As of July 1, Albuquerque property owners must register and maintain vacant buildings Downtown under a new city ordinance designed to reduce blight and boost economic activity.
Passed by City Council in January, the Downtown Vacant Premises Ordinance targets unused properties within a defined Downtown core area, where vacancy rates remain high and over 30% of land serves as surface parking. By enforcing registration and upkeep, the city aims to reactivate empty spaces, attract new businesses and revitalize the neighborhood for residents and visitors.
“The Vacant Premises Ordinance will help activate the empty buildings Downtown and allow new businesses to thrive,” said Mayor Tim Keller. “By working together, we can make the most of our Downtown Core and revitalize the area for residents to live, work and enjoy.”…