Following a $5.9-million renovation of a 1914 high

Following a $5.9-million renovation of a 1914 high school, residents are moving into The Lofts at Albuquerque High in New Mexico’s largest city. (see July/August 2001). Developed by Rob Dickson’s Paradigm & Company, The Lofts include 70 rental units in the main classroom buildings, 17 of which are affordable. Beginning construction this summer are 80 for-sale lofts located in four new buildings and one renovated building. The City of Albuquerque is chipping in with $2-million-worth of streetscape, utility, and lighting improvements, and is also investing $3 million in a for-pay parking garage with 261 spaces. Dickson expects to renovate three more historic building in the campus complex. The Lofts is part of a dramatic commercial and residential redevelopment of the city core, employing new urban principles.