Businesses Interested in Owning Space Invited to 1010 Central Avenue Development Meeting July 9

Los Alamos County Municipal Building, at right, and at far left, the site of the 1010 Central Avenue development project. Courtesy/LAC

BUSINESS News:

Do you have a retail, restaurant or end-consumer related business? Are you interested in owning your own business space, right in Downtown Los Alamos?

If so, you are invited to attend a meeting 3-4 p.m. Wednesday, July 9 at 160 Central Park Square to express your interest in space at a new development at 1010 Central Ave. The developer, Michael Vigil of MV Industries, Inc., will be present to answer questions.

Project background:

The site known as 1010 Central Avenue consists of 0.6 acres adjacent to the County’s Municipal Complex and the Bradbury Science Museum in the center of Los Alamos’ walkable downtown district. At a recent Los Alamos County Council work session, the Council advised staff to proceed to negotiate with a “second developer” on the 1010 Central Avenue project after negotiations with the Los Alamos Commerce and Development Corporation failed after two years.

Project Objectives:

The County has several key objectives related to this project.

  • ·To realize a project that implements the Downtown Element of the Comprehensive Plan and which adds to the mixed-use character and vibrancy of downtown
  • ·To provide increased shopping/entertainment/employment opportunities for citizens
  • ·To provide increased business opportunities for locally owned businesses
  • ·To generate additional revenue by selling land at appraised value
  • ·To return improved property to County tax rolls within three years

To register for Wednesday’s meeting, click here.

LOS ALAMOS

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