Posts Tagged ‘Hotel Encanto de Las Cruces’

Article courtesy of the Las Cruces Sun-News

By Brook Stockberger/Business Editor

How difficult is economic development in southern New Mexico? For one thing, liqueur licenses are too expensive, some with purchase prices as high as $700,000, said Mike Espiritu, executive director of the Otero County Economic Development Council.

“I cannot get a grocery store in Alamogordo because of the price of a liqueur license,” Espiritu said. “A liqueur license is an economic development issue, (but) the legislation hasn’t been changed since the early 1980s.”

Davin Lopez, CEO and president of the Mesilla Valley Economic Development Alliance said that competition is intensifying in the Southwest.

“Arizona has put its flag in the sand and said, ‘We’re back in business,’” Lopez said. “And, on the other side, we have Texas (working hard.)”

So what should the state with the lowest population in the Southwest do to build momentum in job creation? Here in southern New Mexico, a spirit of cooperation has taken hold among competitors. And while it’s not exactly Macy and Gimble shaking hands in “Miracle on 34th Street,” Lopez, Espiritu and John Mulcahy, executive director of the Sierra County Economic Development Organization, have made the effort to work together for the good of the region.

The three men spoke about economic development during MVEDA’s monthly luncheon on Tuesday at Hotel Encanto de Las Cruces.

“We devote time to regional development,” Lopez said. “While I’d rather not lose a deal, I’d want to lose it to these guys rather than Arizona or Texas.”

Lopez said that MVEDA has recently finished one of its best fiscal years ever for capital investment and in other areas. Still, there is a lot of work to be accomplished, including efforts for Spaceport America.

“Virgin Galactic has been using our office for a series of companies they’ve been meeting with,” Lopez said.

“Davin and I have been working on spaceport needs,” Mulcahy said. “We met with contractors last week.”

Brook Stockberger can be reached at (575) 541-5457

The September MVEDA Business on the Border Forum will feature a Southern New Mexico economic development update.  A panel of regional economic development professionals will discuss recent changes in the area’s economy. The meeting will be held on Tuesday, September 6, 2011 from 11:30 AM until 1:00 PM at the Hotel Encanto de Las Cruces, 705 S. Telshor. The meeting will begin with a hot entree buffet.

Featured panelists will include:

Davin Lopez is the President/CEO of the Mesilla Valley Economic Development Alliance (MVEDA), in Las Cruces, New Mexico.  Davin serves on the board of directors of New Mexico Partnership, the private economic development business attraction arm of the State of New Mexico.

John Mulcahy is the Executive Director of the Sierra County Economic Development Organization (SCEDO) in Truth or Consequences, New Mexico. John is currently the Co-Chairman of the Spaceport America Regional Economic Development Group working with Dona Ana County and the Spaceport America Director and staff.

Mike Espiritu is the President/CEO of the Otero County Economic Development Council (OECDC) and the Alamogordo Chamber of Commerce in Alamogordo, New Mexico. Mike serves on the board of directors of the New Mexico Industrial Development Executives Association (NMIDEA).

Luncheon cost is $20.00 per person, payable by cash, check or major credit card. Due to space limitations, reservations are required. Please confirm your attendance no later than Thursday, September 1 by sending an email to rsvp@mveda.com or by calling the office at (575) 525-2852. The meeting is open to the public.

The September MVEDA Business on the Border Forum will feature a Southern New Mexico economic development update. A panel consisting of Davin Lopez, CEO of the Mesilla Valley Economic Development Alliance, John Mulcahy, Executive Director of the Sierra County Economic Development Organization, and Mike Espiritu, Executive Director of the Otero County Economic Development Council, will discuss recent changes in the area’s economy. The meeting will be held on Tuesday, September 6, 2011 from 11:30 AM until 1:00 PM at the Hotel Encanto de Las Cruces, 705 S. Telshor. The meeting will begin with a hot entree buffet.

Luncheon cost is $20.00 per person, payable by cash, check or major credit card. Due to space limitations, reservations are required. Please confirm your attendance no later than Thursday, September 1 by sending an email to rsvp@mveda.com or by calling the office at (575) 525-2852. The meeting is open to the public.

Article courtesy of the Las Cruces Sun-News

By Brook Stockberger/Sun-News Business Editor

LAS CRUCES – Manufacturing is not dead. That was the message Davin Lopez, president and CEO of the Mesilla Valley Economic Development Alliance, gave a breakfast audience at Hotel Encanto de Las Cruces on Thursday. MVEDA’s annual breakfast allows the private/public entity to give report for the recently completely fiscal year.

“It’s a tough time to talk about the economy,” Lopez said. “(And) we’ve been feeling it for the last couple of years.”

Still, the economic development group reports that lead development remains strong and there has been a “significant” jump in terms of manufacturing.

“Almost 45-percent of our leads are in manufacturing and logistics,” Lopez said. “We are hearing that heavy manufacturing is coming back to America.”

He pointed to the addition of Alaska Structures at the West Mesa Industrial Complex. The Anchorage-based company which makes shelters for the military as well as commercial customers, moved into a 184,000-square foot building that used to house Rea Magnet Wire, and also uses about 100,000 square feet at the previously empty building at 8500 Mountain Vista Parkway where Parkview Metal Products used to reside.

“If you think back 12 to 18 months ago, think of all those facilities sitting vacant,” Lopez said.  In fact, he said the Las Cruces area could use more spec buildings. “The biggest challenge we have going forward is we need more buildings,” Lopez said.

In addition, capital investment has jumped considerably in Dona Ana County, spurred by the recently begun Union Pacific Railroad project in Santa Teresa, but also ahead of the pace of the past several years even without Union Pacific.

