The City Council will vote on the project’s tax incentive package at tonight’s meeting. Urban Hospitality NM, LLC, a partnership between Titan Development and Maestas Development Group, are spearheading the redevelopment and are requesting tax abatement from the City of Albuquerque.
This innovative proposal will create the first Ronal McDonald House in the nation to be built as part of a newly constructed hotel.Ī project of the Metropolitan Redevelopment Agency, the 12-acre site aims to bring life back to the Central corridor in a depressed area located between Downtown and the University of New Mexico, just off Interstate 25 and across from Presbyterian Hospital. Since 1982 they have provided over 10,000 nights of temporary lodging each year to those who would not be able to afford other paid types accommodations. The East Side Access project, which extends the Long Island Rail Road (LIRR) from Queens to Grand Central, is scheduled for completion in 2022 and is expected to bring up to 160,000 additional. RMHC-NM is a non-profit organization that provides rooms and services for low-income families across New Mexico who are in need of lodging while their children seek medical treatment. “This redevelopment accomplishes two things, helping families in need and improving blight in our city.”
“Having a room close to where your child is being cared for is a lifeline for families who are going through a tough time,” stated Mayor Tim Keller.