Largest Landowners
Thursday, October 27, 2011
The names apparently include a New Mexican. Here's the Land Report 100 - Largest Landlowners list.* This is not by weight.
A person with same name as one of them, Number 72, is presently requesting public funds through a LEDA grant from the Bernalillo County Commission to build another set of big boxes in an alfalfa field he owns at Coors and Rio Bravo Boulevards.
The zoning for the site was approved years ago when Teresa Cordova, stalwart protectress of valley values, was in office. As I recall, one of the arguments at the time was how the County needed its own retail development. That huge Walmart right next door was in the evil City. (Say it with a hissss.) So Wal-Mart didn't count except as a "changed community condition" that bolstered the argument for the conversion of more prime farmland into yet another speculative real estate venture. Sad but true.
* In spite of my much coveted position as primary steward of Whitelodge and Weed Ranch, I'm not on the list.
any signs of pushback yet?
Posted by: suz | Thursday, October 27, 2011 at 10:59 AM
I used to work in the economic developmetn field, and I recall that the Local Economic Development Act (State statute) specifically excluded retail development as an eligible use, so I don't understand how they plan to use it to subsidize a shopping center. But what do I know...
Posted by: Steve Whitman | Sunday, October 30, 2011 at 01:47 PM
Interesting!I like your post,and I will be your visitor forever!
wishes!http://www.swtorcredits.org/
Posted by: Susan Fan | Sunday, October 30, 2011 at 07:52 PM
If it's not concentration of wealth, it's concentration of land ownership. However did OWS miss this? We should confiscate this land and re-distribute it in 40 acre parcels to all those grads who majored in "University Studies" and now can't find a job. I just don't know where we are going to find all those mules.
Posted by: Hunter | Friday, November 04, 2011 at 01:00 PM
On a more serious note, if you read the LEDA application you will see that most of the tax revenue projected to be generated is actually due to taxing agencies other than Bernalillo County. The revenue stream at the completion of Phase I, whenever that might be, is only a fraction of the $2+ million promised in the pro formas. Typical developer tap dance.
Posted by: Hunter | Friday, November 04, 2011 at 01:04 PM
Hope you can give more details regarding these landowners. Thanks!!
Posted by: essays | Thursday, November 10, 2011 at 09:50 AM