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Nob Hill apartment project approved for city bonds

More than $20 million of metropolitan redevelopment bonds will be used for a new apartment complex in Nob Hill.

On Monday, the Albuquerque City Council voted to approve $21.5 million in metropolitan redevelopment bonds for a four-story, 125,772-square-foot development that will feature 102 housing units and other amenities. The project, dubbed Broadstone Nob Hill, is set to be located on Central Avenue between Montclaire Drive NE and Sierra Drive NE.

The project will be developed by Albuquerque-based…

Source: The Business Journal

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