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  #721  
Old Posted Sep 17, 2020, 7:29 PM
ABQalex ABQalex is offline
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KRQE last night had a story about the city's Metropolitan Redevelopment Agency's main goals for the current fiscal year. They include the Rail Trail, several Rail Yards buildings and the north entrance projects, the commercial portion of Nuevo Atrisco, and the temporary usage of the development pad at the De Anza as a public plaza and marketplace utilizing shipping containers.

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https://www.krqe.com/news/albuquerqu...-construction/

The story on their website links to a PDF file of the MRA's report on its impact over the last 20 years. It's a really cool read! It includes lots of information on various projects the agency has been involved in over the last couple of decades. Most are in Downtown or along Central Avenue, but they also include quite a few in the Sawmill Area and elsewhere in the city.

Below is a graphic from the report showing various projects in the downtown area. It's interesting to note the projects labeled as being in pre-development:



Most of the projects are known, but there are intriguing ones in Barelas across from the Rail Yards, at Springer Square, and at the Fusion Theater, that I'd like to know more about. It's also interesting that the final two phases of the Elements Townhomes and First Plaza are labeled this way. I've wondered if the Elements Townhomes would ever be finished, especially now in this hot housing market in the city. And I also wonder if First Plaza is still looking to do its complete revamp with hotel and residential uses being added even though the TaskUs project stalled.

Below is a rendering of a fully renovated and re-imagined First Plaza that was on display during the TaskUs announcement in 2018. TaskUs late last year put its plans to bring 700 jobs to Downtown Albuquerque on hold indefinitely.

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  #722  
Old Posted Sep 18, 2020, 4:58 AM
ABQalex ABQalex is offline
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The Urban Land Institute of New Mexico recently had a bike tour of 10 downtown-area development projects and sites. Today on Instagram they shared a self-guided version for those who weren't able to attend the organized event. On their website they link to and provide a PDF brochure and guide that includes information about each stop on the tour.

https://www.instagram.com/p/CFQCGbTltuU/

https://newmexico.uli.org/events/det...-3FE21C1BDDBE/

The information from the brochure reveals more about the Elements Townhomes empty parcels I talked about earlier. Apparently the city has given over development responsibility for the parcels from Romero Rose to Homewise. It says that Homewise will have three years to develop townhouses on the two empty parcels. There are 16 total lots, 8 on each parcel:



A picture from March 2014 right after the Casitas de Colores apartments were completed on most of the block that was supposed to be covered in townhomes, before the Great Recession killed off sales. The two remaining empty parcels for townhome development are seen at the corners of the block on each side of the north building of Casitas de Colores.



The original plan for the Elements Townhomes. It was to include a total of 72 townhomes. Only 8 were built and sold before the recession kicked in and sales tanked.



Downtown Albuquerque News today had an update with pic of the Ibiza Townhomes at 9th and Tijeras. It says that they are behind schedule but that they should be finished within 90 days. The developer attributes some of the delay to the shortage of subcontractors happening with all the construction going on in the city right now.

https://downtownalbuquerquenews.com/

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  #723  
Old Posted Sep 20, 2020, 7:54 PM
ABQalex ABQalex is offline
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A pic taken on Friday of the Bernalillo County @ Alvarado Square project:


https://www.instagram.com/p/CFSVwleh62B/

Avanyu Plaza held the ribbon cutting for its new hotel, security command building and the lighted shade structure element of its central plaza/park on Wednesday. It also held the groundbreaking for its new phase of commercial space. Avanyu Plaza is the redevelopment of the old Albuquerque Indian School site by a corporation of the 19 Indian pueblos of New Mexico. It sits across the street from the Indian Pueblo Cultural Center.

https://indianpueblo.org/press/





















The Albuquerque Journal this past week had an update on the Tiny Homes Village, which is delayed and now expected to open in December. The delay is also being partially blamed on the shortage of construction workers going on in the city right now.

https://www.abqjournal.com/1497458/t...-december.html

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  #724  
Old Posted Sep 22, 2020, 2:46 AM
ABQalex ABQalex is offline
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Downtown Albuquerque News reported today on the Elevate @ 3rd + Lomas project. The developer expects it to break ground in spring next year. JBM over at SSC posted this screenshot of the article:



https://downtownalbuquerquenews.com/

Downtown Albuquerque News today also reported on the Arrive Hotel project. It's based upon the latest update the developers have posted on NextSeed, where the project has now raised over $800,000 from 26 investors. In the update from August 31st, they state that they hope to finalize and secure a construction loan by the end of the year. They say the project is ready to go with building permits and general contractor pricing in place.

https://www.nextseed.com/offerings/arrive-abq

A model room at the Albuquerque Arrive Hotel location was recently highlighted as part of a road trip tour of all the Arrive properties from Palm Springs to Wilmington, NC posted on their Instagram account. Arrive co-founder Chris Pardo and his wife stayed at the historic Los Poblanos Inn and Farm and highlighted Albuquerque's offerings from Old Town to Nob Hill during their stay here.

https://www.instagram.com/p/CEadEYwhT1N/







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