✖ Construction Reporter

Show Password Forgot Password?

Not a Member? Start a free-trial today!
Construction Reporter
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy

santa fe proposed senior housing facility gets green light

9/13/2019

0 Comments

 
Picture
A long-discussed plan to build a new 68-unit residential complex for seniors in Santa Fe has taken a significant step forward.

Members of the Santa Fe City Council have voted to approve the issuance of $80 million in industrial revenue bonds to fund the project’s construction.

The project will go up at the intersection of Old Taos Highway and Paseo de Peralta on a 2.5-acre site that was once the home to the Ghost Ranch education and retreat center.

The new complex will be owned and operated by El Castillo, a continuing care retirement community founded in Santa Fe in 1971.

El Castillo signed a purchase agreement in early 2017 with the Presbyterian Church USA of Louisville, Kentucky for the Ghost Ranch property.

Earlier this summer, the city’s Historic Districts Review Board gave its approval to El Castillo building a three-story structure on the property.

Prior to the city council vote, El Castillo agreed to take on additional payments in lieu of taxes in return for securing the industrial bond funding. Revenue from those taxes would go to the Santa Fe Public Schools, as well as Santa Fe Community College, for the duration of the 30-year bond.

Plans for the site include a main building to be designed in what has been called “recent Santa Fe style,” with vigas and beams.  The units will range in size from 900 to 1,300 square feet.

The facility site will also include an outdoor courtyard and 60,000 square feet of underground parking space.

By Garry Boulard

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Get stories like these right to your inbox.
    ​Sign up for our newsletter

    Subscribe

    Archives

    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All

AFFILIATES

Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
HOME
PLANS & PRICING
FREE TRIAL
MAGAZINE​
BECOME A MEMBER
PRINTING SERVICES
FAQS
CONTACT
​ABOUT

TIMELY, RELIABLE NEWS SINCE 1949 ​Construction Reporter
​
4901 Mcleod Rd NE STE 200A
Albuquerque NM 87109


​Phone: (505)-243-9793
Toll Free: (877)-292-5793
​Fax: (505)-242-4758

Copyright © 2022 Construction Reporter
User Agreement   Privacy Policy   Archive Policy
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy