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Expansion under way for booming Nusenda

Construction is underway on the expansion of Nusenda Credit Union’s corporate headquarters in Northeast Albuquerque. (COURTESY OF ENTERPRISE BUILDERS)

ALBUQUERQUE, N.M. — Construction is under way on the expansion of Nusenda Credit Union’s administrative offices in Northeast Albuquerque to accommodate growth in the financial institution’s membership and employment.

Albuquerque-based Enterprise Builders is the general contractor on the project, which is expected to take place over the next 16 months with anticipated completion of the 60,000-square-foot office building in late spring or early summer of 2019, according to a company spokeswoman.

Called Nusenda Administrative Building A, the facility will be on a vacant site in the 4200 block of Pan American Freeway, between Vassar Drive and Luecking Park Avenue. The extension of the main campus will consist of a freestanding four-story office building connected by a pedestrian bridge at level 2 to Nusenda’s existing main office/training center. It also will include a two-story parking structure with one level below grade.

The building is to be designed with a high-performance glass exterior using sustainable building materials and practices that conserve resources and maximize flexibility for office layouts. The architect is Joe Slagle.

The building will also contain a Nusenda Credit Union branch, a full commercial kitchen and a dining area. Building costs were not disclosed, but an Enterprise spokeswoman said 80-100 workers will be at the site during construction.

“We’re in the process of finalizing our subcontractor list and intend on primarily using local (businesses),” said Alexandra Pulliam, Enterprise marketing director.

The new structure on the credit union’s administrative campus was first approved in 2008, just before the Great Recession.

“Since that time, Nusenda Credit Union has opened over 136,000 new memberships and added over 160 new employees to its operation,” said CEO Terry Laudick. “The new building will provide more efficiency and synergy for the credit union as we will consolidate a number of departments that are currently housed in multiple locations around the city.”


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