ALBUQUERQUE, N.M. — Bernalillo County commissioners agreed to make an unusual investment Tuesday – approving up to $400,000 for a regional rail and logistics park in Los Lunas, outside the county’s boundaries.
Commission Chairman Art De La Cruz, who sponsored the measure, said it made sense to contribute to an economic-development project that will bring jobs to the metropolitan area. The proposed rail park is only about 15 miles south of Albuquerque, he said, and couldn’t be built in the city.
“Most of the folks that are going to work there are going to come from Albuquerque and Bernalillo County,” he said, and $400,000 “is such a small amount when you talk about what this is going to be bringing in terms of employment.”
The company behind the project, Rio Real Estate Investment Opportunities LLC, estimates it would create 5,000 jobs.