Join GAAR Leadership when we celebrate the completion of Phase 1 of the 1645 University building project and neighborhood revitalization effort.
FREE MEMBER EVENT
Caffe Di LiRosi Coffee Truck Green Growler Smoothie Truck
Breakfast Burritos Donuts
The morning will include complimentary breakfast, a ribbon-cutting ceremony, and tours of the 7,300+ sq ft, two-story building before tenant improvements are underway.
Ribbon Cutting Ceremony for 1645 University Project
For information on leasing the property, contact Nathan Brooks at 505-724-3476.
About 1645 University
In 2018, the GAAR Board of Directors formed a Building PAG to determine the feasibility of purchasing the vacant building adjacent to the REALTOR® Office property. The building at 1645 University Blvd had been vacant for a decade and was an eyesore to the surrounding neighborhood.
In 2019, the GAAR Board approved the purchase of the property at a price below the previous market value. Since then, the exterior and interior of the 1645 University building have been renovated, the parking lot paved, and fencing installed to link the two properties and parking lots together. It was ultimately determined that the best use of the property would be for leasable office space.
Long-term this investment and revitalization of University Blvd will increase parking capacity, property value and add financial stability by generating non-dues revenue for the Association.
FBT Architects and AIC Construction completed Phase 1 of the project.