Albuquerque Business First reports that the Innovate ABQ development team of Signet Development, Goodman Realty, Dekker/Perich/Sabatini, Jaynes Corporation plans to break ground soon on a six-story mixed-use building on the site of the former First Baptist Church at Central & Broadway.
Their report states "a $35 million, 159,000 square foot building will bring student housing, a gym, cafe, bank, and new businesses to the corner of Central and Broadway."
As reported, the building will include 155 two-bedroom apartments geared toward UNM students at the Innovation Academy. Tenants in the building will include STC.UNM, the Innovation Academy, and Nusenda Credit Union. Word on the street is to have the building ready for a Fall 2017 opening.
This will be the first new construction in EDo since BelVedere broke ground in November 2006.