Uptown Park is filling back up.
The 16,000-square-foot retail building nestled among some of Albuquerque’s largest shopping centers has signed a lease with Albuquerque restaurateur Sham Naik of Bistronomy B2B fame. He will take over what was once Satellite Coffee at the development’s northwest corner.
Preliminary work has begun inside the suite, according to David Silverman of Uptown Park’s ownership group, Geltmore LLC.
In addition, Good Feet, a retailer specializing in arch support products, has just moved into an empty suite at the southwest corner.
Meanwhile, Silverman said he’s actively working with prospective tenants for the center’s two other vacancies.
The developments come as retail activity continues picking up in the area. Nearby Coronado Center will welcome LongHorn Steakhouse next week and has The Cheesecake Factory under construction. Across the street at Winrock Town Center, crews continue on the project’s first new phase of retail, including Nordstrom Rack and DSW.
Anthony Dotson, part of the franchise group bringing Good Feet to Albuquerque, said that’s precisely the environment he sought for the new store.
“I’m from California,” said Dotson, whose partners also have five Good Feet locations in California. “So I did a little bit of research (and) it seems like Uptown is the area of Albuquerque.”
The old Satellite space sat vacant for more than a year, but Silverman said it had consistently attracted attention.
“We had a couple deals that we were willing to make but they just didn’t get done,” he said. “It sat there probably longer than it should but not without interest.”
Naik, known for B2B, his burgers-and-beer eatery in Nob Hill, also recently launched Lobo Beast 101 across the street from University of New Mexico.
He said he hasn’t yet cemented specific plans for the new Uptown site.