Will Netflix Really Benefit the Local Economy?This month Netflix announced its planned acquisition of ABQ Studios. Their expected capital investment to purchase and renovate the studios will be at least $30 million. The deal promises to bring $1 billion in production to New Mexico over the next decade, creating up to 1,000 production jobs a year.Considering the New Mexico economy …
The Business World Needs More Artists: Keshet Answers the CallPhoto Credit: Pat Berrett, Artists: Anat Shinar and Amal RogersYou may know Keshet Center for the Arts as a dance company. Their classes touch every social strata, with offerings for every age group and ability level, including dance for incarcerated youth and adaptive movement for the physically disabled. But Keshet is much …
Recent Impact Numbers Show Steady Growth in ABQWhen we say City Alive is a “collective impact initiative” – how do we quantify “impact”? As each of our leadership and community partners work toward more economic prosperity for Albuquerque, one of the best measures we have to gauge progress is economic statistics. Job growth, weekly wage and unemployment numbers are reliable …
Can a Business Have a Social Mission and Still Be Profitable? Kei & Molly Prove It’s PossibleKei Tsuzuki and Molly Luethi are local entrepreneurs who make beautiful textiles—but more than that, they’ve experienced enormous growth in two years without losing sight of their social mission.In 2016, when City Alive first interviewed them, the business had nine employees and a small …
Our Businesses Need to Reflect Our City’s Diversity By Synthia Jaramillo, Director of Economic Development, City of Albuquerque | September 27, 2018 As a state with a majority of people of color, we need to do things differently than everywhere else.Synthia Jaramillo, Director of Economic Development, CABQAlbuquerque’s rich history and cultural diversity are unrivaled—they are what make us special. And …
On Hispanic Heritage Month: The Complex Intersections of Race, Culture, History and Economy By Michelle Melendez, Director of Equity and Inclusion, City of Albuquerque | September 27, 2018 If we are to tackle the issues that are holding Hispanics back, we must start by questioning our own thinking, and by deconstructing the social construct and rebuilding systems that work for …
Three Sisters Kitchen: Boosting the Food Economy One Biscochito at a Time September 6, 2018 In Albuquerque, the food industry has potential to be a major economic driver, and is one of the most accessible entry points for minority entrepreneurs. City Alive’s Small Business Landscape Assessment report found food businesses have great scale-up potential, but the upfront costs remain the …
It’s Not Just Beer at Bow & Arrow: A Brewery Linking Indigenous Culture, Community September 4, 2018 The brewing industry brought in a reported $1.6 billion in economic output in 2016, and is only continuing to climb. According to the Beer Serves America impact study, there is a total 13,076 jobs connected to New Mexico’s beer sector, generating at total …
The Fastest Growing Industry in New Mexico Is Not Tech – It’s Home Health By Andrea Plaza, Executive Director, Encuentro New Mexico | August 14, 2018 How will the rise of home-based healthcare impact Albuquerque? In a scan completed by Next Street for City Alive, the home health industry was determined to be one of the most highly accessible due …
How to Boost Economic Prosperity: Hire an Intern By Tony Monfiletto, Future Focused Education Director | August 14, 2018 There is a new vision for prosperity in Albuquerque. It’s a vision that is clearly connected to investing in our people. From the Keller administration’s economic development plan that is cultivating community investment, to programs and initiatives across Albuquerque focused on …
