Home › News ›

Albuquerque's New Urbanist Hot-Spot-To-Be

Posted by: Abhijeet Chavan
Thanks to: Ken Hughes
10 March 2005 - 2:00pm

Albuquerque's EDO, or East Downtown, a New Urbanist redevelopment, could be one the nation's upcoming hot areas.

"Plans call for it to become an 'urban village' -- a pedestrian-friendly area with wider sidewalks, on-street parking and main street designs that create slower traffic. Albuquerque joined Downtown Detroit; Del Ray, Va.; Coeur d'Alene, Idaho; and the Red Hook section of Brooklyn as the top five "areas in the United States we feel have the greatest potential upswing in real estate values," said Barbara Corcoran, a real estate consulting firm.

Full Story: City's coming hot spot: EDO
Source: The Albuquerque Tribune, March 5, 2005
»
Bookmark and Share
“
The increasing size and affluence of North America's multicultural community also defines the biggest growth segment for homebuilders and remodelers.
”