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new santa fe apartment complex project gets initial ok

10/25/2018

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The first hurdle has been cleared in a move to build 240 apartments on the south side of Santa Fe.

Members of the Santa Fe Planning Commission have given their approval to a plan that will see the project going up next to the well-known Santa Fe Place mall, off of Wagon Road.

The project will be bordered by Office Court Drive on the west, and the Arroyo Chamiso on the east.

According to the plans announced by the New York-based Abacus Capital Group LLC, the project will see the building of 144 one-bedroom apartments, along with 88 two-bedroom units and 8 three-bedroom apartments.

Altogether, the project will entail just over 250,000 square feet and will include a community clubhouse.

What is being called Turquesa Apartments will additionally include the construction of a walking trail connecting the Arroyo Chamiso Trail to the entrance of the complex on Office Court Drive.

The project is now on its way to final commission approval on November 1, with a 30-day appeal period following.

The Abacus Capital Group is a property development and asset management company that has developed dozens of modern apartment complexes across the country, with a particular focus on the South and West.

By Garry Boulard

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