Developers highlight struggles in renovating former Wells Fargo building in Albuquerque

ALBUQUERQUE, N.M. (KRQE) – One of Albuquerque’s most recognizable downtown buildings is undergoing a major transformation to bring in more affordable housing, but what does it take to turn an office space into apartments?

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Built in the 1970’s, the old Wells Fargo building will now be known as the Lomas Tower as it gets converted into a modern apartment building. The developer said they will be giving the building a facelift while also preserving some of its historic features.

“Hopefully, we’ll have office spaces, a cafe, and potentially a restaurant. We’re also looking at possibly an Early Childhood Education could be a potential use for this,” said Adam Silverman, Vice President, Geltmore LLC…

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