SANTA FE — New Mexico MainStreet (NMMS) and the New Mexico Department of Economic Development (NMEDD) announced Friday that $2.5 million has been awarded for revitalization projects in 13 NMMS districts.
The NMMS Public Infrastructure Capital Expenditure Program provides funds for upgrades in a targeted public investment area.
Projects must be an economic driver, demonstrate their impact on the local economy, improve the look and functionality of the neighborhood, create connectors, and engage local homeowners and business owners.
“The capital expenditure program is a critical component of economic redevelopment and supports the revitalization of rural and urban communities across the state,” said Economic Development Secretary Alicia J. Keyes.
NMMS Director Daniel Gutierrez said, “Legislature capital expenditure appropriations allow New Mexico MainStreet to fund priority construction-ready projects from our pipeline and directly support economic growth, real estate renovation, business development and job creation in downtown areas.
When completed, capital expenditure projects have a positive impact by increasing foot traffic and business expansion by 60% and reducing building vacancy rates by 70%. Rural districts can leverage these public funds to invest in economic redevelopment while providing essential services to the community.
Funded projects include:
- Carlsbad MainStreet Arts and Culture District – Cultural Economic Development Plan: $40,000
“We are thrilled to receive funding from Capital Outlay Public Infrastructure for our Arts and Culture District’s Cultural Economic Development Plan! This plan is the final step in our district becoming state licensed and we are excited to begin this process,” said Kat Davis, executive director of Carlsbad MainStreet.
- Clovis MainStreet – Construction documents for the Mini Great Blocks project: $55,000
“Clovis MainStreet is grateful to receive capital funding to start our Great Blocks project. This project will improve public infrastructure and increase the economic vitality of our downtown,” said Lisa Pellegrino-Spear, General Manager of Clovis MainStreet.
- Corrales MainStreet Arts & Cultural District – Cultural Economic Development Plan: $40,000
“Corrales MainStreet is thrilled to receive these funds which will allow us to move forward with the licensing process for our Arts and Culture District,” said Angela Gutierrez, Executive Director of Corrales MainStreet.
- Gallup MainStreet Arts & Cultural District – Coal Avenue Commons Alleyways Project: $100,000
“Gallup MainStreet Arts & Cultural District and the City of Gallup are thrilled to receive this support. The Coal Avenue Commons Alley Improvement Project is an extension of the Coal Avenue Commons Project, which completed Phase I last summer. This project will make the lane on the south side of Coal Avenue safe and pedestrian friendly. It will also address drainage and flooding issues and tie in with improvements to the walkway that connects the parking lot on Aztec to Coal Avenues,” said Michael Bulloch, Gallup MainStreet Acting Executive Director.
- Las Vegas MainStreet – Large Blocks of Historic Railroad District on MainStreet Project: $352,000
“We are delighted to receive this additional funding, especially with the recent increase in construction costs. We look forward to construction beginning this spring,” said Reina Fernandez, chair of the board of MainStreet of Las Vegas.
- Mora MainStreet – Mora Plaza Kiosk Project: $56,500
“Mora MainStreet is thrilled to be included in the NMMS capital expenditure funding. This project will have a significant impact on the community, benefiting tourists and residents alike,” said Anita Moss, Mora Board Chair. MainStreet.
- Nob Hill Main Street – Main Street Lighting Project: $157,000
“Nob Hill MainStreet is extremely grateful to receive support for our lighting project. Not only will this improve walking and public safety, but it will also bring East and West Nob Hill together as one unified district,” said said Nob Hill MainStreet executive director Valerie Osbourn.
- Raton MainStreet – Phase I of the Raton Historic Railroad Depot Preservation Project: $270,900
“Raton MainStreet is so excited for supporting this project. The Historic Railroad Depot project will enhance our downtown area and ensure visitors arriving by train, bus or car know they have arrived in downtown Raton,” said Raton MainStreet General Manager Brenda Ferri.
- Santa Rosa MainStreet – Community Crossroads Route 66 Great Blocks Project: $110,000
“Santa Rosa Main Street is excited to begin the first phase of planning for the community hub on the road. 66 project. Thanks to New Mexico Mainstreet for their support. This project will have a huge impact on downtown businesses, local residents and visitors,” said Chantel Lovato, General Manager of Santa Rosa MainStreet.
- Silver City MainStreet – Silco Theater Building Upgrades: $125,000
“Silver City MainStreet is grateful for this funding which will help improve the viability and sustainability of the historic Silco Theater. By making the theater a true community space for movies, events and shows, the economic vitality of downtown Silver City will increase, making Silver City the place to be and live,” said Charmeine Wait, executive director of Silver City MainStreet.
- South Valley MainStreet Project – Dolores Huerta Gateway Park: $473,600
“South Valley MainStreet is extremely excited and grateful for this award! Since 2017, we have worked in partnership with community members, Bernalillo County, New MainStreet, and our legislative representatives to develop a community vision and construction-ready documents to redevelop Dolores Huerta Gateway Park. We will be able to redevelop an important community gathering space in the South Albuquerque Valley and develop opportunities for the La Familia Farmers Market, farmers, food trucks, craft vendors, musicians, small businesses and community members,” Bianca Encinias, executive director of South Valley MainStreet, said.
- MainStreet Truth or Consequences – Foch Street Large Blocks Project: $320,000
“We are delighted that the City of Truth or Consequences has received this important funding for the rue Foch project. This project will go a long way in beautifying the heart of our historic hot springs district, making it even more enjoyable for residents and visitors alike,” said MainStreet T or C Chairman John Masterson.
- Tucumcari MainStreet – Large Blocks Phase I & II Completion Project: $400,000
“Tucumcari MainStreet is grateful to receive capital expenditure funding from New Mexico MainStreet for our Great Blocks on MainStreet project and we are excited to continue working on this project which invigorates our downtown neighborhood,” said Connie Loveland, executive director of Tucumcari MainStreet.
NMEDD and NMMS are requesting $10 million in the 2022 legislative session for the capital expenditure program. The NMMS priority infrastructure pipeline currently has 12 MainStreet projects with a funding cap totaling $13.5 million. For more information on the capital expenditure program, go to NMMS website.
The number of projects awarded each year depends on the Legislative Assembly’s annual allocation to the NMMS capital expenditure program. Capital expenditure funds are used to leverage other local, state, corporate, and foundation funds to fully fund projects. Projects are selected through a competitive application process and based on an adopted master plan, cultural economic development plan or metropolitan redevelopment area plan.