ALBUQUERQUE, N.M. — It’s been a busy year for large development projects around Albuquerque as demolition and several major new builds continue to move forward despite the coronavirus temporarily shutting down many other sectors of the economy. Amazon made waves with the news that it will build a 2.58 million-square-foot fulfillment center near Atrisco Vista and Interstate 40, but that’s just the tip of the development iceberg. Other major projects include:
Winrock Town Center is preparing to see some movement this year with several multi-million dollar construction projects including a new high-end apartment complex and a three-story office building planned to break ground.
The largest of the new additions, a 199-unit apartment complex, is slated to begin construction at the end of 2020 and will open in the latter half of 2022, Goodman Realty Group developer Scott Goodman said.
The four-story apartment building is expected to cost $45 million to develop and will be around 146,000 square feet.
Goodman said amenities at the high-end apartments will include a game room, a lounge, a fitness center, underground parking and a pool among others. The units will range in size from 500 square feet to 1,000 square feet and rent will cost from $1,200 to $1,800 a month.
“We are providing a living environment and experience that is really not available anywhere else in Albuquerque,” he said in an email.
The Winrock Apartments will be built on the northeast area of the property near the intersection of Indian School and Pennsylvania
Construction on the three-story Portland office building is also scheduled to start at the end of this year.
Goodman said the 28,000 square foot Portland office building will be the first professional office building at Winrock since most of the tenants thus far have been almost all retail oriented.
“Now this will allow people to start working there where before they were just shopping there,” he said.
The building will be built in the central Winrock area and will face the central park once it opens in the middle of 2022. There are no tenants lined up yet, but Goodman said they are looking to secure tenants that offer professional services or market toward tech companies.
Construction has started on Presbyterian Hospital’s $230 million development project, which, once completed, will feature an 11-story patient tower, a three-story addition and a new parking garage.
Construction on the hospital on Central just east of I-25 began in 2019.
Melanie Mozes, Presbyterian director of communications said the demolition portion of the new patient tower has been completed and the hospital will soon be starting work on drilling piers. Plans for the development were released last year and construction is anticipated to last through 2022. Jaynes Corp. is the general contractor for the project, while Dekker/Perich/Sabatini is project architect.
Mozes said the hospital is still planning on having construction finished by 2022 and overall the development project experienced few virus-related setbacks. Excavation is underway for the new parking garage, Mozes said.
Once completed, the parking garage, which sits on the east side of the hospital’s campus, will net around 800 more parking spaces for the hospital. That portion of the project is anticipated to be finished in May of 2021.
Topgolf, the large entertainment complex at Interstate 25 and Montano, faced a few delays related to the coronavirus, according to a spokeswoman with the company.
In May, a company spokeswoman said construction had been halted on all new Topgolf venues around the country. Topgolf was initially slated to open in Albuquerque this summer.
Emails to the company for a more current update were not returned.
Odds and endings
Barkin Boutique, Santa Fe’s charitable resale store, is closing down after more than 20 years of operation,
The resale store, which supported Española Humane, is planning a liquidation sale July 4 and 5 from 9 a.m. to 1 p.m. at 510 N. Guadalupe.
“Given the challenges of the retail environment for the foreseeable future, we’ve decided it’s best to consolidate to one location,” Española Humane executive director Bridget Lindquist said in a news release.
Although the Santa Fe shop is closing up, the Barkin Attic at 851 St. Michaels Drive will remain open.
Cinemark Movies 8, the last of Albuquerque’s dollar movie theaters, has shut its doors for good.
The movie theater at 4591 San Mateo is listed as permanently closed on Cinemark’s website.
The other dollar theater in Albuquerque, Cinemark Movies West, closed in May and a spokesperson cited the closure as a “normal course of business.”
GNC’s Cottonwood Mall location is set to close following the filing for Chapter 11 bankruptcy protection, according to the company’s website.
The international chain, which sells vitamins and supplements, announced on June 23 that 248 stores across the country would be closing as a part of the restructuring. GNC expects between 800 and 1,200 stores to eventually close. The Cottonwood Mall shop is the only location in the state currently set to close.
Pilar Martinez covers retail and real estate for the Journal. Send tips to firstname.lastname@example.org.