Site Selectors

Carlsbad is growing and companies who choose to locate here now will benefit from a first mover advantage and more real estate options. The Carlsbad Department of Development is here to help site selectors by providing community and demographic information, assisting in property searches, and presenting incentives and other benefits that are available for companies moving to Carlsbad.

Carlsbad is the best emerging market in New Mexico.

Use the information on our site to help you determine how Carlsbad New Mexico can facilitate your business expansion, and find out why Carlsbad is the best emerging market in New Mexico.

Discover the opportunities available in Carlsbad.

We encourage real estate developers and site selectors to read our recent housing study to see the numbers behind the current and future growth of Carlsbad and South Eddy County. Developers who choose to grow with us may benefit from programs like the Affordable Housing Contribution Program, along with a variety of local grants and loan programs.


2015 City of Carlsbad Housing Analysis and Strategic Plan

2017 Housing Report

2018 Housing Availability and Affordabilty Update

Conducted by the CDOD, the 2017 Housing Report is an update to the recent housing studies done in 2015 by the City and the County. To learn for about housing study click here.

New Mexico also offers tax incentives.

Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from
While the Carlsbad Airport Industrial Park has significant water, sewer, gas, communications, and electrical utilities, the City of Carlsbad is willing to assist with additional needed infrastructure for certain
The City of Carlsbad has some property available for certain industrial projects. This property could also be made available through a job creation-based grant or low rate lease made
An operator of a refinery in New Mexico, any person who blends special fuel in New Mexico, or the owner of special fuel stored at a pipeline terminal in New
The value of equipment such as a boiler, turbine-generator, storage facility, feedstock processor, interconnection transformer, or biomass material used for bio-power, bio-fuels, or bio-based products may be deducted in computing
Since 1999, the Carlsbad Department of Development together with the US Department of Commerce’s Economic Development Administration have managed a Revolving Loan Fund Program.  This loan program supplies small businesses and
The corporate income tax act is amended to reduce the top corporate tax rate from its present law 7.6% to 5.9% over five years. The reduction begins in 2014, with
The HWJTC is a refundable tax credit designed to incentivize quality job creation, with differing thresholds for jobs in urban versus rural communities. This credit applies to the state portion
Eddy County and the City of Carlsbad can both issue Industrial Revenue Bonds (IRB) for the expansion and relocation of commercial and industrial projects.  Significant property tax and compensating
New Mexico has one of the most generous training incentive programs in the country. The Job Training Incentive Program (JTIP) funds classroom and on-the-job training for newly-created jobs in expanding
Administered by NM Taxation & Revenue DepartmentManufacturers may take a credit against gross receipts, compensating or withholding taxes equal to 5.125% of the value of qualified equipment when the following employment
Every business owner is looking for ways to expand revenue, increase new business opportunities, and optimize efficiency. The New Mexico Economic Development Department, in partnership with the New Mexico Manufacturing
The New Mexico Economic Development Department (EDD) is granted authority to administer Local Economic Development Act capital outlay (LEDA CO) funds to local governments (county, municipality, or tribal entity) to
New Mexico MEP aspires to be the premier solution provider to strengthen and grow New Mexico’s manufacturing. As a statewide assistance center, New Mexico MEP is dedicated to increasing the
A corporate or personal taxpayer who owns a qualified energy generator is eligible for a tax credit in an amount equal to 1 cent per kilowatt hour of electricity produced by the
Administered by NM Taxation & Revenue DepartmentThis credit can be applied to taxes due on (state) gross receipts, corporate income, or personal income tax. Rural New Mexico is defined as any
For the purposes of apportioning income, “manufacturing” excludes construction, farming, power generation, and processing natural resources including hydrocarbons.In addition, in taxable years that begin on or after January 1, 2015,
The purpose of the credit is to provide a favorable tax climate for technology-based businesses engaging in research, development and experimentation and to promote increased employment and higher wages in