[ABQalex]

Albuquerque Business First has a story with rendering about a new multi-story apartment building planned along 4th Street in the North Valley. It's by a developer who has developed three other such properties along the corridor in recent years. He is taking advantage of the city's new zoning and enticements for building dense, affordable housing or mixed-use projects along North 4th St, which was the original alignment of Route 66 through Albuquerque and the city's main north-south urban corridor.



https://www.bizjournals.com/albuquer...th-valley.html

This project will be built at 2818 4th St. NW, just five blocks south of the developer's 52-unit Cascade Crossing apartment building that just opened earlier this year. It will have 84 1- and 2-bedroom units above ground-floor parking and 3 commercial storefronts with 6,000 sq ft of space facing 4th St. Rents will range between $900 and $1,200 a month. Construction is expected to start in September in two phases and be completed by 2023.