Professional Documents
Culture Documents
the Rejuvenation of
Downtown Albuquerque
The Sunlight Tower provides downtown Albuquerque
a safe place
for business
and leisure
The purpose of Sunlight Tower is two-fold: we want to create a safe environment for
Albuquerque nightlife, and generate sustainable income. Currently, there are no bars in the
downtown area that can offer the same experience as we can. We offer an unbeatable view, a
safe environment, and access to an eighteen-plus club. We cater to families with our food
vendors on the bottom floor, to young adults with our bar and nightclub on the top floor, and
businesses with our rentable office space in the many floors in between. The office space in our
building is going to be our main source of revenue. In order to generate sustainable income we
will be renting out our six middle floors to be utilized as office space for other companies.
Recently the City of Albuquerque presented its citizens with the problem that the overall
expansion and attractiveness of the Albuquerque Downtown Metro area has been restricted due
to growth in other areas of the city. Our proposed solution to this problem is to introduce a new
social focus point in downtown Albuquerque. This report has the intention to highlight the cost
benefits for the construction of the Sunlight Tower. It is important to recall that we are
recommending our project based upon our previous investigations and methodology. The
-References
With the grant that has been provided by the city of Albuquerque, we have designed a
building which is comprised of office spaces as well as a multi-floor nightclub and rooftop bar.
This building, The Sunlight Tower, will improve and rejuvenate the nightlife in downtown by
providing a safe place to socialize and drink for those ages 21+ on our rooftop bar, as well as an
alcohol-free 18+ dance club on the floor below. The building is not solely for entertainment
however, there will be offices on the middle floors that will provide the building with the
majority of its income. The development of the Sunlight Tower will take place over four phases.
As renting office spaces will provide the building with the majority of its revenue and
keep the building self-sustainable, we will have to attract business to our location. Our
building will provide a safe and secure area that is located in a prime location in the city
for office space. This is also a prime location for all the business that will be located in
attention of the young people. This can be achieved by setting our opening date in fall,
right when all the new college students fresh from graduating high school or back from
summer break will be moving in or moving back into the area for the rest of the school
year. During this time all these people will be looking for a cool new place to hang out
The marketing campaign should be divided over several methods. First, we will hand out
flyers on the UNM campus and post on bulletin boards. Secondly, we will buy time space
on some local channels to show an advertisement. Finally, we will buy a week long ad
Establishing a safe and secure place to both work and hangout is our top priority. In order
to do this, we will have a series of arrangements in place. First, there will be a building
security team that will be available throughout business hours as well as security cameras
throughout the building that will be monitored by one of the security members during this
time. Also a key card will be required to access the office spaces, this is to remove the
chance of any nightclub patrons from entering these areas. This key card will be used in
When these steps are completed, Sunlight Tower will be a safe and secure office building full of
businesses by day and a great adult hangout full of people by night. With this building completed
and opened for the first time, the entirety of downtown Albuquerque will see an immediate
The sole purpose of this building is to bring something to downtown that nobody has
seen before. Furthermore, it will positively contribute to the New Mexican economy and attract
travelers to the city from around the country. As stated previously, downtown Albuquerque is
lacking in nightlife and safety and this building will provide both. In addition, it will also be self-
sufficient as the rent from the rooftop bar, nightclub, and business will provide enough revenue
The layout of our building is unlike any other in the area. The lack of high rises in
downtown will allow our building to stand out amongst others. Safety is of great concern in
downtown, and consolidating a variety of fun into one building will allow our security staff to
secure and operate this environment. Overall, the leased business space will be in full use during
the day, and when finished for the day, the nightclub and rooftop bar will come to life. This
combination is a great way of maintaining a constant use of the building; which directly creates a
Discussion: Our building is meant to attract people to the downtown vicinity. As a team of
diverse people that are from here and not, we know what lacks in this city, especially downtown.
