Enterprise Builders Corp. has begun construction on a new 190,000-square-foot office building that will serve as the corporate headquarters for Presbyterian Healthcare Services. The builder expects to complete the three-story complex by the spring of 2014.
According to the Albuquerque Business First, the developer of the project confirmed that PHS had awarded the $22 million contract to Enterprise. The two parties have worked together on multiple projects in the last 20 years.
The new PHS headquarters will be located at 9521 San Mateo Blvd. NE and will accommodate circa 2,000 of the health care provider’s employees. When the new office project is complete, the nonprofit health care giant will move its operation from a 310,000-square-foot office it leases at 2301 Buena Vista SE near the Albuquerque International Sunport.
Expected to generate between 200 and 250 construction jobs, the development is considered to be one of the most ambitious projects in the Duke City due to the lack of new commercial projects in the local real estate market.
The owner used Dekker/Perich/Sabatini as the architect for the office complex, which will be built near a Silver LEED standard, reported the Albuquerque Business First. According to the architect, the building will be a stucco and glass composition with some masonry elements.
Presbyterian Healthcare Services is actively investing in new hospital projects in New Mexico. The nonprofit organization plans to invest about $100 million to upgrade four hospitals in Albuquerque, Socorro and Española. Its largest project is Presbyterian Rust Medical Center, a $190 million project in Rio Rancho.
Photo rendering of the Presbyterian Rust Medical Center, via Dekker/Perich/Sabatini
For more news from Albuquerque, click here.