About 108.25 Acres in Rio Rancho, NM
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Directly next door to Albuquerque, NM, and minutes from Santa Fe, NM, Rio Rancho is one of the most progressive and visionary communities in the nation. Ranked as the fastest growing city in New Mexico and 17th in the nation, Rio Rancho has a vision of progress in place that is more than a dream - it is happening.
The 108.25-acre property is approximately 3/4 mile from the new City Centre being developed by the City of Rio Rancho, as well as 1/2 mile away from the Lionsgate Studio, the Central New Mexico College Campus, and the University of New Mexico West Campus and the University of New Mexico Hospital.
The 160-acre, pedestrian-friendly downtown City Centre is destined to become New Mexico’s premier commercial, retail, dining and entertainment venue. This $77 million investment in the new City Centre began with the 6,500 seat Santa Ana Star Center, which is home to the New Mexico Scorpions Hockey team, the City Hall, and an office/retail center. This investment has served as a catalyst for mixed-use development in associated areas. Also close by is the development site for the University of New Mexico West campus that will be home to over 15,000 students, as well as the new University of New Mexico Hospital that will be located on the campus. Hewlett Packard has also announced that it will locate in the City Centre. One-half mile north of the property is the new, upscale Mariposa Home Development situated on 6,500 acres. Residents will travel directly through the center of the auction property to get to the City Centre.
The area is booming with leading business and industry developments choosing Rio Rancho as
their site.
Nestled in the foothills of the Sandia Mountains, right in the heart of New Mexico’s fastest growing region, an opportunity awaits. The City of Rio Rancho, already recognized as one of America’s top places to live, has put a vision into action with the creation of a new City Centre, a vision that will provide fantastic opportunity to those who jump on board in the early stages of this incredible project.
Construction of the the new City Centre is already underway. The completion of Rio Rancho’s new city hall and the 8,500 seat Santa Ana Star Center is just the beginning of a vision that will soon include two college campuses, a downtown plaza offering the finest in shopping and dining, and acre upon acre of land which will soon be developed for retail and residential use. It won’t be long before this land, which is the geographic center of Rio Rancho, will be the center of city activity. Rio Rancho is already the fastest growing city in New Mexico, and for good reason; a beautiful community situated on the banks of the Rio Grande River, Rio Rancho is famous for its natural beauty, from spectacular views of distant mountain peaks to magnificent sunsets.
What makes this vision more than just a dream? Part of it is the location of the city itself. Bordering the south side of Rio Rancho is Albuquerque, the center of New Mexico’s economic, industrial and business world. Offering wide-open spaces, fantastic climate and southwestern hospitality, Albuquerque has experienced unprecedented growth over the last couple decades booming to nearly 750,000 residents in its metropolitan area.
Recently, Money Magazine rated Rio Rancho as the nation’s 56th best place to live. This beautiful city is experiencing exceptional growth; in 1980 there were fewer than 10,000 residents; it is projected that in 2010 there will be nearly 125,000.
Rio Rancho and West Albuquerque have combined to form one of finest retail centers in all of New Mexico. A thriving population, a wide selection of retail stores centrally located and the Cottonwood Mall draw shoppers from all over the state.
In addition, Rio Rancho is located near some of the top entertainment spots in the Southwest; the famous Sandia Casino & Resort... the renowned Santa Ana Star Casino... and the luxurious Tamaya Resort & Spa are just a few of the reasons Rio Rancho is becoming a popular tourist destination.
At the heart of Rio Rancho is the Intel Corporation, Rio Rancho’s top employer with nearly 5,000 employees. This state-of-the-art facility has held the title of the world’s largest semiconductor factory and is currently the world’s largest supplier of flash memory. With Intel’s chip-manufacturing operations, it’s new remote data center and its test facilities, Intel Rio Rancho is now one of Intel’s most diversified business sites.
Many American corporations find Rio Rancho an attractive location. Sprint PCS has a call center that employs over 1,000 employees. Other call centers have been established in the city by Victoria’s Secret, JC Penny and the Bank of America, each employing over 500.
Capitalizing on its growth, Rio Rancho city leaders are in the process of constructing a Central Business District, a 160-acre pedestrian-friendly city center destined to become New Mexico’s premier district for commercial, retail, dining and entertainment. Constructed from the ground up, this City Centre will be home to offices, a downtown plaza, the University of New Mexico-West campus, which will be the state’s 3rd largest university, as well as Central New Mexico Community College. In addition, Lions Gate Entertainment, a major player in the booming movie industry, is building a $15 million film production studio that will create up to 500 jobs.
Throughout this area, residential subdivisions are growing at an incredible rate. Not the least of these is the upscale Mariposa development. This 6,500 acre development will ultimately be home to some 18,000 people and over six thousand homes.
The property being offered is situated between the Mariposa development and the City Centre, making it some of the most desirable land available in Rio Rancho today.
The City Centre and the Central Business District are not ideas waiting to happen; they are happening. The new city hall and the Star Center are only the beginning of a city-wide plan which will make Rio Rancho one of the most progressive communities in the nation. Today’s undeveloped grassland is also today’s opportunity. With the construction of two new college campuses, a 500-bed Presbyterian hospital, Lionsgate Entertainment and numerous retail shops, restaurants and offices, it won’t be long before this land is one of the centers in New Mexico for industry, medicine, business and education.
The opportunity is now. Get in on this ground floor vision and watch as the sun rises on New Mexico’s fastest growing city.
