Innovate ABQ celebrates grand opening of first building

ALBUQUERQUE, N.M. (KRQE) – Officials gathered today to celebrate the grand opening of the first Innovate ABQ building.

The Lobo Rainforest building downtown serves as a “live-work-play” space for University of New Mexico students. Aspiring entrepreneurs from all majors will be able to use the building to collaborate and get their ideas off the ground.

Nusenda Credit Union, an Air Force research lab and many other companies will have offices on-site to collaborate with students.

“This is going to bring more and more economic opportunity for not only innovation entrepreneurs attracting other companies but building companies and putting more and more of our citizens in New Mexico to work.” Terry Laudick, President of Nusenda Credit Union, said.

The six-story building includes offices, living spaces, conference rooms and classrooms. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

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