New Mexico’s Las Vegas ¡WOW!
Potential Success Opportunity • Overview of the real Las Vegas • Local Incentives (ED Ordinance) • Broadband Access • Trained, competent, Bilingual Workforce (home based) • Potential Sites • EDC community role
Overview of the real Las Vegas • 1835 • Nuestra Senora de Dolores de Las Vegas Grandes (during Mexican Territorial Period) • West and East meet here • Santa Fe Trail • Over 900 structures on national historic registry • 1 of 12 distinct destinations • Culture and charm without the tourist prices
Quick tour
Local Incentives (ED Ordinance) • Economic Development Ordinance • City Owned Utilities (Gas, Water, Solid Waste) • Rent/lease deferment • Training Trains Program • Customized University and Community College programs • Property tax deferment • Performance based incentives (jobs)
Broadband Access • Qwest Communications • (14 miles of fiber in LV T 1 and DSL) • Sprint • (mobile and data services) • Genesys • (Wireless Technologies) • Rural Telephone Co. Ops • Rural DSL
Workforce • Underemployment • 600 -700 local employees • Unemployment rate 6 -7% • 900 to 1, 000 folks • Estimated 3, 000 employees commute 45 minutes or more on a daily basis out of Las Vegas • Many economic based employees commute to LV from Santa Fe • NMHU students 2, 300 and LCC 1, 850 • Bilingual workforce - 75 -85% of local population is Hispanic
Potential Sites Investment opportunity for freestanding retail, showrooms, distribution centers, government operations center, telemarketing or data centers. Additional land available. Existing Pizza Hut land lease available as an out-parcel to this site. Price: $300, 000 Lease: Depending on build-out and size. Owners will divide space according to tenant needs. Lot Size: 165, 528 +/- SF Building Size: 40, 000 +/SF Terms: Cash or New Financing Zoning: Commercial Parking: 242 vehicles Listing agent: Phase One Realty, Santa Fe, New Mexico 505988 -3883 x 3 Contact: David Gurule Email: gurule@phaseonerealty. com, www. phaseonerealty. com Visit on the web: http: //www. phaseonerealty. com/wh at/k-mart. html
Potential Sites • • This complex currently houses our existing data center. It can make the appropriate amount of sq. ft. space needed available. Its current major tenants include: Auto Zone, H&R Block, Family Dollar, Colortyme, Payless Shoes, The Connection (Data Center), Advance America, Eye Associates of New Mexico, United States Army, and the Foot and Ankle Associates, Inc. , Negotiable lease terms. Allowance for tenant improvements. Largest shopping center in Las Vegas, NM and an abundance of employee/customer parking. ASW Realty Partners Contact: Marty Gerber Phone: (505) 820 -1818 Fax: (505) 820 -1919 Cell: (505) 690 -5969 E- Mail: mgerber@aswsf. com Total 118, 000 sq. ft. Spaces starting at 550 sq. ft. (3, 500 sq. ft. pad - perfect for drive-thru) Available for lease immediately Visit on the web: http: //www. lvsmedc. org/cp 1. htm
EDC community role • “Make it happen” • Fast local buy in by working with us • Clearing house for economic development incentives • All government relations • Membership is broad and inclusive
New Mexico’s Las Vegas ¡NOW!