Who We Are

Company History

About Rachel Matthew Development

Rachel Matthew Development is a development firm that has been active in New Mexico since 1993.  The company employs a talented and knowledgeable staff who manages the office and continuously oversees all job sites. Building and developing have been a passion for Rachel Matthew Development with the specific goal of custom design and proper execution of their projects.

Rachel Matthew Development has been and continues to be an instrumental part of developing business parks and business tech centers in central New Mexico, with current projects in Albuquerque and surrounding areas. The company undertakes a broad spectrum of jobs, from new construction and remodeling projects to institutional, commercial construction and land development. In all custom work performed, Rachel Matthew Development works closely with the owners, engineers, architects, and designers to ensure complete satisfaction. Our experience clearly makes a pleasurable difference in commercial building.

From small commercial buildings to schools, multi-purpose facilities or large office complexes, please contact our staff to discuss your project.

Our Philosophy

Our mission is to create a beautiful commercial building for each customer. We will build it right, on time, on budget and when we turn over the keys, we want to have a stronger relationship than when we broke ground.


–Steve Nakamura, president of Rachel Matthew Development, Inc.

  • Steve Nakamura
    Steve Nakamura Owner

    Mr. Nakamura currently serves as the Chief Visionary of Rachel Matthew Development. His functions include acquisitions, financing, planning and development strategies. Over the years he has been involved with the development of several prominent subdivisions. His insight in the arena of commercial development include ground-up new construction and tenant improvements within the New Mexico Business Tech Center and the Las Fuentes Office Complex.

    Phone: 505-792-4663

  • Stephanie Lucero
    Stephanie Lucero Commerical Project Coordinator

    Stephanie Lucero is a driven professional who is a key instrument in the success of the dynamic Rachel Matthew Development team.  In her role as the Commercial Project Coordinator, Stephanie is responsible for the successful coordination of all commercial projects from conception to completion. This entails coordinating with the construction manager and engineers, projecting and preparing a detailed budget for each project, preparing bids and proposals in conjunction with the project lead, ensuring the implementation of the appropriate construction methods and practices, and risk management.

    Phone: 505-792-4663

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

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