AMREP Eyes Rio Rancho Commercial Revival Amid Banking Shift
AMREP Southwest outlines a renewed push into Rio Rancho commercial and retail development. The plan follows decades of residential focus, aided by new laws and a changed banking climate that decimated local commercial developers after the 1986 Tax Reform Act, leaving AMREP with limited buyers and a renewed but riskier opportunity.
MENTIONED IN THIS ARTICLE
Rio Rancho
AMREP
Mark Lautman
Gateway Pool
White Amrep Southwest
Rio Rancho Gell
Country Clih
Big Ranch
Hilltop Plaza
Southern Plaza
Amreep
Sait Lautan
Dan Rostenkowski
R Straaclive
Lauiman
Lautan
Amredp
Algo
Lautman
Tracy Leonard
Jim Wall
Tony Gliedman
Gateway zoning change expands Gateway property for commercial use
The Gateway property north and south of Haynes Park near Rio Rancho is rezoned for commercial and retail uses after AMREP Southwest request. Gateway North and South cover about 47 acres, with KT notations. The City Council approved the change earlier this year, enabling various businesses and facilities. Final platting of Gateway was considered by the Planning and Zoning Commission.
MENTIONED IN THIS ARTICLE
Gateway
Haynes Park
Rio Rancho
Amrep Southwest
Gateway North
NM 528
Grande Boulevard
Sara Road
19Th Avenue
Gateway South
21St Avenue
Kna Tt
Planning and Zoning Commission
High Resort Groundwork Underway West of NM 528
Construction begins on High Resort a mixed use development west of NM 528 near Ridgecross Drive and High Resort Boulevard. The project covers up to 30 acres of commercially zoned property including a tract along NM 528.
MENTIONED IN THIS ARTICLE
High Resort
NM 528
Ridgecross Drive
High Resort Boulevard
AMREP plans Unit 20 mixed use development in Rio Rancho
In northern Rio Rancho AMREP advances the 2060 acre Unit 20 project at NM 528 and NM 44, potentially housing 2200 homes with commercial and light industrial areas. Separate annexation approved across NM 528 at The Hill adds 32 acres zoned for multi family and commercial uses, enabling apartments or condos and various retail and light industrial development.
MENTIONED IN THIS ARTICLE
AMREP
Rio Rancho
NM 528
NM 44
Souih
Southern Plaza shows fortitude amid Rio Rancho center strain
Southern Plaza in Rio Rancho illustrates the roller coaster economy as AMREP sua plans for Gateway and High Resort loom. Former leasing agent Bill Nelson recalls peak leasing around 75 80 percent in the late 1980s, with Safeway closing in 1989 and Sprouse Reitz vacating soon after, plunging occupancy to about 55 percent in late 1990 1991 and leaving retailers worried about foot traffic and anchor stores.
MENTIONED IN THIS ARTICLE
Rio Rancho
Southern Plaza
AMREP
Gateway Sind High Resort
Bill Nelson
Way
Southern Boulevard Center
Nelson
Safeway
Southern Phi
Sprouse Relly
Sprouse Reitz
Nelsson
Hallmark
K-mart
Nelsons
Positive outlook for Southern Plaza amid Rio Rancho growth
Nelson projects a brighter future for Southern Plaza as Gateway and High Resort draw retailers to Rio Rancho. He notes neighborhood centers attract everyday goods and could benefit if overall market strengthens, with rents eventually pushing tenants toward established centers like Southern Plaza. Proper transport improvements could boost the center’s prospects.
MENTIONED IN THIS ARTICLE
Southern Plaza
Nelson
Gateway
High Resort
Rio Rancho
Rio Ranch
Gateway of High Resort
NM 528
Also Mentioned on This Page
Litwut
Southern Boulevard
Ammg
Nolws
Fxes
Pan Avenel
Gateway North Project
Jay P. Thuringer
Observer
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