Featured in the Albuquerque Business First on October 16, 2025.
A national general merchandise and food store plans to open a location in a massive retail development on the University of New Mexico’s South Campus Tax Increment Development District.
Target plans to occupy a space in the approximately 350,000-square-foot Lobo Crossing Shopping Center, Environmental Planning Commission documents show. This Target would have a grocery store, too.
The EPC recommended approval of a zoning map amendment by a 5-1 vote to the City Council for the about 35-acre Lobo Crossing Shopping Center development in its Oct. 16 meeting. District 2 Commissioner Adrian Carver was the only commissioner that voted against the recommendation.
UNM requested the zoning map amendment so that the land will be properly zoned for the shopping center development upon selling the land to the center’s developer, Phoenix-based SimonCRE, EPC documents show.