Archive for 18. March 2008

Redevelopment Body Proposed to Ensure Progress

Redevelopment Body Proposed to Ensure Progress: “Councilor Debbie O’Malley’s fix for Albuquerque-area redevelopment projects that get stalled is a new authority that could take some power from elected leaders.
O’Malley has introduced legislation to organize a ‘work group’ to study the issue and report on the viability of creating an authority.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

KB Homes to Sell Remaining Albuquerque Land

KB Homes to Sell Remaining Albuquerque Land : “Buyers in KB Home New Mexico’s five active communities will be neighbors to some vacant land— at least for a while.
Although the builder will put houses on all lots that are already under contract, it plans to sell any remaining property within the communities to developers or builders, a spokeswoman for the builder told the Journal on Friday.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

SunCal Defaults on Loans

SunCal Defaults on Loans : “California-based SunCal, developer of Albuquerque’s massive Westland project, has had a rough year with some of its California and Nevada ventures— but insists that will have no bearing on its plans here.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

SunCal Plans 1,500-Home Site

SunCal Plans 1,500-Home Site: “Developer SunCal has submitted plans for a 1,500-home development west of the Stormcloud and Crossing neighborhoods, according to documents filed with Albuquerque’s Environmental Planning Commission.
Another submitted SunCal project, near the corner of Ladera and Unser, would include 12 commercial buildings— including five drive-through buildings and one three-story office building, according to EPC documents.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

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