Location
Albuquerque, NM
Size
92 Units
Status
Lease-Up
Date Completed
Q2 2020
Highlands North
MULTIFAMILY
Highlands North is a 92-unit, surface-parking urban multifamily community within The Highlands masterplan in Albuquerque, New Mexico. The development features a main four-story building surrounded by four carriage buildings. Amenities include a resort-style pool, a modern fitness center, and spacious clubhouse areas. The location offers excellent walkability to public transit, restaurants, bars, and major employers.
This project marks the seventh partnership with Alliance Residential. Located within a City of Albuquerque Metropolitan Redevelopment Area (MRA), the site benefits from waived impact fees and eligibility for Metropolitan Redevelopment Bonds (MRBs), providing seven years of property tax abatement post-completion. These incentives enhance the project’s profitability.
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