New details to be revealed on massive proposed BernCo development

By Stephanie Guzman, Reporter for Albuquerque Business First:

The next round of Santolina master planned development hearings are about to kick off this week.

Bernalillo County's planning commission has four meetings scheduled — the first starts April 27 and the last one lands on July 21.

The CPC, made up of seven members, will get a first look at Santolina's Level B plan, an application that outlines what is to be built on 4,243 acres of the entire 13,850-acre community southwest of Albuquerque. The master-planned community's Level A plan was approved last summer.

The Level B plan drills down into the details, which according to county staff reports, includes looking at land use and zoning, open space and the project's impact on transportation, the environment and services.

The first hearing is set to address transportation. The development's transportation plan considers what roads must be built between 2025 and 2040 to support the overall project.

Phases include the development of Paseo del Volcan and an I-40 interchange by 2040. There will also be proposed east to west roads within the development, which includes residential villages, an urban center, town center, open spaces and business and industrial parks.

How the developers will pay for these roadways remains to be seen.

Earlier this year, asset managers Western Albuquerque Land Holdings applied for a tax increment development district (TIDD) and public improvement district (PID) for the project — tax incentives used in many master-planned communities in the metro area. Click here to read the full article.