ALBUQUERQUE, N.M. — It’s been nearly four years since the first design meeting for Hotel Chaco.
Now the luxury hotel is almost a reality.
The first ground-up project from Heritage Hotels & Resorts is slated to open in April in Albuquerque’s Sawmill District. It’s just steps away from Hotel Albuquerque — a property that reflects Heritage’s more customary approach to development. Heritage built its existing nine-property portfolio by purchasing existing hotels and then remodeling and refashioning them in ways meant to better reflect New Mexico culture. Hotel Albuquerque, for example, was previously a Sheraton, while other investments have included a former Wyndham Garden, Radisson and Hilton.
But Hotel Chaco — a $40 million project according to estimates provided in an industrial revenue bonds application — is the result of years of thought, planning and design with global architectural behemoth Gensler.
“We had no idea how many thousands of decisions it takes every day to build a hotel of this caliber,” company President Adrian Perez said Thursday before a hard-hat tour of the five-story building that Klinger Constructors is working to complete.