ALBUQUERQUE, NM – MDS Funding, LLC, a New Mexico-based company, announced today it has acquired the 2,792-acre Mesa del Sol master planned community of residential and commercial properties. MDS Funding, LLC was established for the purpose of directing Mesa del Sol and includes New Mexico business leaders Steven B. Chavez, Rudy Guzman, and Texas-based businessmen Eric Wieser, M.D. and Dustin Ritchey.
“Mesa del Sol is key to Albuquerque’s long term development plan,” says MDS Funding, LLC’s leader Steven B. Chavez. The initial vision for Mesa del Sol was a creative and viable master-planned community for its time; however, the declining economy and numerous other factors did not allow for the execution of the vision. We have a team that is focused on renewed economic development in Albuquerque and determined to realize Mesa del Sol as a safe, smart and sustainable community.”
Mesa del Sol has already sold 164.8 acres of commercial land within Innovation Park and has an additional 208.5 “shovel ready” acres. Overall, the commercial/industrial land parcels are positioned for future businesses, manufacturers and newly located corporations. “For years, financial barriers kept Mesa del Sol from being considered as a serious opportunity,” Mr. Chavez said. “Today, we are bulldozing down those walls, and Mesa del Sol is open for business.”
The Innovation Park is already home to the International School, ABQ Studios, Fidelity Investments and Molina Health Care Data Center among others. The Mesa del Sol residential area is also established and positioned for growth.
SC3 Development with President J. Kyle Bodhaine at the helm is the master developer for the future of the Mesa del Sol master planned community. SC3 Development is an Albuquerque, NM-based company in the business of development, general construction and construction management. We offer to our clients a turnkey delivery system focused on their specific needs and requirements. Services range from site selection, cost analysis and preliminary planning through final construction.
Geoff Wagner President of First American Bank, an Albuquerque community bank, provided financing support for this project. Land Advisors Chief Executive Officer Greg J. Vogel and Broker Rick Bressan are the seller’s agents for Mesa del Sol.
About Mesa del Sol
Located in Albuquerque, New Mexico, the economic and geographic center of the State, Mesa del Sol (MdS) represents the remaining 2,793 acres of contiguous land available for both commercial and residential development within the City limits. Mesa del Sol has an ideal location just 5 minutes from Albuquerque International Sunport and 15 minutes (and no bridges) from downtown without the hassle of west-bound traffic. MdS provides easy access for sought after east side living, for Facebook Los Lunas, for employment opportunities around the metro and ultimately, an easy and convenient place to live and navigate the necessities of life.
About MDS Funding, LLC
An Albuquerque-based company with a focus on reviving aspects of the New Mexico economy through a SmartCity approach, MDS Funding LLC is focused on building Mesa del Sol into a safe, smart and sustainable community.
About Land Advisors
Founded in 1987, Land Advisors Organization is the nation’s largest brokerage firm focused exclusively on land. We specialize in innovative land brokerage through deep market insight and unparalleled client relationships. Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments. For more information, visit Land Advisors Organization at www.landadvisors.com