Market Moment – Sept 8, 2020
Hope everyone enjoyed their Labor Day Holiday whether you relaxed, did home projects, or got out and enjoyed our New Mexico Weather.
This week my market update is about the Unser Gateway. This area is a focused growth point for home builders and commercial development. The anchor being Rust Medical Center and the growth of additional medical offices and services around it. Commercial development continues growing at the Unser Pavilion with the recent opening of Dutch Brothers Coffee and the Joe Harris Elementary School.
The Los Diamontes Neighborhood and Commercial area, near Joe Harris Elementary, is improving infrastructure along Wellspring Blvd, West of Unser Blvd. This development will be 174 Acres, have 578 Residential Lots and 36 acres of Business Park area. The residential builders will be Pulte Homes and Dr Horton Homes. Phase One will be 244 residential lots, beginning in 2021.
Keep your eyes on the area as Rust continues to build their Second Tower, adding additional medical offices and the soon to open medical rehab center on Westside Blvd.