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Old Posted Jul 26, 2020, 7:45 PM
ABQalex ABQalex is online now
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Join Date: Dec 2019
Location: Albuquerque, NM
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Albuquerque Business First has a story about the Park West condos at Winrock. It reveals more details about the project, including unit count. It is proposed to have 30 units and 10 stories, but the developer says with the high early interest it may add levels and units to the building.

https://www.bizjournals.com/albuquer...r-winrock.html

This is very exciting and It would be awesome to see Uptown's skyline grow, especially above 10 stories! This has the possibility of being a new tallest for Uptown Albuquerque, eclipsing the Albuquerque Marriott.



Another more recent story from KRQE where the developer says this is just the beginning and they may develop even more highrise residential buildings like this at Winrock.

https://www.krqe.com/news/albuquerqu...ments-offices/

So far the developments being announced at Winrock are more or less following the details in terms of unit count and placement from a graphic posted earlier in the year by Winrock Town Center on its social media. The graphic showed a total of 825 residential units for the development across five locations/projects. Accounting for the actual updated unit counts of these two recently confirmed projects the total units now number at least 842 units.




A story from the Albuquerque Journal talking about gross receipts tax collections in Albuquerque during the pandemic. It features a recent picture of the construction of the Hilton Garden Inn/Homewood Suites hotel in Downtown Albuquerque. The story states that gross receipts tax collections from construction are up 3 percent in Albuquerque from the prior year in May. That's despite an overall decrease in GRT collections of 7 percent year over year. The reduction in gross receipts tax collections in Albuquerque have thankfully not been as bad as once feared.

https://www.abqjournal.com/1479534/g...-shutdown.html

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