Featured in Albuquerque Business First on June 1, 2026.

Those behind the Lobo Crossing development at the University of New Mexico South Campus gathered Friday at The Pit Powered by Nusenda for a reception to celebrate the project — the largest of its size in in the Albuquerque metro in more than two decades.

The project is a development south of The Pit, along Gibson Boulevard. Anchored by Target, the retail project will have national and local brands leasing retail and restaurant units, including Albuquerque's first In-N-Out Burger location.

Joshua Simon, president of Simon CRE, the project's developer, addressed the crowd.

“This is not just another retail project for us or for the city,” he said. “A project of this scale has not happened in Albuquerque for over 20 years — and candidly, very few projects are built across the country right now at this scope.”

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