Albuquerque’s SureStay Hotel is soon to be renovated into efficiency and one-bedroom apartments, providing 100 units of affordable housing for low- and moderate-income households. The City of Albuquerque finalized the purchase with a contribution from the State of New Mexico totaling $3 million, which will be matched by Covid-related funding from the City. Upon completion, an onsite services coordinator will connect future residents to resources while expanding Albuquerque’s portfolio of affordable housing units by 20%. SMPC Architects based in Albuquerque are handling project architecture while an RFP for an oncall contractor closed last week and is currently under review. Construction is estimated to begin next month and take six to nine months.
“Owner of Hollywood Office Purchases Adjacent Property”
The property at 747 Seward St. in Hollywood has been purchased by Brian Ballard, founder of bipartisan lobbying and PR