(For more retail coverage, click GlobeSt.com/RETAIL.)
TAOS, NM-Goodman Realty Group, with 60 acres banked for eightyears, will break ground in the third quarter on the first phase toTaos Village, a $175-million to $200-million development that's thefirst of its type in the top-draw arts and skiing mecca. Atbuild-out, there will be one million sf of office, live-work,retail, entertainment and residential space.
Goodman COO James Dobbie tells GlobeSt.com that Taos Villagewill begin with 40,000 sf to 50,000 sf of live-work space,including 30 condos, and 12 townhomes. "We're letting theresidential fill in before we start work on the retail," he says."Our general idea is to develop a streetscape by putting buildingson both sides of the street." The first space will deliver in latefirst quarter 2007.
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