Albuquerque Journal (Albuquerque, NM)

TECH PARKS TAKE OFF.(Business Outlook)

Byline: Diane Velasco Journal Staff Writer

Private Sandia Research Park lures more firms than the public park -- so far

The 217-acre development adjacent to Sandia National Laboratories and Kirtland Air Force Base is, so far, a tale of two technology parks.

The dream has been to create a technology-focused development, attracting companies that do business with Sandia and Kirtland and their high-paying jobs.

To that end, Sandia Science and Technology Park was created. It consists primarily of publicly owned land (177 acres) being marketed by a nonprofit corporation.

But within the park boundaries is Sandia Research Park, a privately owned 40-acre development whose owner declined to join the landholders' agreement that created the larger park.

The privately owned park has been the more successful in attracting tenants.

In fact, Sandia Research Park, started in 1988 by Don Morgan, president of Morgan Development Corp., has attracted all but two of the 13 buildings and companies in the area -- and nearly 900 jobs -- because of its complete infrastructure, Eubank frontage and flexibility on contractors. …

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