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  • NEW!!  The latest addition to City Center is a 77,000 square foot office and retail building of which the City of Rio Rancho will occupy 10,000 square feet. The building is expected to be complete by first quarter of 2008 or within 6-9 months of it being 60 percent leased. The remainder of the office building will be available for lease at a cost of $18 per square foot with triple net charges estimated at $6.00 per square foot. To view a rendering of the building and learn more about City Center, CLICK HERE.


  • NEW!! The 2006 list of New and Expanding Companies in Rio Rancho is as follows:
New Companies
Expanding Companies
Lionsgate Entertainment
Waste Management
Source One Spares
US Personal Chef Association
Global Entertainment
KDK Enterprises
Aero Mechanical Industries, Inc.
Symphony Acoustics
Permacharge Corporation
Ewing Irrigation
Bank of America
ENC Labs
Form-Cove Manufacturing
e-Telecare Global Solutions
  • ACCRA Cost of Living Index Update - Data for 1st Quarter 2007 has been collected and submitted to ACCRA. In the 4th quarter 2006, Rio Rancho's cost of living index was below the national base of 100, scoring at 97.6.
  • On the Lookout !! Central New Mexico Community College is inching closer towards purchasing land from Rio Rancho's future University of New Mexico West. In early May 2007, UNM signed off on the terms to sell 15 acres already owned by the university. CNM is also seeking to buy an additional 25 adjacent acres from the State Land Office.
  • On the Lookout !! Fresenius Medical Care will anchor the 56,600 SF medical portion of the new Enchanted Hills Professional Center in northern Rio Rancho, which will encompass almost 100,000 SF of space upon completion. Fresenius Medical Care is a national leader in kidney dialysis. The project has broken ground and the medical plaza is expected to open in September 2007.
  • On the Lookout !! Rio Rancho's new City Hall is slated to open July 2007 in the emerging Central Business District.

Upcoming Events

  • 2007 Tradeshows and Industry Events with RREDC attendance: (NOTE: click on RREDC staff member's name below to set up an appointment by e-mail)
Date Event RREDC Staff Attending
January 28-30, 2007
International Economic Development Council (IEDC) Leadership Summit - San Diego, CA
Noreen Scott Deborah Breitfeld
February 20-23, 2007
International Council of Shopping Centers (ICSC) Specialty Retailing - Palm Springs, CA

Deborah Breitfeld

March 3-7. 2007
Industrial Asset Management Council (IAMC) Professional Forum - Amelia Island, FL
Noreen Scott Deborah Breitfeld
April 16-19, 2007
National Association of Broadcasters (NAB)2007 Electronic Media Show - Las Vegas, NV
Jon Bundy
April 17-19, 2007
Maintenance Repair and Overhaul (MRO) Aviation Tradeshow - Atlanta, GA
Deborah Breitfeld
April 29-May 2, 2007
CoreNet Global Summit - Denver, CO Noreen Scott Deborah Breitfeld
May 20-23, 2007
International Council of Shopping Centers (ICSC) Spring Convention - Las Vegas, NV
Noreen Scott
September 16-19, 2007
International Economic Development Council (IEDC) Annual Conference - Phoenix, AZ
Noreen Scott Deborah Breitfeld
October 25-27, 2007
International Council of Shopping Centers (ICSC) Dealmaking - Chicago, IL
Noreen Scott
October 28-31, 2007
CoreNet Global Summit - Atlanta, GA
Noreen Scott Deborah Breitfeld

                                               For a map and directions to the Santa Ana Star Center, CLICK HERE.

For a map to Chamisa Hills Country Club, CLICK HERE.

                                        To view slide shows presented at previous meetings, CLICK HERE.


Business Climate Rankings

    Albuquerque Metro Ranked 3rd in 10 Best Places to Own Real Estate, Money Magazine, January 2007

    Albuquerque Metro Ranked 3rd Smartest City to Live, Kiplinger's Personal Finance, May 2006

    Albuquerque Area Named a Five-Star Knowledge Worker Metro, Expansion Management, May 2006

    Albuquerque One of the Top Metros in U.S. Overall for Public Schools, Expansion Management, May 2006

    Albuquerque Ranked 8th Mid-Size Metro in Nation for Top Public Schools, Expansion Management, May 2006

    New Mexico Has Sixth Highest Concentration of Tech Workers in the Nation, American Electronics Association, April 2006

    New Mexico 6th in Generation of Wind Power, American Wind Energy Association, March 2006

    Albuquerque Metro Ranked on Milken List of Top 200 Best Performing Cities, Milken Institute, March 2006

    USA Today Picks Albuquerque Metro as One of the Top 6 Destinations to Travel for 2006, USA Today, January 2006

    Albuquerque Named as the 13th Fittest City in Nation, Men's Fitness, January 2006

    Yahoo! Names Albuquerque Among Cities With Good Work and Life Balance, Yahoo!, October 2005

    Albuquerque Area Featured as Best Community for Young People, Newsweek, October 2005

    Albuquerque Metro Named 5th Best Real Estate Market and 4th Lowest City for Purchase Costs, Expansion Management, August 2005