A long-awaited redevelopment of the landmark El Vado Motel in Albuquerque may begin by summer, and part of the property will reopen as a boutique motel by summer 2017. The Albuquerque Journal reports a $16 million, scaled-back plan for the long-closed Route 66 motel and a nearby piece of land recently was greenlighted by the … Continue reading El Vado Motel project may begin construction by summer
The long-awaited redevelopment project for the historic El Vado Motel in Albuquerque will begin by summer, reported KOAT-TV, citing sources with the city. The plan is to turn part of it into a boutique motel with an amphitheater, a pool, shops and a food court. Construction for an affordable apartment building next door will begin … Continue reading Construction on El Vado project will begin by summer
A nonprofit group that has experienced success in rehabbing vintage Route 66 motels in Albuquerque is appealing the city’s selection of another group that wants to redevelop the historic El Vado Motel, reported the Albuquerque Journal. According to the newspaper: Albuquerque-based nonprofit NewLife Homes, which finished second in the selection process to eventual winner Palindrome … Continue reading Nonprofit challenges El Vado redevelopment plan
A developer has been picked by the city of Albuquerque to redevelop the historic El Vado Motel — including it being partly revived as a boutique motel, according to Albuquerque Business First. Palindrome Communities is the developer, which is a partnership between PacifiCap and the Sawmill Community Land Trust. Its proposal calls for creating a … Continue reading Developer chosen for El Vado Motel
Nearly 35 years ago, the owner of the historic El Rey Inn on Route 66 in Santa Fe, New Mexico, instituted a profit-sharing plan for employees. According to CNN Money, owner Terrell White has put $7 million into the plan and paid out $5 million over the years. The hotel has 26 employees, with many of … Continue reading El Rey Inn’s commitment to its employees
The city of Albuquerque finally is pushing hard to have developers do something with the historic but long-closed El Vado Motel. KRQE-TV in Albuquerque filed this report about developers touring the property this week: A few weeks ago, the city released a request for proposals from developers. The deadline for submission is July 3. The … Continue reading Developers tour El Vado Motel
The City of Albuquerque has floated ideas on what to do with the historic but long-shuttered El Vado Motel on Route 66. Now it’s wanting to hear ideas from the public — and developers — as well. According to Albuquerque Business First, the city on Friday released a request for proposals for the 1937 motel. … Continue reading Albuquerque wants ideas for El Vado Motel
NewLife Homes, which brought new life (no pun intended) to two historic Route 66 motels in Albuquerque, wants to add a third the Duke City to its portfolio. According to Albuquerque Business First: Executive DirectorJohn Bloomfield said he’s exploring the acquisition of the Deluxe Inn & Suites at 12901 Central Ave. NE between Juan Tabo and … Continue reading NewLife Homes wants to renovate another Route 66 motel
The Albuquerque City Council on Monday approved a redevelopment plan centered around the long-closed El Vado Motel and Casa Grande restaurant, reported Albuquerque Business First. The move called for the area of Central Avenue (aka Route 66) west of downtown to the Rio Grande declared as “blighted.” However, that isn’t necessarily a bad thing for what … Continue reading Albuquerque OKs redevelopment plan centered around El Vado Motel
A food and farmers market is one of the proposals being considered for reusing the long-closed El Vado Motel along old Route 66 in Albuquerque, reported KOAT-TV in Albuquerque. The City of Albuquerque seized the historic motel from a local developer who wanted to raze it and build luxury townhouses. Now, after sitting for several … Continue reading El Vado Motel being considered as a food market
