Latest news with #AlbuquerqueRegionalEconomicAlliance
Yahoo
24-04-2025
- Business
- Yahoo
Albuquerque Regional Economic Alliance celebrates 65th year
ALBUQUERQUE, N.M. (KRQE) – The Albuquerque Regional Economic Alliance (AREA) is a public charity that aims to grow and diversify the economic base of Albuquerque. Story continues below Community: NM Dancewear closes its doors for good, leaving hole in dance community Food: Los Ranchos restaurant named best spot for brunch in the state by Yelp Crime: ABQ woman frustrated, two vehicles stolen from hospital parking lot days apart Film: Do you recognize these 'El Camino: A Breaking Bad Movie' filming locations? AREA is holding its Building a Regional Economy event on May 15, from 3 – 5 p.m. at Revel Entertainment. The event highlights the economic growth of the greater Albuquerque area. The event will include a screening of a short documentary produced by Comcast. The film highlights the economic growth and features local businesses and community leaders. Special guests at the event will also have a chance to share their stories and experiences. For more information on AREA, click here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
18-04-2025
- Business
- Yahoo
Economic development officials tout business competitiveness to national site selectors
Apr. 17—Real estate expert Mark Urbanowicz's first impressions of Albuquerque? Good infrastructure, a beautiful environment offering balanced quality of life and a unique place to do business. He and three other commercial real estate officials from outside of New Mexico joined a Thursday luncheon hosted by the economic development organization Albuquerque Regional Economic Alliance, or AREA, at Albuquerque Academy to learn more about the metro area's investment potential from local executives. This week, AREA drove the out-of-state visitors around town to tout the city's business competitiveness. AREA CEO and President Danielle Casey at the luncheon described the tour as letting the visitors "get to know what's going on and kind of look under all the rocks and learn about the market and understand what we're doing to really advance our economic development ecosystem." AREA also took the real estate officials to local events like an Isotopes game and golfing, which Urbanowicz said is an important factor business leaders consider when setting up shop somewhere. "What's going to be more important in attracting business and attracting talent in the future will be quality of life," said Urbanowicz, an executive managing director with Vestian. Chad Matheson, senior vice president for AREA, broke down some state and metro-area economic and jobs statistics for the visitors at the luncheon, particularly highlighting the growing market for research and development. In terms of job count in the Southwest, New Mexico has the fourth-largest R&D market and it grew 23% from 2018-2023, he said. "From a research and development perspective, really honing our core competencies and material sciences is one that I feel we have a tremendous potential in," Matheson said. In addition to science and technology-related fields, the state has a demand for professionals in health care, manufacturing and construction, finance and insurance, and education, Matheson added. Officials with Central New Mexico Community College, Presbyterian Healthcare Services and Sandia National Laboratories attended the Thursday event as well to explain some of their program offerings to the visitors, from quantum computing partnerships to health care simulation labs. "There's likely some way that we can work with just about anybody," said David Kistin, manager of technology and economic development at Sandia Labs. This was site selector Jeffrey Garza Walker's fourth tour of Albuquerque, initially coming to the state six years ago to consider its business opportunities. He's the executive vice president and managing principal of SRS Real Estate Partners and lives in Phoenix. It's exciting to see New Mexico "starting to move forward with your initiative" to become a hub of economic development, Garza Walker said. He said it's important for an area to be ready for big companies to move in to, pointing to site readiness and a strong labor force as being key. "One company can change the whole dynamic. And I believe you've got the right people in the room that are trying to get you ready for that," Garza Walker said of AREA.
Yahoo
07-04-2025
- Business
- Yahoo
AREA Showcases Albuquerque's Business Advantages at Space Symposium in Colorado Springs
Albuquerque, NM, April 07, 2025 (GLOBE NEWSWIRE) -- To enhance greater Albuquerque's standing as a premier hub for the Aerospace industry, the Albuquerque Regional Economic Alliance (AREA) is participating in the 40th annual Space Symposium April 7-11 in Colorado Springs, Colorado in conjunction with the New Mexico Economic Development Department, the New Mexico Partnership, and key industry and commercial real estate leaders like NewSpace Nexus, Sandia National Laboratories, and Spaceport America. The 40th Space Symposium brings together spacefaring nations, space agencies; commercial space businesses and associated subcontractors, allowing the Albuquerque region to position itself as a location of choice for new investment to a variety of relevant stakeholders within this important industry sector. 'New Mexico's aerospace ecosystem continues to thrive and attract significant attention,' said Melinda Allen, President/CEO of New Mexico Partnership. 'As we move into 2025, we are eager to strengthen our partnerships across the state and highlight the unique opportunities New Mexico offers for innovation and growth in the aerospace industry. This event presents a valuable opportunity to further our efforts in positioning the state as a key player on the global stage.' With more than 20,000 professionals employed in aerospace job clusters and key facilities like Kirtland Air Force Research Laboratory, Sandia National Laboratories, and nearby Los Alamos National Laboratory, the greater Albuquerque region leads New Mexico in aerospace employment. It also ranks as the second most concentrated metro in the Southwest for aerospace industry jobs. 'Aerospace and aviation technologies are key drivers of both our regional and global economy,' said Danielle Casey, President & CEO of the Albuquerque Regional Economic Alliance. 'In collaboration with the State of New Mexico and regional industry partners, we are actively promoting our region's strengths and tailoring them to meet the specific needs of the space industry. This remains a top priority for us, positioning Albuquerque as a premier destination for investment in aerospace and aviation operations.' 'Once a classified cradle of defense R&D, Space Valley is now a dynamic, collaborative ecosystem accelerating breakthroughs in space technology and commercialization. Those who have discovered this best kept secret are already reaping the rewards of an ecosystem that was born to nurture and scale space companies,' said Randy Trask, Executive Director of Q Station. To learn more about the Aerospace industry in greater Albuquerque and the State of New Mexico, visit CONTACT: Danielle Casey Albuquerque Regional Economic Alliance 505-705-3785 dcasey@
Yahoo
02-04-2025
- Business
- Yahoo
Albuquerque Regional Economic Alliance CEO staying true to New Mexico when it comes to development
ALBUQUERQUE, N.M. (KRQE) – If you look into the strategic planning and development happening in the largest city in New Mexico, at the forefront of that movement, you will find the Albuquerque Regional Economic Alliance. This week Chad Brummett sat down with AREA President and CEO, Danielle Casey, to talk about her 20 years of experience developing cities like Sacramento and Scottsdale, what she learned there on redirecting resources to data rather than lobbying, how to go about staying true our city while growing, and doubling down on the thing that makes our city special: it's cultural identity. Learn more about AREA Mexico Frontiers Digital Show is KRQE New 13's online exclusive web series, giving viewers a more detailed look into how the state is making waves in the Aerospace, Bio-science, Renewable Energy, Digital Media and Film, and Advanced Manufacturing communities. For more segments on prior stories, visit the New Mexico Frontiers page by clicking this link. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
