A group devoted to economic development in New Mexico has received funding out of Washington for the upgrading of an historic structure in residential Santa Fe.
The North Central New Mexico Economic Development District is devoted to spurring community development projects in the northern counties of the state.
The organization’s headquarters are located at 644 Don Gaspar Avenue in a two-story, more than 75-year-old structure. The group, which some years ago had its offices on the campus of the College of Santa Fe, was formed in 1967.
The Don Gaspar building, a former residence, has been used as office space for any number of businesses and organizations in recent decades. The structure is within the borders of the Don Gaspar Historic District.
A grant coming from the federal Commerce Department totaling $1.3 million will now allow for the renovation and upgrading of the Don Gaspar Avenue structure.
In announcing the funding, Commerce Secretary Gina Raimondo characterized the grant as an investment spurring the efforts of the Development District in “supporting economic opportunity and growth for the future.”
In a statement, Governor Michelle Lujan Grisham predicted that the new Don Gaspar offices for the Development District will prove a “beacon of progress, offering vital resources to local governments, fostering innovation, entrepreneurship, and prosperity across our communities.”
By Garry Boulard