Metropolitan Redevelopment Agency Takes Next Step on Mixed-Use Nuevo Atrisco Project
Sept. 8, 2021
On Wednesday, September 8 the City’s Metropolitan Redevelopment Agency (MRA) is presenting the commercial portion of Nuevo Atrisco, located at the northwest corner of Central and Unser, to City Council for approval. If approved, new retail, food, and entertainment options will be available at the $24 million Westside mixed-use project. The affordable housing portion of the project was completed last year and is fully leased.
“Nuevo Atrisco is already an important economic driver for the Westside and can become a hub for the family-friendly activities and events that we know the community is looking for; bringing farmers markets, classes, youth programs, and car shows to a great location,” said Mayor Tim Keller. “It’s crucial that we continue our momentum with projects to support our economic recovery.”
Anticipated additions to the City-owned, six-acre parcel include 10,000 square feet of retail, as well as a 17,000-square-foot public plaza with shade structures, interactive play and water features, tables and seating, and at least seven hookups for “micro-restaurants,” including food trucks and other modular food services.
"I am excited to see this long-term community project come to fruition for Albuquerque's Westside," said District 3 City Councilor Klarissa J. Peña. “I am grateful to Maestas Development Group and YES Housing for their hard work and dedication to getting this high-quality and valuable asset to the community."
“I am excited to support this protect, the second phase of Nuevo Atrisco, and all the needed amenities it will bring to Albuquerque’s Westside. I am honored to be able to continue the efforts our late City Councilor Ken Sanchez had started in a community charette with the residents of District 1 over 15 years ago,” said District 1 City Councilor Lan Sena. “This area of town has been asking for a housing/jobs balance, and this project along with the first phase of living and office space will bring and start some of that activity. I look forward to continue to work on projects like this to further economic growth on the Westside.”
Under the agreement with the City of Albuquerque, project developer Maestas Development Group will be responsible for at least 52 annual public community programming activities, such as artisan farmers markets, community classes, youth programming, and car shows.
Phase 1 of the project, built by YES Housing, Inc., includes 68 affordable housing units and 12 market rate units.
“Co-locating housing, workforce, and economic opportunities through projects like Nuevo Atrisco are the investments we need to make in our community to create catalytic change in Albuquerque,” said MRA manager Karen Iverson. “We will continue to focus on developing and activating high-impact spaces in along the Central spine.”