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New Mexico Economic Development Department July Newsletter

Film Office Sets New Record- Again!!!!!

The New Mexico Film Office has wrapped FY17 reporting a total of $505 million in direct spending by film companies!  Congratulations to All!

Plateau – Serving the Llano Estacado and Beyond

Begun in 1949 as the Eastern New Mexico Rural (ENMR) Telephone Cooperative, Plateau now provides long distance service, business solutions, and high-speed fiber-optic Internet and television, serving 25,000 square miles.  95% of that coverage includes DSL.

To serve the demands of a faster-paced society, Plateau has invested in fiber-optic cabling and modern networking equipment.  Rural communities have more choices than ever before.  Every school in Plateau’s service area has fiber, as does every medical facility, library, public safety and government building.  Plateau has built a high capacity middle mile network which includes 672 anchor institutions and a presence in major POP’s such as Albuquerque, Santa Fe, El Paso, Amarillo and Lubbock.

Plateau provides voice services for business and residential customers; advanced data services for business and residential customers over fiber, copper and fixed wireless; and dedicated data circuits up to 10 Gbps (larger circuits can be accommodated by special request).

Today the company is providing the first residential Gigabit service in New Mexico.  It is available in the following cities: Clovis, Roswell, Tucumcari, Las Vegas, Edgewood, Moriarty, Estancia, Mountainair, Belen and Los Lunas.  For more information: www.plateaufiber.com

“In economic development you must be as patient as the day is long.” Tim Hagaman, Tribal Liaison & Community, Business & Rural Development Team, Region 4

Tim is a veteran of EDD and the Community, Business & Rural Development Team.  He has worked in several regions and currently makes his home in Springer, where he has an office provided by the community.   Since joining EDD Tim has been involved in a variety of community and business development projects.  He has friends in every town he serves.  They will tell you that, regardless of what you ask of him, Tim will find a way to help.

Tim is a history buff.  He owns and lives in the Mills Mansion in Springer.  One project he is especially proud of is the sale and future renovation of the historic Casteñada Hotel in Las Vegas because it has such great potential for the state and city.  The Castañeda was completed in 1898 by Fred Harvey, and was the first of the Harvey House chain of hotels.  It has been closed for about four decades.  In the days of train travel, La Castañeda, the Alvarado (in Albuquerque) and El Tovar, at the Grand Canyon, were the flagship hotels of the Southwest.

In 2014 La Castañeda and the Plaza Hotel were sold to Allan Affeldt, who restored La Posada in Winslow, Arizona.  Tim spent many months working with the City of Las Vegas to identify a funding source for the project.  When New Mexico programs were not a fit, California New Market Tax Credits provided the solution.  Construction will begin in September with $9 million in funding from Clearinghouse CDFI of California.

As a rural economic development professional, Tim likes to talk about succession planning with the businesses he serves.  These types of conversations led to the expansion of Mesa Pharmacy to Springer.  Filling prescriptions can be challenging in remote areas.

In a similar fashion, Tim helped Terry Kear, a longtime employee of Springer Ford, open his own auto service business. Terry’s business will create five new jobs in Springer.

It’s Summer Time – Get Out There!

Need a destination?  Check out Off the Road New Mexico, a unique resource to increase visitors and promote the historic and cultural attractions in 27 MainStreet and eight Arts & Cultural Districts.

Developed by New Mexico MainStreet, the website suggests weekend trips to explore our communities.  The website is a one-stop source for planning cultural excursions.  It features rich content created by a team of experts in historic preservation, tourism, and urban and community planning, who worked with each community to identify cultural and historic sites.

A map feature divides the state into nine distinct geographic regions.  Visitors interested in topics such as historic theaters, courthouses, or Victorian architecture, can search the website by subject.  There are more than 250 listings that are searchable using content categories such as Civic Buildings or Historic Hotels.  The website also allows visitors to select from more than 20 architectural styles including Art Deco, Pueblo, or WPA styles.

Join us in Angel Fire for the IDEA’s Summer Quarterly Meeting

New Mexico IDEA will hold its summer quarterly meeting at Angel Fire Resort on July 19-20 in conjunction with NMEDD’s Rural Economic Development Council.   Rooms are $91/night for the event when you mention, “New Mexico Economic Development Department.”  Follow the link or call 1.800.633.7463.  The IDEA meeting will begin at 9 AM on the 19th.  Topics of discussion include developing retail; MainStreet commercial district revitalization; the state of the State’s economy; and business incubation and acceleration programs.  There will be a tour of Enchanted Brewery and a reception following.  The Rural Council will meet on the 20th and all are welcome.  IDEA members attend free.  JOIN NOW.

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