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As a Main Street America™ Coordinating Program, New Mexico MainStreet helps to lead a powerful, grassroots network consisting of over 40 Coordinating Programs and over 1,200 neighborhoods and communities across the country committed to creating high-quality places and to building stronger communities through preservation-based economic development.
NMMS has adopted the following strategies in partnership with local organizations to implement asset-based community economic development. A community’s assets may include the natural environment, socio-cultural, and economic assets.
Develop local leadership and capacity to implement projects and initiatives that accelerate community appropriate economic growth and revitalization through the MainStreet Approach™.
Building on the existing commercial base, arts, culture, advanced technology and creative assets in New Mexico MainStreet communities, strive to strengthen and support entrepreneurial and creative endeavors through assessment, education, planning, and collaboration.
Develop strategies, tools and techniques and implement them with local partners to transform our downtowns, squares and villages into community assets where their greatest economic potential and realization can occur. This includes great public spaces, buildings, streets and pedestrian areas, increasing economic viability through revitalization and placemaking, resulting in places to live and work that enhance people’s health, happiness, and well-being.
Since 1985, NMMS has been helping local communities revitalize their downtown commercial districts with remarkable results. Thousands of jobs have been created and millions of dollars in private funds have been invested in New Mexico’s downtowns since the program began.
All NMMS Districts/Projects | RURAL NMMS Districts/Projects (less than 50,000 in population) |
---|---|
Private Sector Reinvestment: $386,358,795 | Private Sector Reinvestment: $183,048,571 |
Private Building Rehabilitations: 2,789 | Private Building Rehabilitations: 2,390 |
Net New Businesses and Business Expansions: 1,648 | Net New Businesses and Business Expansions: 1,235 |
Net New Jobs: 6,006 | Net New Jobs: 4,262 |
Volunteer Hours: 386,574 | Volunteer Hours: 315,090 |
The New Mexico MainStreet Program fosters economic development in the state by supporting local MainStreet revitalization organizations and their local government partner in their economic work in downtowns and adjacent neighborhoods.
The Arts & Cultural Districts program was established by the Legislature in 2007, as a comprehensive economic development strategy designed to capitalize on the expanding “creative economy.”
Public Infrastructure leverages substantial private sector reinvestment and demonstrates visible improvements in downtown through upgrades to pedestrian safety and lighting, sidewalks, curbs, utilities, drainage, and landscape to create vital spaces for economic growth.
The New Mexico Historic Theaters Initiative provides funding and technical assistance from the Economic Development Department and New Mexico MainStreet Program to rehabilitate historic theaters, install new digital projection and sound equipment, and improve theater performance.
NMMS provides project-based community economic development support through three Initiatives:
When resources are available to add new MainStreet projects or programs, local communities can enter the NMMS program by participating in one of NMMS’s Project-Based Initiatives and follow-up participation/acceptance into the NMMS Accelerator.
Applications can be submitted on a rolling basis, however, interested communities should contact NMMS Leadership to discuss potential projects, receive preliminary approval, and then apply to receive support when NMMS has the available resources to support the proposed project.
Once approved, communities receive guidance and training from NMMS personnel. No funding is associated with this program. Projects and activities are supported through local fundraising efforts from public and private sectors.
Interested communities are also encouraged to attend NMMS trainings to learn about downtown revitalization topics.
New Mexico Economic Development Department
Main number: (505) 827-0300 (se habla español)
Email: info@edd.nm.gov
Joseph M. Montoya Building
1100 S. St. Francis Drive
Santa Fe, NM 87505
Albuquerque Office
500 Marquette Ave NW Suite 640
Albuquerque, NM 87102
Mailing Address:
New Mexico Economic
Development Department
P.O. Box 20003
Santa Fe, NM 87504-5003
The mission of the New Mexico Economic Development Department is to Improve the lives of New Mexico families by increasing economic opportunities and providing a place for businesses to thrive.
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