Sol Housing
Sol Housing
Project location
7200 Central Ave SE, Albuquerque, NM 87108
Project phase
Approved
What's in the Works
Inspired by the Spanish phrase for "we are", Somos is a mixed-unit development designed with community collectiveness in mind. Here, residents and visitors alike will discover a vibrant and inclusive community designed to embrace every stage of life. While Somos is thoughtfully tailored to provide an exceptional living experience for seniors aged 55 and better, folks of all ages who appreciate a diverse and engaging neighborhood are also welcome.
At Somos, you'll find a unique blend of living options. We are proud to offer beautiful apartment homes through an affordable housing program, making quality living accessible. Additionally, we feature a selection of market-rate apartments, providing a wider range of choices to suit your preferences.
Whether you're looking for a peaceful retreat, a lively social scene, or a place where generations connect, Somos offers a truly special place to call home. Come experience the best of community living, where everyone belongs.
Community and Resident Benefits
Affordable Housing
This mixed-unit development will add 59 affordable housing units and 11 market-rate units in the International District. 80% of the units will be required to have at least one person aged 55 and older, while the other 20% will not have those same limitations. Somos will have a veterans' preference and provide many amenities including a community room, fitness center, bicycle storage, on-site food pantry, and on-site enrichment services.
Transit-Oriented
Somos will be a 2-minute walk from the nearest transit stop at the ART International District Station. The apartment community will provide indoor bicycle storage, two electric vehicle (EV) charging stations on the site, and a dedicated parking space outside of the secured parking area for rideshare vehicles such as Uber and Lyft. Equitable access to all forms of alternative transportation such as Zero-Fare bus service, rideshare, carpools, electric vehicles, and bicycles is vital for sustainable and regenerative mixed-income communities.
Commercial Space
The proposed development envisions neighborhood-serving shops and restaurants to bring needed amenities to the area. Sol Housing will provide lower-cost storefront locations to local business incubation programs like the International District Community Development Corporation to help small businesses get started while providing jobs, income, and services needed and used by community members.
Public Art
The large mural planned above the entry lobby on the exterior walls of the third and fourth floors will broadcast the diverse cultural fabric of the International District. We envision the colorful design providing a distinct and active backdrop to all retail and restaurant businesses of the International Marketplace, breathing new life into it and making it a more attractive and dynamic destination for both locals and tourists.
Economic & Tax Benefits
Somos will have a deep economic impact, contributing over $23M to the metro economy through its construction, operation, and resident spending and nearly $1M in tax revenue. Moreover, the project will support approximately 62 construction jobs and many more when you factor in maintenance, operations, and the jobs supported by resident spending in the area.
Community Investment
Somos is envisioned to complete the International Marketplace established in the 2000 Near Heights Metropolitan Redevelopment Area Plan (MR Area Plan). The concept is to provide a vibrant and culturally interesting place-based building design that meets many levels of community needs. The added housing, amenities, new landscaping, and lighting will enliven the vacant lot with the beautification and safety improvements highly prioritized by the community.
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