U.S. Commerce Department Investment Helps to Create Jobs in Albuquerque's Highland District
January 20, 2011
Contact: John Atwood, (202) 482-4085
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $1.5 million U.S. Economic Development Administration (EDA) grant to Bernalillo County and the National Dance Institute of Albuquerque, N.M., to renovate and expand the Hiland Theatre. The project is expected to create 500 jobs, according to grantee estimates.
"The Commerce Department and the Obama administration are working diligently to bring jobs and economic growth to local communities," Locke said. "This EDA grant will support job creation and business development in Albuquerque by helping to renovate a cultural landmark."
The redevelopment of the Hiland Theater in the Central Highland/Nob Hill district of Albuquerque will include renovations to a 600-seat multi-purpose theater, the lobby, and technical support areas. The updated space will serve as a base of operations for the National Dance Institute.
About the U.S. Economic Development Administration (www.eda.gov):
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation and accelerate long-term sustainable economic growth.