So far, so good on redevelopment of the city-owned Midtown Campus – apparently.
This city has received 21 “expressions of interest” from developers or organizations that would like to house operations on the site. Seven of the responses are from would-be master developers for the entire 64 acres off St. Michael’s Drive, including in at least some cases the smaller proposals from other applicants.
Allan Affeldt, the guy who renovated an historic hotel in Las Vegas, New Mexico, improved another and has brought back the Legal Tender restaurant and saloon in Lamy, has put together a team of community leaders and a plan for the campus that represents an estimated $400 million investment.
It’s impressive. The plan includes housing, parks, an amphitheater, a tech center with its own “microgrid’ power infrastructure and, if the University of New Mexico can pull it off, a film and digital media program for the school, along with engineering and design programs. The participation of the Homewise nonprofit brings in valuable experience at developing homes that working people can afford.