New Markets Tax Credit Coalition

Search

Hotel Andaluz

Investment

  • NMTC Amount: $5,345,034
  • Total Project Cost: $25,754,099

IMPACT

  • 134 FTE jobs
  • 80 construction jobs

CDEs

Investor

Project Description

NMTC financing supported the rehab of the historic Hilton Hotel Andaluz. The project brought new jobs to the community, many of which were set-aside for Native Americans.

MAP

Address: 125 Second Street Northwest, Albuquerque, NM 87102

Census Tract: 35001002100

Other New Mexico Projects

The project, which is being developed by Albuquerque’s Titan Development and Maestas Development Group, is a nearly 93,000-square-foot, 118-room hotel on Central Avenue. It is also set to be the

Affordable Solar is looking to purchase an existing 3.522-acre site which already contains a noteworthy building of nearly 30,000 sq. ft. at 3900 Singer Boulevard NE.
Financing for the construction of a new Albertsons Market at 808 N.
Mixed-use investment responds to resident needs in culturally responsive ways.