Site icon Polvadera Chiles and New Mexico News

Behind the scenes: What went into the city council's approval of the Orion Center lease?

When Albuquerque city councilorsa 30- to 50-year approved a proposed land lease and development agreement for the Orion Center with Theia Group, their decision was unanimous.

It passed on an 8-0 vote on April 19, 2021, giving Mayor Tim Keller’s administration permission to finalize the agreement. According to the letter of intent between the city and Theia Group from 2020, the lease needed to be signed by Theia Group and Albuquerque’s chief administrative officer, Sarita Nair, to become active.

So,…

Source: The Business Journal

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