Charting Albuquerque’s Economic Journey: Insights from AREA’s New Documentary

The Albuquerque Regional Economic Alliance (AREA) has unveiled a compelling new short documentary, “The Evolution and Future Path of Greater Albuquerque’s Economy,” offering REALTORS® and business professionals an in-depth look at the region's economic transformation and future prospects.

This documentary traces Albuquerque's journey from its agrarian roots to becoming a hub for top-secret research during the atomic era, and now, a burgeoning center for film production and renewable energy investments. It highlights the pivotal moments and decisions that have shaped the city's economic landscape, providing valuable context for those involved in real estate and development.

A key takeaway from the film is the emphasis on creating opportunities for young professionals. Danielle Chavez, Manager of Revel Entertainment, notes, “What excites me most about the growing industries is that they appeal to young people. We see local universities investing in these fields, and I think it’s important to have job opportunities for students when they graduate.” 

For REALTORS®, understanding these economic shifts is crucial. The documentary aligns with AREA’s strategic initiatives, such as the AREA 1.0 Strategic Plan, which focuses on establishing a national identity for Albuquerque, attracting and retaining talent, and breaking down barriers to regional competitiveness. 

Viewing the documentary can help REALTORS® gain insights into the factors driving Albuquerque's growth, enabling them to better serve clients and contribute to the region's development.

To learn more, visit AREA’s Strategic Plan – A Call to Action