@Rio in Bernalillo to feature retail, housing - Albuquerque Journal

@Rio in Bernalillo to feature retail, housing

1288975
An artist’s rendering of @Rio, a 14-acre development in Bernalillo. (COURTESY OF MODULUS ARCHITECTS)

The newly opened Bosque Brewing Co. in Bernalillo is about to get some neighbors, as part of a multi-million dollar, multi-phase redevelopment that was unveiled Wednesday.

The team behind the construction of Bosque Brewing along U.S. 550 broke ground on @Rio, a 14-acre development that will be built above the riverbank on parcels north and south of the highway. Joining developers at the site Wednesday were representatives from the town of Bernalillo, Sandoval County and the Sandoval Economic Alliance.

The @Rio development will include restaurants, retail, housing, a walkway looking out onto the Rio Grande, and recreational opportunities like canoeing or kayaking, one of the owners said.

Zack Snyder of Snyder Construction said he’s partnering with Phil Lindborg, Harpal and Gita Singh and Gary Plant on the development, which will be done in phases over the course of the next few years. Counting land acquisition, entitlement and construction costs, the project will total about $48 million, Snyder said.

“We have an approved site plan from the town of Bernalillo,” said Snyder. Final approval of construction documents for the first phase @Rio, which will be three commercial buildings west of anchor tenant Bosque Brewing, are pending. Construction will begin in November.

Service-oriented businesses — restaurants, coffee shops and juice bars, gyms, barbershops, cellphone stores — are the target tenants to lease storefronts in the first phase of the commercial development, said Snyder, whose firm will be the general contractor for the build- out. Lindborg and Snyder previously collaborated on the Village @ La Orilla development on Coors just north of Montaño, which is anchored by Flix Brewhouse.

In a March 2016 Journal article that announced the redevelopment of the former Jackalope location into the brewery, the project then carried the name of Riverpointe Vistas. The @Rio project is a much more ambitious iteration, said Snyder.

As planned, @Rio will be a destination place where people come for a quick stop or to spend the day, said Snyder. “Tying the development to the river is a natural,” said Snyder, adding that “tens of thousands” of commuters and residents drive U.S. 550 every day. The new development dovetails with road improvements along Bernalillo’s major east-west arterial. The $40 million project will include widening the highway from four lanes to six, building a new bridge, bike lanes and sidewalks, and reconstructing the intersection with N.M. 528 intersection to improve traffic flow.

In addition to working with local governments, Snyder said the @Rio team has met with various agencies that would be impacted by the development, including the state Department of Transportation, the U.S. Bureau of Reclamation, Army Corps of Engineers, and the Nature Conservancy.

The developers want to be sensitive to the flora and fauna on and along the nearby river, said Snyder.

Home » Business » Most Recent Biz News » @Rio in Bernalillo to feature retail, housing


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

1
Wall Street ends mixed after a day of wavering ...
Money
Wall Street capped a wobbly day ... Wall Street capped a wobbly day of trading with a mixed finish Monday, giving back some of the market's gains following a rare winning ...
2
New Mexico paid sick leave law set to take ...
ABQnews Seeker
The Healthy Workplaces Act applies to ... The Healthy Workplaces Act applies to all private businesses
3
How does New Mexico's paid sick leave law work?
ABQnews Seeker
Q&A about the new law Q&A about the new law
4
Home equity deduction question has plenty of what-ifs
ABQnews Seeker
Q: I need to borrow money. ... Q: I need to borrow money. With the increase in the equity of my home due to the significant increases in the housing market, ...
5
When you’re put in charge and you have the ...
Business
Dear J.T. & Dale: I recently ... Dear J.T. & Dale: I recently accepted a new position and then discovered I would be managing a team that all have more experience ...
6
Supporting New Mexico start-ups is key to long-term prosperity
ABQnews Seeker
I'm in the rare position of ... I'm in the rare position of being both an angel investor and a recipient of angel investor fun ...
7
Solar systems executive to chair ABQ chamber board
ABQnews Seeker
Veteran solar industry executive Peter Lorenz ... Veteran solar industry executive Peter Lorenz will become the Greater Albuquerque Chamber of Commerc ...
8
Top Workplaces' special award recipients
ABQnews Seeker
Top Workplaces’ special award recipients were ... Top Workplaces’ special award recipients were chosen based on standout scores for employee responses to specific survey statements. Leadership Awards Large employer: Joe Christian, ...
9
Behavioral health group is No. 5 small employer in ...
ABQnews Seeker
Q&A with Kathleen Karimi, co-founder of ... Q&A with Kathleen Karimi, co-founder of Behavior Change Institute