Winrock Mall Tenants Profit with Full Redevelopment on Track for 2018 says Construction Reporter
Industry: Real Estate
Winrock tenants Dave & Busters profit as new two-level, 950-space garage under construction with 1200 square feet of retail space and 250 residential units planned.
New Mexico (PRUnderground) March 2nd, 2015
Iconic Winrock Mall redevelopment is on schedule with completion expected by 2018. The former Winrock Shopping Center is being transformed into the mixed-use “Winrock Town Center,” continuing to provide a boost to the New Mexico construction industry.
Current demolition is making way for a 95–unit, two-level parking garage which will accomodate 1200 square feet of retail space above. This construction is estimated for completion in late 2016, with Nordstrom Rack and Designer Shoe Warehouse opening in that space, completing phase 1. Phase 2 will begin within that time frame.
Last year the old Winrock 6 MovieTheatre was demolished, making space for Dave and Buster’s.
“Being here has turned out to be everything we could have hoped for,” says Marcus Wuerschmidt, the general manager of the Dave & Busters at Winrock, which opened in November. “Business has met our expectations—we’re busy all the time.”
The northwest corner of the Winrock site will feature extensive residential construction, with up to 250 units to be constructed there, in the form of a four-story upscale apartment complex to be constructed near Indian School Road and Pennsylvania St NE.
About Construction Reporter
Founded in 1949 to provide New Mexico contractors with local project information, Construction Reporter has grown steadily in size and coverage area, today serving the commercial construction industry throughout the Southwest. Our mission is to help our customers succeed by delivering reliable, comprehensive, up-to-the-minute information on projects in planning and out for bid in New Mexico and the surrounding states. We are passionate about helping our member companies grow by delivering the most bidding opportunities, the most efficient bidding tools, and the most industry exposure of any news service in the region.
