A complex that will combine modern residential units with gym and fitness space may soon be going up on the west side of Albuquerque.
What is being called The Overlook @ Valley View will be built on a currently vacant site at 9368 Valley View Drive NW in an area of new retail and commercial growth.
Albuquerque realtor and developer Timothy Borror is bringing his expertise as a the owner of the popular Nob Hill gym Anytime Fitness to the project, offering up to 5,000 square feet of fitness and gym space in the mixed-use project.
As planned, the roughly $2.5 million project will comprise three floors, with restaurant and retail space making much of the ground floor, and residential units comprising the top two stories.
The structure will also feature some 1,600 square feet of patio space, and is being advertised as a project providing sweeping views of the Sandia Mountains.
Described as a destination center, The Overlook @ Valley View is following a decided national trend seeing more and more residential projects offering fitness space amenities.
According to the site RentCafe.com, more than 90 percent of new apartment buildings built last year featured some sort of gym or fitness space, up from less than 50 percent three decades ago.
The same report indicated that nearly a third of survey respondents said they would not considering renting at a complex without such amenities.
Plans for The Overlook @Valley View are expected to soon go before the Albuquerque Review Board.
By Garry Boulard