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County approves IRB for new Sawmill District development

Bernalillo County commissioners approved $10 million in industrial revenue bonds to develop a new market in the Sawmill District development near Old Town.

 Sawmill Bellamah Properties will use the IRBs to develop a new shopping and dining market in the Sawmill District, near Interstate 40 and Rio Grande Boulevard. The IRBs will provide the capital for land, construction, development costs, design and engineering work. The new project is expected to create up to 162 new jobs, according to the…

Source: The Business Journal

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