Skip to content
Albuquerque Meetings

City Council, August 17, 2026

Approves Industrial Revenue Bond for Dreamcatcher Sawmill Hotel, 8-1

5h 20m45,529 words
76 mentionsapprovedland usezoningpublic hearingdeferredindustrialvarianceresidentialconditional usedeniedcommercialdensityplatcomprehensive plansubdivisionAlbuquerque, NM
View agenda
Just researching this meeting? Get free Albuquerque alerts

What happened

The Albuquerque City Council approved four economic development LEDA/IRB projects: the $40.5M Dreamcatcher Sawmill Hotel IRB (O38, approved 8-1), and LEDA awards for Securin cybersecurity (O52, unanimous), Quantinium quantum computing (O53, unanimous), and BlackVee satellite manu…

Meeting key facts
Jurisdiction
Albuquerque, NM
Governing body
Final authority
Date
August 17, 2026
Decisions
13 zoning decisions
Outcome
Approved, 8-1

Projects in this meeting (1)

Appeal of ZHE approval of overnight shelter

Denied 7-1

Free sample: decision 1 of 13

Veto override of R2630 city attorney charter amendment

Vice President Champagne moved to override the mayor's veto of R2630, a proposition amending Article 5, Section 4 of the city charter concerning the city attorney's independence and removal. The override motion failed 4-5. Councilor Baca stated he would vote to uphold the veto.

The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.

Meeting Summary

The Albuquerque City Council approved four economic development LEDA/IRB projects: the $40.5M Dreamcatcher Sawmill Hotel IRB (O38, approved 8-1), and LEDA awards for Securin cybersecurity (O52, unanimous), Quantinium quantum computing (O53, unanimous), and BlackVee satellite manu…

Get email alerts for new Albuquerque meetings

Key Decisions (13)

Other

Veto override of R2630 city attorney charter amendment

Vote: 4-5
Approved

Industrial Revenue Bond for Dreamcatcher Sawmill Hotel

Vote: 8-1Conditions attached
Approved

LEDA project for Securin Inc.

Vote: passedConditions attached
Approved

LEDA project for Quantinuum Continuum LLC

Vote: unanimousConditions attached
Approved

LEDA project for BlackVee Inc.

Vote: unanimousConditions attached
Other

Appeal of ZHE approval of overnight shelter conditional use at 2300 Yale Blvd SE

Vote: 7-1
Approved

Development agreement for Uptown Connect affordable housing project

Vote: passed
Approved

Amendment to public purchases ordinance re: social services definition

Vote: passed
Approved

Zone map amendment at 6000 Alexander Blvd NE

Vote: passed
Approved

Amendment to city attorney and legal department ordinance

Vote: 6-2
Approved

Amendment to budget proposal ordinance

Vote: 8-0
Deferred

Capital outlay funding for Cottages at 161 Chama affordable housing

Vote: passed
Approved

Water project fund grant agreement

Vote: passed

Zoning Changes (1)

NR-SUNR-LMapproximately 165 acres

Development Activity (7)

Dreamcatcher Sawmill Hotel

Commercial

Securin cybersecurity facility

Commercial

Quantinuum quantum computing R&D center

Industrial

Market Signals (6)

Commercial Demand

Strong demand for mid-scale hotel lodging in the Old Town/Sawmill…

Commercial Demand

Albuquerque is positioning as a hub for quantum computing, aerospace/defense,…

Housing Demand

Acute demand for deeply affordable housing (below 40% AMI) with…

Who Spoke (40)

StaffClerkApplicant · 3Applicant's RepPublic

On the record: a staff member, the clerk, 3 applicants, the applicant's representative, and a member of the public.

Agenda scorecard

Meeting Intelligence Preview

Ask this meeting anything

Ask who voted, what conditions passed, and what staff recommended for "City Council - 2026-08-17", with every answer cited to the transcript. Included with Pro.

Learn about Meeting Q&A

Get every Albuquerque meeting with full decisions, votes, and zoning details, within hours of each session.

Just want to know when new Albuquerque meetings are posted? Get free email alerts below.

Follow Albuquerque

Get the agenda when a meeting is posted, plus decision and analysis alerts.

We'll email you a 6-digit code, no password.

or