New officers

Gary Lenzo with Century Bank is MVEDA’s chairman of the board as the new fiscal year begins, stepping in for Citizen’s Bank’s George Ruth, who will now serve as past chairman of the board.  ”I have some big shoes to fill,” Lenzo said.

In addition to Lenzo and Ruth, other officers include: Vice Chair Kiel Hoffman, Pioneer Bank; Secretary Dolores Connor, City Councilor; Treasurer Jim McGonnell, Memorial Medical Center; Executive Committee Member at Large Jack Darnall, Verde Realty.

Bryn Davis, New Mexico operations manager for Sapphire Energy and former past chairman of the board, was presented with a special award for all the work he has performed for MVEDA through the years.  ”I know I’m on the phone with him a lot,” Lenzo said.

Brook Stockberger can be reached at (575) 541-5457.

Robert Garza

Article courtesy of the Las Cruces Bulletin

By Richard Coltharp

For City Manager Robert Garza, helping guide Las Cruces in the right direction regarding economic development is a little like driving a car cross country.

You have to keep an eye on the gauges of your dashboard.

Garza spoke Tuesday, Aug. 2, at the monthly Business on the Border luncheon presented by the Mesilla Valley Economic Development Alliance at Hotel Encanto de Las Cruces. Also speaking was Chuck McMahon, the economic liaison for Doña Ana County.

Garza said he is regularly apprised of several key indicators he calls his “economic dashboard.” They include non-farm payroll, unemployment rates, single-family building permits, permit valuation, the city’s general fund and total permitted value.

Everyone’s aware of the recession of the last few years, and the city’s gauges reflect that downturn. Some of the indicators show Las Cruces and the El Paso area have rebounded better than the rest of New Mexico.

But the key from the city’s perspective is gross receipts tax (GRT).

“When people have money, they buy things,” Garza said. “And that’s our bread and butter.”

Just five years ago, in 2006, the city’s GRT revenue saw a 13.4 percent increase. The number slid the next three years: 7.2 percent in 2007, 5.8 percent in 2008 and -3.4 percent in 2009. But 2010 and 2011 saw slight rebounds, to 0.8 and 1.7 percent, respectively.

“So the question became, ‘Why was it not going back down again?’” Garza said. “And the answer was this: public construction.”

Major public projects, such as the new Las Cruces City Hall, the Las Cruces Aquatic Center and the Las Cruces Convention Center, the past few years infused life into the GRT.

Fiscal year 2010 saw $91 million in public construction, and fiscal year 2011 saw $89.9 million. Fiscal year 2012 was scheduled to see $31.5 million and for a GRT forecast of 1.3 percent growth.

Without the public projects, the GRT of 2010 and 2011 would have been in the negative, Garza said.

“Those public projects were artificially putting money in our coffers,” he said.

While much of the private economy remained in a holding pattern, the city found a way to create another construction vitamin.

With the benefit of some bonds and some planning, the city was able to fund $73.6 million in capital improvements through fiscal year 2012.

“Now, we add that to the $31 million,” Garza said. The number becomes $104.6 million higher than in 2010 and 2011.

While the side effect may be a boost to the GRT, the tangible results will be capital improvements to city infrastructure. About half the projects are rehabilitation and half are new, Garza said. They include work on the airport, facilities, parks and recreation, drainage, gas, water, wastewater and streets, specifically streets providing access to the new Centennial High School on Dripping Springs Road.

Those improvements also play a role in job creation, Garza said.

“Some people come here because they get a great job here,” he said. “Others come because of the quality of life.”

Job creation, Garza said, comes from three areas: expanding existing companies, attracting new companies and enhancing collaboration.

“Eighty percent of jobs are added one by one,” Garza said of the importance of expanding existing companies.

One benefit, he said, is the revitalization of existing areas, citing Downtown Main Street as an example as well as improvements to the University Avenue corridor and plans for El Paseo Road and Picacho Avenue.

He also recognized ways the city can better facilitate speed and timing for developers in construction.

“Our permitting and inspecting process needs to be cleaner,” he said. “In too many cases, we’ve got different eyes looking at the same things. I know it’s a problem. And we’re working on it.”

McMahon cited an instance where the county’s collaboration with the city has helped facilitate projects.

“NRG Solar is putting 250,000 solar panels up on the West Mesa,” McMahon said. “The county implemented a commercial property exemption for the first 10 years of the company’s 25-year agreement. That will help them make progress sooner.

“The county also supports the (Tax Incremental Development District),” McMahon said of the incremental tax downtown property owners are paying that will go exclusively toward revitalization in that area.

Other county projects include $6 million for an arsenic treatment facility in Santa Teresa, and an agreement with the New Mexico Spaceport Authority and Sierra County for 25 miles of road from Upham at Interstate 25 to the Spaceport America. Doña Ana has agreed to fund the survey, alignment, design and drainage.

One hitch for the road, Mc Mahon said, could be environmental clearance. Because the road would be adjacent to the historical El Camino Real, extra care must be taken to avoid damage.

“It could take months, it could take years,” McMahon said. “In general fiscal terms, the county is in good shape. We’ll be ending the year with very healthy cash reserves. We have three times the legal required amount. We’re required to have $11 million, and we have three times that.”

Garza said the city is also in good shape financially. He acknowledged the city can no longer depend on once-flowing funds from federal and state sources, but they have adjusted accordingly.

“We have one threat,” Garza said. “That’s the hold harmless clause on food and medical tax.”

When the state eliminated the tax on food and medicine that instantly reduced GRT for municipalities. So the state instituted the hold harmless clause, basically a payment to offset what municipalities lost.

“We face the constant threat of (the state’s) trying to repeal that,” he said. “If they do it, is it going to crash the plane? No. Will it hurt us? Yes. But if they do it slowly, incrementally, then we can adjust over time.”