devxlogo

Rio Rancho’s rapid commercial growth continues

Rio Rancho’s rapid commercial growth continues

Rapid Commercial Growth

The commercial landscape of Rio Rancho, New Mexico, is experiencing rapid changes. New businesses like the upcoming Chicken Salad Chick restaurant are sprouting up, while established chains like Starbucks explore expansion options.

Local policies are shifting to support this growth, and a previously undeveloped land near the Presbyterian Rust Medical Center is under plans for considerable expansion. The space will be transformed into a modern, multifunctional complex, offering new amenities and enhanced medical services to Rio Rancho residents.

The center of this development will be ‘The Village,’ a retail center that includes a high-end grocery store– ‘Market Street,’ managed by Albertsons. Green spaces for community events and a state-of-the-art fitness center round out the plans, promising a vibrant, community-based experience for residents.

Despite setbacks caused by the Covid-19 pandemic, developers remain hopeful for a bright future.

Keeping pace with Rio Rancho’s commercial expansion

The goal is to create a unique vibe within ‘The Village,’ that feels like a genuine community marketplace, promising socializing and event spaces.

The introduction of Furniture Row and additional retail options promises to boost not only shopping options but also job opportunities, greatly supporting the local economy and community.

The project is already drawing interest from national chains and local businesses to fill the available retail space. The specifics about these facilities have yet to be disclosed, but the project promises to significantly enhance the commercial vibrancy of Rio Rancho.

The city also plans to develop Unser and Paseo del Norte roads, adding additional lanes, and introducing traffic management systems to enhance road safety. Green modes of transportation, such as bike lanes and pedestrian pathways, are also expected to be part of this development phase, promoting greener commuting methods.

See also  Vibrant Event Celebrates Diversity in Black Entrepreneurship

These changes are setting the stage for a commercial revolution in Rio Rancho, shaping the city into a vibrant hub for commerce in New Mexico. While the process may take time, the ripple effects on local businesses, economy, and quality of life are projected to be substantial.

devxblackblue

About Our Editorial Process

At DevX, we’re dedicated to tech entrepreneurship. Our team closely follows industry shifts, new products, AI breakthroughs, technology trends, and funding announcements. Articles undergo thorough editing to ensure accuracy and clarity, reflecting DevX’s style and supporting entrepreneurs in the tech sphere.

See our full editorial policy.

About Our Journalist