A new apartment complex with 84 units is slated to be built on 4th Street NW in a part of the city once regarded as neglected.
The project, as proposed by Albuquerque developer Michael Dreskin, will go up on a currently vacant site at 2828 4th Street in a North Valley neighborhood of mostly one-story stores and businesses.
Decades ago, the site was the home to Gardner’s Furniture Store, which, besides furniture, also sold home appliances and gardening equipment.
The new four-story building, as designed by the Albuquerque-based Scott Anderson and Associates Architects, will house apartments ranging in size from 700 to 1100 square feet.
The complex will additionally feature some 6,000 square feet of commercial space on its ground floor.
Developer Dreskin has a track record in the North Valley and earlier this year revealed his Cascade Crossing apartments at 3308 4th Street NW. That complex features 52 units measuring anywhere from 600 to 1,200 square feet.
One of the oldest sections of the city, the North Valley has a population of around 11,300 residents. With a large swath of its land still classified as rural, the North Valley in the last decade has seen increased infill development in its commercial and industrial neighborhoods.
By Garry Boulard
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