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Albuquerque


Santa Fe Opera’s ‘Setting the Stage’ Campaign Undertakes $35 Million for Renovation and Expansion

Santa Fe Opera’s ‘Setting the Stage’ Campaign Undertakes $35 Million for Renovation and Expansion

Since New York conductor John Crosby founded the company in 1956 and presented to the public its first performance of Puccini’s Madama Butterfly a year later, The Santa Fe Opera has built up its influence becoming one of the world’s most highly regarded summer opera festivals. A major piece of…

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Former Beach Waterpark Site Listed for Sale for $12.5M; Uptown Square Venture Closed on $3.6M Refinance for Mixed-Use Property

Former Beach Waterpark Site Listed for Sale for $12.5M; Uptown Square Venture Closed on $3.6M Refinance for Mixed-Use Property

For 18 years the Beach Waterpark has been a staple of the summer for Albuquerque’s children. Unfortunately, it was shut down in 2005 after it received an “unsatisfactory” rating from the Environmental Health Department; a year later everything on site was auctioned off and ever since the land remained empty.…

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Nordstrom Rack Enters the Albuquerque Retail Market at Winrock Town Center

Nordstrom Rack Enters the Albuquerque Retail Market at Winrock Town Center

Well-known Seattle-based Nordstrom Inc. announced its plans to enter the Albuquerque market by opening a Nordstrom Rack at Winrock Town Center in the Uptown corridor. The retail store is scheduled to open in the fall of 2015.…

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Geltmore’s $20M Mixed-Use Project in Downtown Albuquerque to Receive Tax Credit

Geltmore’s $20M Mixed-Use Project in Downtown Albuquerque to Receive Tax Credit

Albuquerque-based family-owned real estate firm, Geltmore LLC, has scheduled to start construction by the end of the year on a mixed-use development at 205 Silver Avenue SW, between Second and Third Streets; the project consists of a grocery store of 12,000 square feet and 74 residential units.…

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Owner of La Posada Purchases La Castaneda Hotel

Owner of La Posada Purchases La Castaneda Hotel

Some rescue animals, other choose to rescue pieces of history. One such person is Allan Affeldt, famous for the spectacular renovation of one of the historic Harvey House hotels – La Posada in Arizona; recently he announced the sale closing of historic Castaneda Hotel, another gem built by renowned immigrant…

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Albuquerque Opens Public Comment Period for Apartment Development on Uptown Transit Site

Albuquerque Opens Public Comment Period for Apartment Development on Uptown Transit Site

The southeast corner of Albuquerque’s Uptown and American Parkway NE, the location of Uptown Transit Center, is this year in the attention of city officials interested in proposals from private developers for a new construction project. The desired development would be a mixed-use combining apartments, commercial space, and parking.…

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Developers Launch 71-Unit Public/Private Tax Credit Development Located in Downtown Albuquerque

Developers Launch 71-Unit Public/Private Tax Credit Development Located in Downtown Albuquerque

About a year ago, Romero Rose in partnership with YES Housing Inc., have started constructing a three-building multifamily development at 215 Lead Ave. SW. This public/private partnership development was recently finalized and leasing is booming, already 51 percent occupied.…

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Affordable Solar Announces Projects for Three Businesses in Albuquerque

Affordable Solar Announces Projects for Three Businesses in Albuquerque

Albuquerque-based Affordable Solar provides solar project design, project development, construction, distribution, and solar integrator support since 1998. Ever since, the company has supplied over 15,000 PV systems to various properties in 96 countries.…

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Del Webb Announces Its First Community in Albuquerque

Del Webb Announces Its First Community in Albuquerque

Three years ago Del Webb was opening Alegria, its first active adult community in Bernalillo, adding it to its portfolio of over 50 communities spread across 20 states throughout the Southwest, coastal regions and Midwest. Now they’re planning their first community in the heart of Albuquerque.…

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LGI Homes Offers Affordable Single-Family Homes in Albuquerque

LGI Homes Offers Affordable Single-Family Homes in Albuquerque

Albuquerque has a new option for its inhabitants who want to change their housing status from renters into homebuyers through the newest community constructed by Woodlands-based LGI Homes, Inc. Camino Crossing offers in the city of Rio Rancho affordable homes starting at $799 per month.…

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Edgewood Town Council Approves Master Plan for State Trust Land

Edgewood Town Council Approves Master Plan for State Trust Land

By Anca Gagiuc, Associate Editor After countless public meetings, the Edgewood Town Council signed the Joint Planning Agreement (JPA), approving the master plan for Edgewood Commons. State Land Commissioner Ray Powell and Edgewood Mayor Brad Hill have given the start to the revision of the master plan for the state trust…

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Seven-Acre Townhome Project Breaks Ground in Rezoned Sawmill District

Seven-Acre Townhome Project Breaks Ground in Rezoned Sawmill District

By Anca Gagiuc, Associate Editor Located north of Albuquerque’s Old Town, the Sawmill district is an area that recently has been rezoned from industrial to residential. The scenery changes progressively into a colorful mix of housing, commercial spaces and industrial lots. A groundbreaking event was by Sawmill Community Land Trust…

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