Latest news with #AlbuquerqueSummerfest
Yahoo
2 days ago
- Business
- Yahoo
City looking to fill empty corners in Albuquerque neighborhoods with housing
ALBUQUERQUE, N.M. (KRQE) – The City of Albuquerque is kicking up efforts to add more housing. Its latest move is offering up plots of land around the city for developers to fill in. One of four spots the city is hoping to develop into homes is located in a prime spot across from the Railyards. 'This is a joint partnership between using state funds and city land,' said Joseph Montoya, Deputy Director of Health, Housing, and Homelessness. Story continues below News: Albuquerque couple facing charges in 4-month-old's death Investigation: Politicians sink $13M in closed New Mexico tourist attraction Trending: Videos show man in dumpster getting dumped into waste truck in Albuquerque Events: Albuquerque Summerfest's 2025: What you need to know The department has more than a million dollars in state capital outlay money to fund affordable housing projects, and now they are asking developers to submit housing proposals. They said the goal is to provide homes to low-income families. 'So, these are folks that earn less than 80% of their income, so a family of four, that's about $78,000 a year household income,' said Montoya. The largest location is a two-acre lot on 90th Street and San Ygnacio Rd., where, in addition to giving the developer the land itself, the city will also offer nearly $780,000 to subsidize construction. The city said it will consider proposals for single- or multi-family homes like condos or townhomes on that site. 'The opportunity for more townhouse condo development, right? Which I think will be fun, but none of them are large enough for any mixed-use issues,' said Montoya. The three smaller lots in the Barelas neighborhood, the city said, would be best suited for single-family home development. In addition to the land, a developer would receive nearly $500,000 from the city. KRQE News 13 spoke to a resident who says the neighborhood needs the housing. 'There isn't enough, but hopefully you know stuff like this will get it popping to have a lot more development,' said Rick Espaline, a nearby resident. The posted deadline to submit a proposal is July 8, but the city said they'll likely extend that period to get as many proposals as they can. Last month, the city sent out a request for information for 11 other locations throughout the city, asking developers for ideas. They said 10 organizations responded, showing interest. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
2 days ago
- Business
- Yahoo
Park Square Market in Uptown opens for business
ALBUQUERQUE, N.M. (KRQE) — After months of construction, a new market place is open for business in one of the busiest parts of Albuquerque. Park Square Market in Uptown held its grand opening on Wednesday. Story continues below News: Albuquerque couple facing charges in 4-month-old's death Investigation: Politicians sink $13M in closed New Mexico tourist attraction Trending: Videos show man in dumpster getting dumped into waste truck in Albuquerque Events: Albuquerque Summerfest's 2025: What you need to know This comes from the same people who made the Sawmill Market in Old Town. 'This is a lot similar to Sawmill,' said Heritage Hotels & Resort CEO Adrian Perez. 'It gives you the opportunity to have multiple different food types, all under one roof. You have burgers, you have pasta you have pizza. Healthy bites like salads, you have a great ice cream vendor in Neko Neko. A great ramen vendor. a great coffee vendor.' The market is laid out as two buildings connected by a courtyard. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
2 days ago
- Entertainment
- Yahoo
STEM night with coding, robotics, more comes to Nob Hill on June 12
ALBUQUERQUE, N.M. (KRQE) — A free community STEM event is taking place in Nob Hill on Thursday at Q Station. 'STEM Fun' is being held from noon to 4 p.m. Story continues below News: Albuquerque couple facing charges in 4-month-old's death Investigation: Politicians sink $13M in closed New Mexico tourist attraction Trending: Videos show man in dumpster getting dumped into waste truck in Albuquerque Events: Albuquerque Summerfest's 2025: What you need to know The event will have hands-on science activities for all ages. There will be coding, robotics, augmented reality, and science-based art projects. Air Force Research Lab, Sandia National Labs, NewSpace Nexus, First Robotics, STEMarts Lab, the Fractal Foundation, and the City of Albuquerque Library are participating. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
2 days ago
- Science
- Yahoo
The University of New Mexico wins solar boating competition
ALBUQUERQUE, N.M. (KRQE) — The University of New Mexico beat universities across the world and placed first in the 'Collegiate Solar Boating Competition' held in Ohio last weekend. Along with the world champion title, UNM was given an award for 'Outstanding Electrical System Design.' Story continues below News: Albuquerque couple facing charges in 4-month-old's death Investigation: Politicians sink $13M in closed New Mexico tourist attraction Trending: Videos show man in dumpster getting dumped into waste truck in Albuquerque Events: Albuquerque Summerfest's 2025: What you need to know Over the past years, students designed and constructed a solar-powered boat by the name 'Unaltered Carbon.' The faculty advisor says this program began almost a decade ago, and this is the best boat they've made yet. Through the program, students are able to gain a realistic experience of how a concept can become a working product. The UNM Solar Splash program is funded almost entirely by donations. You can donate here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
