A proposed new $300 million arena in downtown Albuquerque is drawing some unexpected opposition from those who stand to benefit most from it: owners of downtown businesses.
A proposed new $300 million arena in downtown Albuquerque is drawing some unexpected opposition from those who stand to benefit most from it: owners of downtown businesses.
A report from KOB-TV on what business owners think about a proposed 12,000-seat arena — which is the subject of a market study, to the tune of $700,000 — shows many downtown business leaders in favor of the arena, which is slated to house concerts, events and possibly professional sports.
But, surprisingly, many business owners are speaking out against the proposed arena, saying it would, essentially, draw too many people to downtown Albuquerque. Too many people means too much traffic. And if there’s anything the laid-back residents of Albuquerque hate, it’s too much traffic.
