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Albuquerque City Council approves tax incentive for Sawmill development

Summary by KRQE News 13
ALBUQUERQUE, N.M. (KRQE) – Albuquerque city councilors approved a major tax incentive to spur the growth of housing and hospitality in the Sawmill District near Old Town. The plan is the work of the Heritage Group, which was also behind the nearby Sawmill Market and Hotel Chaco. The new development near Rio Grande Blvd. and I-40 is slated to include three major facilities: the 115-room Sawmill Hotel, an extended-stay housing complex called the C…

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Grand Forks Herald broke the news in on Monday, June 16, 2025.
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