ALBUQUERQUE (KRQE) – The tangled story of downtown Albuquerque’s Anasazi building has played out over the last seven years.
The project, started in 2007 by developer Vincent Garcia, stalled when the bank funding it went under and Garcia got caught stealing money meant to build the Anasazi.
Now, a week before its grand opening, the Anasazi is finally living up to its promise.
Joe Corso and Lynette Manzanares, brokers with Mercury Properties, gave KRQE News 13 a peek inside the nine-story building. Some of the apartments are finished, others are unfinished so that a prospective buyer can make customized selections.
There are 45 units in all up for sale. So far one resident has already moved in and several more are signed up to join him.
Corso and Manzanares both agree that one of the building’s top selling points is the views of the city from its many balconies. There are also two levels of parking inside the building set aside for residents.
The bottom floor is set aside for commercial space. That’s still being leased out, but Corso says an art gallery has already signed on to take up one of the storefronts.
The building’s past will always be a part of its story, but the hope is that getting the building open is a sign that New Mexico is starting to move forward from the recession that’s held the economy in check.
“It’s been a long road but here we are,” Manzanares said.
“Now that it’s completed it’s like, we’re done that’s gone, that’s behind us now it’s time to move forward,” Corso said.
The Anasazi’s grand opening is set for Monday.