Parq Hotel

Former hospital turned into a landmark status hotel, the Parq Hotel.

Investment

  • NMTC Amount: $20,492,080
  • Total Project Cost: $20,492,080

IMPACT

  • 57 FTE jobs

Investor

Project Description

Former hospital turned into a landmark status hotel, the Parq Hotel.

MAP

Address: 806 Central Avenue Southeast, Albuquerque, NM 87102

Census Tract: 35001001500

Other New Mexico Projects

Acquisition of steam generation equipment to expand the McKinley Paper, Prewitt facility’s manufacturing capacity by 25%.
Financing for the construction of a new Albertsons Market at 808 N.
Homewise used NMTC financing to acquire and rehab 16 homes in the Barelas/South Broadway neighborhood in Albuquerque, NM.
NMTC financing for the PMS’ Farmington and Socorro FQHCs.