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Park Plaza Condominiums

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Type
  
Residential

Opening
  
1965

Roof
  
160 ft (49 m)

Completed
  
1965

Cost
  
$2.5 million

Park Plaza Condominiums

Location
  
1331 Park Ave, Albuquerque, New Mexico, United States

Park Plaza Condominiums is a residential high-rise building in Albuquerque, New Mexico. At 160 feet (49 m) in height it is the 15th-tallest building in the city, as well as the tallest residential building in New Mexico. The 14-story tower originally consisted of rental units but was converted to condominiums in 1979. It is located one block south of Central Avenue, just west of Downtown.

Park Plaza was constructed in 1964–5 at a cost of $2.5 million. With 144 one- and two-bedroom luxury apartments, it was the largest apartment complex in Albuquerque at the time and was described in a contemporary advertisement as "the Southwest's most beautiful and modern apartment building". Following the conversion to condos, many of the units have been renovated by their owners or combined to form larger units.

The address is 1331 Park Avenue, SW, yet the building is physically located on 14th Street, SW. The reason for this is that at the time of design, the developer of Park Plaza owned the property south of the building extending to the corner of the Park Avenue and 14th Street intersection and, therefore, was assigned a park Avenue address based on the proposed development which was then vacant property. Since then, the vacant property has been sold and condominiums have been developed which separate Park Plaza from Park Avenue. It was decided that an address change would create problems for the occupants currently living in Park Plaza, so the address has remained ever since. (from a letter dated 9/15/1981 signed by William H. Gooden, Assistant to the Mayor)

References

Park Plaza Condominiums Wikipedia