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REAL ESTATE

New $7 million retail development under construction on Albuquerque’s West Side

Demi’s Pavilions will primarily feature cosmetic and beauty businesses

Construction continues on a new commercial site between Hong Kong Buffet and Demi’s Salon Boutiques off Coors Boulevard in Albuquerque on Friday. The development, Demi’s Pavilions, will bring more local beauty salons, cosmetic retailers and potentially a dentist’s office to the area.
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A fresh development recently broke ground on Albuquerque’s West Side, aiming to enhance the community in more ways than one.

Demi’s Pavilions, a new commercial site at 10120 Coors NW, is officially under construction. The project will bring 17,000 square feet of new retail space to an empty 2.5-acre lot situated between Hong Kong Buffet and Demi’s Salon Boutiques, according to Richard Ayala, owner of Prestigious Industries.

Prestigious Industries, a local residential and commercial contractor, broke ground on Demi’s Pavilions in June. Ayala said the site will feature three separate buildings, which will include 10 suites ranging from 1,500 to 2,100 square feet.

Most of the units have already been leased to beauty salons and cosmetics retailers, but a dentist’s office could also potentially join the lineup, Ayala said. Most of the tenants will be local — a highlight of the project for Ayala.

“My hope for this project is that it becomes a place where local businesses can thrive in a modern, welcoming environment,” he said.

The property’s owners — the same people who own Demi’s Salon Boutiques — first approached Ayala’s company about the project a few years ago. While Ayala originally founded his company — formerly Prestigious Homes — to focus on residential real estate in 2006, the company has shifted much of its attention to commercial development over the past five years.

“Our passion is building shopping centers like these to bring more opportunity to the community by having a place for tenants to conduct their business,” Ayala said.

The development will also feature a parking lot with 127 spaces, including four “Level 2” electric vehicle chargers and four “Level 3” electric fast chargers. The total cost of development for the project is a little more than $7 million, Ayala said.

With help from local architect Don Dudley and designer Penny Dudley, Ayala said he expects Demi’s Pavilions to reach completion in the next 10 to 11 months.

For Ayala, the real excitement will come when businesses begin opening at the property, which he said the owners expect will generate up to 100 new jobs.

“Our goal is to create a building that not only looks attractive and enhances the surrounding area, but also provides a space where each business can pursue its goals, grow and serve the community,” he said. “I hope this development becomes a source of opportunity, reflects the aspirations of the businesses that call it home and contributes positively to the area’s continued growth.”

Kylie Garcia covers retail and real estate for the Journal. You can reach her at kgarcia@abqjournal.com.