Featured in UNM News on April 8, 2026.

The University of New Mexico has finalized an agreement for Lobo Crossing, allowing SimonCRE, a Phoenix-based commercial real estate developer, to move forward with the purchase of 38 acres of university-owned land near UNM’s sports facilities for the development.

“Lobo Crossing reflects The University of New Mexico’s commitment to strengthening communities and expanding opportunity across our state,” said UNM President Garnett S. Stokes. “This development brings essential services, drives economic growth, and advances our vision for a vibrant South Campus that serves students, neighbors and all of Albuquerque.”

Lobo Crossing will be the first major multi-tenant retail center built in the metropolitan area in more than 20 years. The project will bring much-needed retail, grocery, and dining options to a significantly underserved area of the city. Renderings show a walkable, open-air environment with integrated pedestrian pathways, gathering spaces and a modern retail layout that complements the surrounding campus and athletics facilities.

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