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Innovate ABQ Selects Developer

Albuquerque, NM – July 1, 2015 Innovate ABQ will be entering into a 90-day due diligence agreement with Signet Development, Goodman Realty Group and Dekker Perich Sabatini for the development of Innovate ABQ at 101 Broadway NE in Albuquerque.

After 3 years of thoughtful and collaborative planning by UNM and STC, the City of Albuquerque, Nusenda Credit Union, and Bernalillo County, the Innovate ABQ board launched the RFP process April of this year. Submissions, due June 1st, were received from a number of developers and after several rounds of discussions with the finalists, the board unanimously chose the developer group led by Signet, The Goodman Group and Dekker/Perich/Sabatini.

The Signet group was selected because of their strong balance of local and national talent and experience with this type of project. They demonstrated an understanding and enthusiasm for the vision of Innovate ABQ, which was a significant factor in their selection: