05/28/2008 Peter Sanchez
Press Release: May 28, 2008
Contact: Peter Sanchez, 836-0306
Atrisco Oil & Gas Supports Responsible West Side Development
What: Get Out the Vote Picnic and Atrisco Heirs Gathering
When: Noon to 3 p.m., Sunday, June 1, 2008
Where: National Hispanic Cultural Center
Why: Rally for state legislators who support responsible West Side development
ALBUQUERQUE, N.M. – With the primary election next Tuesday, June 3, 2008, many political races have the potential to impact economic development on Albuquerque’s West Side, specifically land that was part of the historic Atrisco Land Grant.
Atrisco Oil and Gas, LLC – the for-profit company created from the sale of the Westland Corporation to the SunCal Companies in 2006 — will host a political rally Sunday, June 1, from noon to 3 p.m. at the National Hispanic Cultural Center in support of state legislators who understand the development needs of the West Side.
“The greatest development frontier in the state, and certainly in Albuquerque, is the West Side,” Peter Sanchez, CEO and President of Atrisco Oil and Gas, said. “The politicians who win in the primary election, and then in November, have a lot of input in how that development will shape up. We believe it is our duty, as stewards of the Atrisco Land Grant to support those people who we believe are sensitive to the development needs of the people on the West Side.”
Atrisco Oil and Gas supports incumbents Dan Silva, James Taylor and Linda Lopez for re-election. All are facing opposition in Tuesday’s primaries.
Shares of Westland were sold to SunCal, but as part of the agreement for the sale, former shareholders retained certain oil and mineral rights, which Atrisco Oil and Gas oversees.
“We are pleased to be working with SunCal as the developer,” Sanchez said. “Of all the developers who were interested in Westland, SunCal showed the greatest sensitivity about the land and demonstrated what responsible development should look like on the mesa.”
SunCal plans a mixed-use community, including high-end and affordable housing, shopping and retail centers, parks and hopes to attract clean industry and businesses with high-paying jobs.
“Our developments are carefully planned with the utmost care given to preserving the beauty of the land,” Will Steadman, manager for SunCal projects in Albuquerque, said. “The West Side has been in dire need of retail development, grocery stores and family entertainment venues. And, most importantly, the development that has occurred has not included businesses that can provide well-paid positions to the people who live there. Our development will change that. More than anything, we intend to plan responsibly for the future of an area that has for generations been part of the Atrisco Land Grant.”