank you to our generous contributors

BOHANNAN HUSTON

Contributor since: 1991

SILVER

https://bhinc.com/

SUMMIT ELECTRIC SUPPLY

Contributor since: 2001

GOLD

gdc-az.com

DELTA DENTAL OF NEW MEXICO

Contributor since: 2001

BRONZE

pagethink.com/offices

Special Thanks to Continuing Supporters for Their Recent Contributions:

Betty's Bath & Day Spa - Vexus Fiber - ARGUS Investment Realty - Klinger Constructors, LLC Huning, LLC - Atrisco Companies - The Edward Group - Adelante Enterprises - Manpower of New Mexico - Goodman Realty Group - Kaufman Fire Protection Systems, Inc. - JB Henderson Construction - Chevron

IN THE NEWS: HEADLINE HIGHLIGHTS

Biden-Harris Administration Announces Preliminary Terms with Intel: The proposed CHIPS investment by the Biden Administration, combined with Intel's commitment, represents one of the most significant investments ever seen in U.S. semiconductor manufacturing.

AREA has officially earned Accredited Economic Development Organization status by the International Economic Development Council: The International Economic Development Council (IEDC) announced today that the Albuquerque Regional Economic Alliance has been recognized as one of only 79 economic development organizations accredited by IEDC as an Accredited Economic Development Organization (AEDO). The AEDO program is a comprehensive peer review process that measures economic development organizations against commonly held standards in the profession and recognizes the professional excellence of economic development organizations (EDOs). The program consists of two phases: a documentation review and an onsite visit. Each phase is designed to evaluate information about the structure, organization, funding, programs, and staff of the candidate economic development organization.

Five National Site Selection Consultants Tour greater Albuquerque Region:

AREA, like any similar organizations across the country, is always hard at work promoting the region and working to increase its competitiveness. One key way to do this is to invite site selection consultants – experts who specialize in advising expanding or relocating companies in finding the most suitable locations for their investments and operations – for custom, on the ground market tours. Site selection consultants provide location strategy to corporations nationally and internationally across regions and industries. They are tasked with eliminating locations from consideration to identify the best location for their clients in which to expand or relocate. Their considerations include everything from labor cost and availability to transportation, cost and availability of property, quality of life, and overall operational costs and business environment.

Who are AREA Ambassadors?

AREA Ambassadors are goodwill representatives of the organization, aligned with its mission. They champion AREA’s cause of growing the economy of the greater Albuquerque region. Ambassadors are educated in economic development initiatives, strategies and priorities through workshops and forums. Through these programs, Ambassadors are able to speak firsthand of the work of AREA and can promote the greater Albuquerque area through an economic lens. FIND OUT IF YOU MEET THE REQUIREMENTS, AND APPLY TO SERVE TODAY!

FEATURED JOB LISTINGS

NM DMO Module Equipmen t Technician

Intel

Oracle Cloud Security and Risk Management Senior Consultant

Deloitte

Visit ABQ.org/jobs

Are you an employer with opportunities to post? Click here to sign up.

FEATURED PROPERTIES OF THE MONTH:

Find all of these and more at ABQSites.com

Valencia County - Hot Retail Spot in Los Lunas

Los Morros Business Park is a 500 acre industrial park at I-25 and Hwy 6 in Los Lunas NM. Current tenants are Walmart Industrial, Walmart Super Stores, Merrilot Industries and many many smaller users. There are still 226 acres available for Industrial, Distribution, Office Retail and other various uses. See Price list for various lots. Over 50 acres of I-25 frontage.

VIEW THE FULL LISTING

Albuquerque - 5700 Pasadena Ave NE

This high tech, versatile unit, located within a Class A, Leed Certified building, in a prime location right off I-25, will be a perfect fit for an array of tenants looking for the perfect space to support their officing,a nd research

and development needs. It recently was home to a leading partner of the biopharma industry, who was an international pharmaceutical and laboratory equipment supplier. This unit is ideal for the education,research and development, medical, light manufacturing, and national

lab sectors.

VIEW THE FULL LISTING