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Imperial Building taking shape Downtown

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The SIlver Street Market currently under construction at Second St. and Silver SW in downtown Albuquerque, photographed on Monday July 6, 2015. (Dean Hanson/Albuquerque Journal)

ALBUQUERQUE, N.M. — The Imperial Building — home to Downtown’s forthcoming grocery store — continues to rise at Second and Silver SW.

The four-story structure should be mostly completed by early 2016 and then will require a few additional months of interior construction, according to David Silverman of Geltmore, one of the project’s developers.

The grocery store, Silver Street Market, is expected to open by next spring.

And it shouldn’t be alone.

Silverman said negotiations continue with other retailers, restaurants and service providers for the rest of the building’s street-level shop space. He expects to start inking deals in the next month or so.

“It all seems to be progressing pretty well; we’re encouraged with the interest that we’ve gotten so far,” Silverman said Monday.

The mixed-use development also includes 74 rental apartments and underground parking.

Geltmore is co-developing the building with YES Housing Inc., though the Imperial Building is part of an intricate public-private partnership years in the making.

At the groundbreaking last January, Mayor Richard Berry called a grocery store “an essential amenity” for the heart of the city.

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