Peterson Properties has announced completion of a 2 year, $7 million renovation of the 60-year-old Simms Building in downtown Albuquerque.
Peterson Properties bought the building in 2013.
“It’s been quite a journey, but I’m happy to say our Simms Building is complete and ready for new tenants,” said Douglas Peterson, Peterson Properties’ Principal. “We have successfully modernized this very special property, while maintaining the building’s original mid-century vibe.”
The renovation included a revamp of the heating, ventilating and air conditioning system, which had been mostly the original, 1950s equipment.
The iconic Downtown Albuquerque property also now has three brand new energy efficient elevators, new plumbing and new electrical fixtures.
Renovations also included modernizing restrooms now equipped with low water and no water fixtures.
Constructed in 1954 in the International Style, the Simms Building was Albuquerque’s first high-rise. Albert Simms insisted that the architect, Max Flatow, introduce the architectural style to the region, featuring design and technology reminiscent of the Lever House on Park Avenue in New York City. The Simms Building was added to the National Registry of Historic Places in 1998.
Located on the corner of 4th Street and Gold Street, the 113,699 square foot building is 13-stories with an attached 225 space parking garage.