ALBUQUERQUE, N.M. — Mayor Richard Berry and the Albuquerque Rapid Transit project were singled out for NAIOP’s Chairman’s Award in the commercial real-estate group’s annual Awards of Excellence.
Berry’s leadership in moving the controversial project forward and ART’s impact on the cityscape, economy and future development were spotlighted in the 21st annual program hosted by the New Mexico chapter of NAIOP, the commercial real-estate development association. The chapter also bestowed Eagle awards to recipients in 10 different categories as well as special accolades.
Described in the awards as “one of the most transformative infrastructure projects” by the city of Albuquerque, the $119 million bus rapid transit project, primarily funded by the federal government, runs down the middle of Central Avenue between Louisiana and Coors boulevards. The project was hailed by NAIOP as a game changer.
“The intent was to increase the utility of Central for everyone – buses, cars, pedestrians and bicyclists,” said NAIOP’s award presentation. “But ART is not only a business. It’s an investment in the very fabric of Central Avenue and Albuquerque.”