ABQ home-building highest in five years

Posted on Feb 18, 2015

Albuquerque Journal (January 29, 2015) Home construction continued to improve in the Albuquerque metro are in 2014, with building permits issued for single-family homes reaching the highest level in five years, according to the latest report from Data Traq. Permits were issued for 1,576 houses throughout the metro area, an 8% increase from 2013, and the most since 1,669 permits in 2009.  A high point came in May when 193 permits were issued, the most for any month since 196 in August 2008. “We’re happy with that,” said John Garcia of HBA, the metro area’s homebuilders group.  “There was nothing to make it better.  We need an economic driver for sustained momentum.   Click here to view article...

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SEA director points to new jobs, plans to hire salesperson

Posted on Feb 18, 2015

Rio Rancho Observer (January 21, 2015) Sandoval Economic Alliance helped create 270 new economic-base jobs in its first six months of existence, the executive director told the Rio Rancho Governing Body last Wednesday. SEA Executive Director Jami Grindattto gave his twice-annual report to the governing body at its meeting, saying the job numbers represented positions already filled. Economic-base jobs are those involved in selling goods and services outside the area, bringing “new money” to the community. Grindatto said SEA’s retention and expansion program helped the Sprint call center create 100 jobs, even though the company had lost 125,000 subscribers.  Sprint’s global consolidation added those positions to Rio Rancho. Also, Intersections call center added 70 new jobs to work with a new line of products, dog collars that monitor pets’ vital signs....

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Hull highlights local retail, new jobs

Posted on Jan 13, 2015

Rio Rancho Observer (January 11, 2015) Growing business in established areas of the city was a key point in Mayor Gregg Hull’s presentation at the Rio Rancho Roundtable’s first meeting of the year Thursday. Members of roundtable, which is affiliated with the commercial real estate development association NAIOP New Mexico, met a Presbyterian Rust Medical Center to discuss growing the city’s economic base in 2015. Hull was the quest speaker and led a presentation of his economic progress made in Rio Rancho in 2014. He applauded the business that opened in the Unser Pavilion and Cabezon Commons, saying Einstein Bros. Bagels and Dion’s opened with great numbers.  He said he was happy to see businesses like Einstein’s and those at Unser Pavilion open near the medical center. “It gives us the opportunity to make a choice in Rio Rancho that really buys into the shop-local thing that we continue to talk about,” he said.  “It’s easy to shop local but it’s hard to when you don’t have the offerings.” Hull said the city had 1,195 announced or added jobs in 2014.  S&P Data, Alliance Data and Intersection Inc. accounted for the bulk of the new jobs.  S&P Data, which opened its Rio Rancho location in November, stood tallest with 425 announced jobs, with Alliance Data at 200 jobs ad Intersections Inc. with 180. Click here to read full...

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Census data shows just how fast Rio Rancho’s growing

Posted on Dec 11, 2014

Albuquerque Business First (12-09-14) Rio Rancho has grown by 72.12% since 2000, more than five times the average national growth rat of 13.65%, according to new Census data. The data, from the 2013 five-year American Community Survey, shows Rio Rancho with an estimated  population of 89,098, up from 51,765 recorded during the 2000 decennial census. Even more impressive is Rio Rancho’s growth on the national scale:  the city is in the top 4% of fastest-growing cities.  Rio Rancho is the 120th-fastest-growing city out of more than 3,300 cities with populations of more than 10,000 at the start of  the 21st century, according to the data. Jami Grindatto, president and CEO of the Sandoval Economic Development Alliance, said Rio Rancho offers many of the benefits young, well-educated families are looking for when deciding where to put down their roots. “For one, the quality of life in Rio Rancho is very high,” he said.  “Rio  Rancho is very safe community.  We have excellent police and school systems, public health is good and we have a number or economic base employers located right here in our...

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Twilight Homes continues to expand Rio Rancho footprint

Posted on Nov 25, 2014

Albuquerque Business First, (November 18, 2014) Twilight Homes of New Mexico , a four-year-old, homegrown, Albuquerque-based homebuilder continues to add communities to its roster, particularly in Rio Rancho. The company, which consists of partner Mike Fietz, Tim McNaney and Vinny Pizzonia, has launched its Morningstar Homes division in Rio Rancho’s Lomas Encantadas.  The move comes on the heels of Twilight’s increased activity in the Mariposa East development.  Earlier this year, Twilight bought Mariposa’s 10,000-square-foot-community center out of foreclosure and re-deeded it to the Mariposa Community...

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Grindatto to head economic alliance

Posted on Nov 12, 2014

Rio West (November 8,2014) Jami Grindatto has been selected as CEO and president of the newly formed Sandoval Economic Alliance, permanently assuming the duties he’s performed for the organization on an interim basis over the past several months. Joe Sierra, chairman of the SEA board of directors, made the announcement at Thursday’s breakfast meeting of the Rio Rancho Roundtable at Club Rio Rancho.  The roundtable is affiliated with the commercial real estate development association NAIOP New Mexico. Grindatto, former Intel regional director of corporate affairs, was selected following a national search, Sierra said.  He said there were 26 applicants from Oregon to Maine. The board’s goal, he said, was to hire someone who could help establish a sound, long-lasting foundation for the...

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