New Mexico

Rio Rancho officials break ground for new grocery store

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RIO RANCHO, N.M. – The empty lot throughout from Presbyterian Rust Campus in Rio Rancho goes to look loads completely different in just a few years. 

Referred to as the Unser gateway, the realm serves each Rio Rancho and northern Albuquerque. In the previous few years individuals have seen just a few new outlets and eating places pop up, however quickly there can be a growth in building. 

On Wednesday, metropolis officers held a groundbreaking ceremony for the primary new tenant transferring in to the “Villlage at Rio Rancho,” which can be a grocery retailer.

“We wanted this kind of developments in Rio Rancho to draw enterprise from the Albuquerque space into the Rio Rancho space,” Rio Rancho Mayor Gregg Hull mentioned. 

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The brand new grocery retailer can be a “Market Road” – a high-end grocery retailer operated by Albertson’s Market. This chain is new to the metro however has one New Mexico location up in Santa Fe. 

This new retailer will deliver extra than simply new buying choices it’s going to additionally herald jobs. 

“We’re going to add roughly 300 new jobs to Rio Rancho at this location proper right here so we’re excited to offer again to the group,” President of United Household, the operators of Albertson’s and Market Road. 

And with extra jobs comes extra commerce in Rio Rancho, relatively than down the hill. 

“One factor we’ve at all times struggled with in Rio Rancho is what we name retail leakage, simply individuals spending their cash in Albuquerque relatively than right here in Rio Rancho and this may go an extended technique to holding Rio Rancho residents in Rio Rancho,” Hull mentioned. 

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Market Road is anticipated to open their doorways in fall 2023.



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