500 Marquette is a 15-story, high-rise office building located at 500 Marquette Avenue NW in
Downtown Albuquerque
Downtown Albuquerque is the central business district of Albuquerque, New Mexico, United States. It is where a significant number of the city's highrise buildings are located, and is the center of government and business for the Greater Albuq ...
,
New Mexico
)
, population_demonym = New Mexican ( es, Neomexicano, Neomejicano, Nuevo Mexicano)
, seat = Santa Fe
, LargestCity = Albuquerque
, LargestMetro = Tiguex
, OfficialLang = None
, Languages = English, Spanish ( New Mexican), Navajo, Ke ...
. The building was designed by Dwayne Lewis Architects and was completed in 1986. It is the fourth tallest building in the city.
The top floor of the building was home to the Albuquerque Petroleum Club, a members-only dining club which closed in 2007. During the 1990s, 500 Marquette was owned and managed by the Chicago-based
EQ Office
EQ Office is a real estate investment company that owns 80 office properties comprising 40 million square feet. The company is owned by funds managed by The Blackstone Group. The company was formerly known as Equity Office.
History
The company w ...
.
History
500 Marquette was built by Cavan Associates of
Phoenix
Phoenix most often refers to:
* Phoenix (mythology), a legendary bird from ancient Greek folklore
* Phoenix, Arizona, a city in the United States
Phoenix may also refer to:
Mythology
Greek mythological figures
* Phoenix (son of Amyntor), a ...
and opened in 1986, costing about $45 million in total. Part of the project was an attached parking garage, also intended to serve the recently completed City-County Building via a pedestrian walkway above 5th Street. The city negotiated a deal to lease about half the garage for that purpose. The office building struggled financially and went into foreclosure in 1989. Later that year it was sold to
EQ Office
EQ Office is a real estate investment company that owns 80 office properties comprising 40 million square feet. The company is owned by funds managed by The Blackstone Group. The company was formerly known as Equity Office.
History
The company w ...
.
Bernalillo County
Bernalillo County () is the most populous county in the U.S. state of New Mexico.Bernalillo ...
was in negotiations to purchase the building in 2008, but ended up backing off from the deal due to the worsening
financial crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and man ...
at the time.
Architecture
500 Marquette is tall and has 15 stories, making it Albuquerque's fourth tallest building. Designed by Dwayne G. Lewis Architects, it consists of an 11-story trapezoidal block cantilevered over a four-story glass
atrium
Atrium may refer to:
Anatomy
* Atrium (heart), an anatomical structure of the heart
* Atrium, the genital structure next to the genital aperture in the reproductive system of gastropods
* Atrium of the ventricular system of the brain
* Pulmona ...
, with a five-level parking garage extending to the south along 6th Street. The building has setbacks at the 8th and 10th floors and three corner balconies on the 5th through 7th floors. In front of the building entrance is a bronze sculpture by
Allan Houser
Allan Capron Houser or Haozous (June 30, 1914 – August 22, 1994) was a Chiricahua Apache sculptor, painter and book illustrator born in Oklahoma.
See also
*
List of tallest buildings in Albuquerque
This list of tallest buildings in Albuquerque ranks high-rises in the U.S. city of Albuquerque, New Mexico by height. The tallest building in Albuquerque is the 22-story Albuquerque Plaza Office Tower, which rises 351 feet (107 m ...