YEARS AGO, IT WAS PROPOSED AS A POSSIBLE SITE FOR A DOWNTOWN ARENA. NOW, THE CITY OF ALBUQUERQUE IS HOPING TO BRING A DIFFERENT KIND OF DEVELOPMENT TO THE NORTHEAST CORNER OF FIRST AND CENTRAL. REBECCA VELARDE IS WITH THE CITY'S PLANNING DEPARTMENT. SHE SAYS IT'S CURRENTLY A SERVICE PARKING LOT, BUT CITY OFFICIALS THINK THERE'S A BETTER USE FOR THE SITE.
VELARDE TELLS 770 KKOB THE CITY IS NOW LOOKING FOR IDEAS FROM DEVELOPERS ON TURNING THE AREA INTO AN ENTERTAINMENT HUB. SHE SAYS THE CITY COULD OFFER THE PROPERTY FOR SALE, OR A LONG TERM LEASE.
