Growing business in established areas of Rio Rancho will be a focus over the next year, Mayor Gregg Hull says.
Hull outlined his economic plans for the coming year before the Rio Rancho Roundtable, which is affiliated with the commercial real estate development association NAIOP New Mexico.
Hull said the city had 1,195 announced or added jobs in 2014. S&P Data, Alliance Data and Intersections Inc. accounted for the bulk of the new jobs. S&P Data, which opened its Rio Rancho location in November, stood tallest at 425 announced jobs, with Alliance Data at 200 jobs and Intersections, Inc. with 180.
“When we get companies like S&P Data that say, ‘Well, once again, this didn’t necessarily fit our model, this wasn’t necessarily what we were looking for,’… Rio Rancho worked hard to get them here and tell them they made the right choice, and they’re starting to realize that it was the right choice,” Hull said. “We want to create more opportunities for them to expand and grow in the community and become a major partner with the community as they grow.”
Hull said there are plans to redevelop and establish new businesses in established areas, including Hilltop Plaza and the Rio Rancho Shopping Center.