Developers begin work to transform former Wells Fargo building into affordable housing
Dec 30, 2025
ALBUQUERQUE, N.M. (KRQE) – The sale is done for the prominent former Wells Fargo building in downtown Albuquerque, and the affordable apartment transformation is now quickly taking shape with millions of dollars in help from the county. The 1970s-era Wells Fargo office building on Lomas Blvd. is
continuing its shift into affordable apartments. Two developers, Geltmore LLC and Lincoln Avenue Communities, now own the property, soon to be called Lomas Tower, and $10 million in county [...] ...read more read less