ALBUQUERQUE-Hunt Development Group LP has opened its office in Albuquerque to pursue developments in New Mexico and rest of the Southwest. The company currently has about $650 million of developments in various stages in the region, with the new office staff hoping to boost it $750 million in the next year.

“Our focus is private projects versus military construction, which is another component of the company,” explains James Dobbie, Hunt's SVP. Dobbie, a long-time Albuquerque resident who was once an officer with local firm, Goodman Realty Group, is partnering with Hunt's VP Trenton Stafford, who was with Bank of Albuquerque. Together, with the help of administrative staff, they will develop what Dobbie classifies as “community-defining projects.”

One project is the $200-million, 33-acre ABQ Uptown, a mixed-use lifestyle center at the intersection of Indian School Rd. and Louisiana Blvd. ABQ Uptown is the city's first lifestyle center. Dekker/Perich/Sabatini Ltd. of Albuquerque was the project architect, and Bradbury Stamm, also local, is building it.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.