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Historic Imperial Inn Gets Stunning Transformation

EDo property remodeled into a thriving center of commerce and residential vibrancy
January 25, 2024

ALBUQUERQUE – Today, the City’s Metropolitan Redevelopment Agency celebrated the grand opening of The Imperial redevelopment project in East Downtown Albuquerque.  

This historic Route 66-era building, once known as the Imperial 400, has undergone a remarkable transformation, preserving its heritage while introducing modern enhancements.

The Imperial now stands proudly with 52 thoughtfully designed guest rooms, 16 renovated residential suites, and approximately 4,410 rentable square feet of commercial space. The project not only rejuvenates a piece of local history but also addresses the growing demand for high-quality accommodations and commercial spaces in our greater downtown community.

The finished project is the result of a public-private partnership between MRA and Palindrome Communities LLC, supported by $700,000 in gap financing from MRA. This strategic investment ensured the financial feasibility of the project, aligning with the City's commitment to fostering economic growth while preserving the unique character of our city.

“We at Palindrome are excited to introduce Albuquerque to The Imperial, our newest hospitality offering on Route 66,” said Chad Rennaker, President of Palindrome Communities. “This is a project that looks to the past and to the future, honoring the legacy of the Mother Road while updating the property to be an alluring destination for locals and visitors for many years to come. Thanks to our partners at the Albuquerque Metropolitan Redevelopment Agency and Clearinghouse CDFI for sticking with us through this challenging, but ultimately successful, redevelopment. We are proud that The Imperial will join so many other great businesses in the EDo neighborhood, and look forward to having a cocktail at the Imperial Dive with all of our new and old friends.”

Palindrome Communities LLC preserved and restored the original pool, as well as an iconic butterfly sun flap roof over the front lobby that was designed by the original architectural firm, Palmer and Krisel in 1959.

“This historic landmark, with its roots in the Route 66 era, has been given new life through a thoughtful restoration process. The collaboration between the Metropolitan Redevelopment Agency and Palindrome Communities LLC showcases the power of public-private partnerships in revitalizing our community,” said Mayor Tim Keller. “The Imperial stands as a testament to our commitment to preserving our city's heritage while meeting the evolving needs of our residents and visitors."

“The Imperial now stands as a vibrant hub, offering high-quality accommodations and commercial spaces that contribute to the ongoing growth and vitality of East Downtown Albuquerque,” said MRA Director Terry Brunner. “This redevelopment project will undoubtedly enhance our community's appeal and contribute to our city's economic vibrancy for years to come."

As The Imperial opens its doors to the public, we invite everyone to experience the charm and history that this landmark now offers to our community. For inquiries about commercial and residential leasing, please contact 505-514-2311.