With our two goals, one being we need to attract people to downtown. The other to bring a
sustainable income to our building. When we thought of the problem we tried to figure out why
don't people come out during the day and during the night. What is the problem? One of our
solutions was there isn't much to do here in New mexico we have no special attractions. For the
ones that we do have they get stale or people just burn out causing people to lose interest so what
We looked to other cities that were generally known for being so amazing and we
income? Would a bar, nightclub, and a restaurant really maintain a sustainable income? This is
why on the six floors between our diverse restaurants, nightclub, and bar, we decided to include
office space to produce more revenue from our building. With the inclusion of this office space,
our building would generate around 1,488,000 dollars in gross annual revenue.
Why exactly would anyone want to come here, downtown is already dangerous by itself
in the day and even worse at night. This is something that all New Mexicans, including
ourselves, knew as fact. According to roadsnack.net New Mexico is ranked number 1 in being
the most dangerous state of the country. In violent crimes we are ranked second in the United
States and in regards to property crimes we are ranked first. So, this is a big deal for New
Mexicans, which is more than likely the reason our nightlife is so weak. No one would actually
want to go out and do something fun because they feel like their life is at risk. As a result of
having higher security, more buildings in the downtown area would take notice, causing them to
increase their security as well. Overall, these additions to the environment will make downtown a
What kind of incentive would you give these companies to actually use your building?
Well we would pay for all the security expenses. With these newly added expenses our income
would fall a bit.We thought it would be fitting to have 10 security guards on deck in the morning.
When it comes to the nightlife we thought 10 would be perfect also. The pay for security often
varies depending on which security guard you get they go from fifteen dollars ro thirty dollars
per hour. These prices depend on their experience and if they are armed or not armed. We
decided to get the security guards that are armed. We would hire twenty guards for our company
for the week. So, for the salary expense it would come out to 576 thousand dollars and if our
income in around 1.4 million a month we would have no problem paying off that expense. That
would also be our only expense. So our net income would come out to 912 thousand dollars in
revenue.
Recommendation:
By being granted the $80,000 to fund the start-up of our company, we will aim to
allocate the funds in an appropriate manner to benefit the initial tasks we must complete. We
have decided that the majority of the funds will be spent on the liquor license, as well as on
security for the building and surrounding areas. The remaining funds will be spent on the general
rejuvenation of the building itself. Once complete, the building will essentially be managed by
our company, with the floors being rented out to separate companies. By ensuring security for
the building and the areas around it, we attract companies to rent floors on our building, and we
encourage buildings in the surrounding area to do the same. We feel that this would be the most
effective way to use the funds granted to us and the most effective way to contribute to the
Downtown Albuquerque rejuvenation effort. By using the building to attract people of all groups
to a safe environment to have fun, and providing office space to higher profile companies, we
maximize profit for ourselves while still attracting multiple businesses to our building. The six
middle floors, rented out to independent businesses will earn us $15,000 a month profit and
$180,000 annually. By attracting businesses to the building and area in general, we feel that this
most effectively contributes to the rejuvenation of the area and is one main reason we should be
awarded the grant and building. Furthermore, our rooftop bar and 18+ nightclub on the floor
below will be unlike any other building in the area, and our provided security will attract people
to come and safely enjoy a night out in the downtown area. The prospect of spending a night out
in the Downtown Albuquerque area still seems unappealing to most people in the city, and our
building most effectively addresses this issue and aims to correct it. The nightclub itself will
generate significant revenue and with the rooftop bar on top of it, profit will be flowing and
coming from every floor of the building at virtually all times throughout the night. According to
Nightclub Business online, the average nightclub generates around $5,000 per night. Therefore,
with this being one of a kind in its area, our building will be continuously generating revenue,
which not only improves our situation, but that of the surrounding areas as well.
Overall, the grant being awarded to our company would be utilized in a way to most
effectively address the problems which downtown Albuquerque currently faces. Our building
will generate constant revenue for all companies involved including ours, and will be responsibly
managed and guarded. This will attract customers to the area and encourage buildings and
companies in the surrounding area to follow suit. Therefore we feel our company would be most
appropriate in receiving the grant and building, as we have a visionary idea for downtown
Albuquerque and will contribute to its rejuvenation in the most effective way possible given our
limitations.
References
Sparks, Sam. “These Are the Most Dangerous Cities America For 2018.” Roadsnack.net, Sam
Parks, 27 Feb. 2018, www.roadsnacks.net/most-dangerous-cities/.
Project layout