• The 65-acre space, located across from Rust Medical Center, will feature a mix of retail and medical offices
  • There’s also talks to possibly incorporate multi-family homes and a hotel

 

The timeline when the Village at Rio Rancho breaks ground will be a bit later than initially expected.

The development project was originally scheduled to break ground on June 24, but it’s been pushed back. Bob Feinberg, senior vice president and principal of commercial developer Colliers International, said that ceremony will take place before mid-July, but the exact date still needs to be confirmed.

“We’re firming that up now,” Feinberg said.

Feinberg said there’s a bigger announcement related to the project that’s still to come, which prompted the delay. For now, he’s keeping further details on that announcement close to the vest.

The 65-acre space, located across from Rust Medical Center, will feature a mix of retail and medical offices. There’s also talks to possibly incorporate some multi-family homes and a hotel in that new space as well.

Feinberg said discussions with some retailers already began, but he can’t publicly announce specific names at this time.