Cabela’s separately announced plans to expand its retail footprint, opening two new stores, one in Albuquerque, N.M. — its first in that state — and the other in Chesterfield Township, Mich. Cabela’s is known for its entertaining displays and has said the Albuquerque store will feature a 360-degree mountain and wildlife exhibit with dozens of mounted animals, an indoor archery range and other items.

A California IT company will not only bring an annual payroll of $12 million to Rio Rancho, but it also will back-fill a large chunk of empty office space at the Hewlett-Packard complex… Titan Development completed the build-to-suit customer contact center for H-P in December 2009.

ALBUQUERQUE, N.M. — Drew Dolan gets stuff done – big stuff. Apartment complexes. Office buildings. Industrial parks. Dolan, the president of Albuquerque’s Titan Development, says the company will break ground on an estimated $150 million in projects this year.

Eleven development projects and transactions have been chosen as winners in 12 categories of the San Antonio Business Journal’s Best in Commercial Real Estate Awards.

Titan Development welcomes Coe Schlicher as the chief financial officer. He is responsible for managing the company’s finance and accounting groups.

SANTA TERESA — A Texas oil billionaire has bought land in this fast-growing border industrial hub — a sign, observers say, that momentum is at last on New Mexico’s side and long-simmering tensions between two border communities on either side of the state line may be easing. El Paso’s Paul Foster, chairman of Western Refining Inc., has bought more than 38 acres in an industrial zone of Santa Teresa from Albuquerque-based Titan Development for an undisclosed sum. Foster ranks No. 1,476 on the annual Forbes list of billionaires, which tacks his net worth at $1.22 billion.

The Northeast Heights continues to be a magnet for senior and assisted living facilities. Two senior-focused projects are being developed across the street from one another, both in Titan Development’s 60-acre Santa Monica Place project, located on Santa Monica Avenue NE between Louisiana Boulevard and San Pedro Drive. Titan Development’s senior living arm, Titan Senior Living, broke ground this year on its 85,134-square-foot, 109-unit assisted living facility called Élan Santa Monica. The company had a groundbreaking ceremony Friday morning.

A state lawmaker last week introduced legislation that would change the state constitution to allow counties to limit property taxes within so-called “enterprise zones.” New Mexico currently doesn’t allow enterprise zones, a designation used in many states to provide incentives for new developments in blighted and urban areas.