MIXED USE BUILDINGS ARE POPPING UP DOWNTOWN AND IN OTHER PARTS OF ALBUQUERQUE. THE EL VADO MOTEL THAT WAS RECENTLY COMPLETED IS ONE EXAMPLE OF MIXED USE PROPERTIES THAT INCLUDE BOTH APARTMENTS AND RETAIL SHOPS. THE ALBUQUERQUE JOURNAL REPORTS MEMBERS OF THE COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION, NAIOP, THINK IT’LL SERVE ALBUQUERQUE WELL AS IT’LL BRING HUNDREDS OF NEW RENTAL PROPERTIES TO THE CITY THAT COMBINE RETAIL SPACE, GIVING RESIDENTS A CLOSE PLACE TO SHOP.
THERE’S A MIXED USE BUILDING ON CENTRAL AVENUE ACROSS FROM PRESBYTERIAN HOSPITAL. AND THE BROADSTONE HIGHLANDS HAS 92 UNITS AND IS ONE OF THE FIRST TWO OF SUCH PROPERTIES PLANNED FOR ALBUQUERQUE.
