ALBUQUERQUE, N.M. – The Sawmill District is expanding again. City council approved a package for new luxury developments with $227.5 million in tax breaks, but not without push back from the community.
The industrial revenue bonds will bring in a new hotel, an extended stay suites and a multi-use apartment complex.
The city’s Economic Development Department says the project will create hundreds of construction jobs, bring at least 75 full-time and 40 part-time jobs, and generate over $16 million in net tax revenue…