ALBUQUERQUE, N.M. (KRQE) – It’s an area home to eye-catching sites like Hotel Chaco, Sawmill Market, and Albuquerque’s Historic Old Town. And now, possibly a pair of chain hotels. But the plans are raising concern among some community members.
“I’m not sure this is the right fit,” said Maria Griego-Raby, Albuquerque Development Commission (ADC) member.
Developers say the site of this vacant office building within walking distance of Old Town and the Sawmill Market could bring in more tourists as a Hampton Inn and Home 2 Suites and they’re asking city leaders to support the project through a more than 40 million dollar industrial revenue bond (IRB), which would give the developers a tax break…