The University of New Mexico (UNM) announces a new addition to the South Campus Tax Increment Development District (TIDD) that will bring a fresh and exciting dining option to the extended Lobo community. In-N-Out Burger, a well-loved California-based burger chain, will soon open its doors within the district, which provides an ideal location for their expansion into New Mexico.
"We are excited to welcome In-N-Out Burger to the South Campus Tax Increment Development District,” said Teresa Costantinidis, executive vice president for Finance and Administration at The University of New Mexico. “This addition marks a significant step in our ongoing development and growth, contributing to job opportunities and the enhancement of our community. It aligns perfectly with UNM's commitment to advancing New Mexico, including promoting sustainability, economic development, and community engagement."
The arrival of In-N-Out Burger is expected to bring numerous positive contributions the area including:
Job Opportunities: UNM is committed to fostering economic growth and providing opportunities for local residents. In-N-Out Burger's arrival will create employment opportunities, offering job seekers a chance to become part of a well-regarded brand and serve our community.
Community Engagement: In-N-Out Burger has a strong tradition of actively engaging with the communities in which it operates. Their participation in local events, charitable initiatives, and sponsorships will undoubtedly enhance the sense of community in Albuquerque.
Quality and Sustainability: The commitment of In-N-Out Burger to using the freshest, high-quality ingredients and its responsible environmental practices aligns with UNM's values of promoting sustainability and responsible sourcing.
Affordable Dining: The addition of In-N-Out Burger will provide affordable dining options for students, faculty, and local residents, contributing to the accessibility and vibrancy of the South Campus Tax Increment Development District.
UNM’s South Campus Tax Increment Development District, was signed by Gov. Michelle Lujan Grisham in April of this year. This new dining option is expected to add to the vitality of the district and create a welcoming and enjoyable space for students, faculty, staff and the local community. A portion of the tax revenues from this business will pay for the public infrastructure – roads, utilities, and public facilities – in the area.
“The addition of In-N-Out Burger to the South Campus TIDD is another exciting step in making productive use of UNM’s public properties for the benefit of the University’s academic, service, athletic and research missions,” said David Campbell, executive director of Lobo Development Corporation. “Stand by for future announcements as excitement builds in Lobo Nation.”
In-N-Out Burger estimates that their much-anticipated opening will be sometime in 2027.
For more information on UNM’s South Campus TIDD, visit Lobo Development Corporation.