Serenade
at Park Central
Modern high-rise living on Albuquerque’s iconic Route-66.
100 Homes
Contemporary Finishes
10-Story High-Rise
On Central Ave

- 100 total apartment homes
- Studio and one-bedroom layouts
- High-Rise views
- Knob Hill, Central & San Mateo corridor
About
Serenade
At Park Central
Serenade at Park Central transforms a long-vacant 10-story tower at 300 San Mateo Blvd NE into one of Albuquerque’s few modern high-rise multifamily communities. Located within Knob Hill, the project brings new life, contemporary design, and much-needed housing to a major transit corridor at Central & San Mateo.
This residential community will offer 100 thoughtfully designed apartments, including 41 income-restricted affordable units serving households earning at or below 80% of the Area Median Income (AMI). In partnership with the City of Albuquerque’s Metropolitan Redevelopment Agency, the project advances the city’s Housing Forward initiative, adding supply, revitalizing a key urban node, and activating a site that has long been underutilized.
- 100 total apartment homes
- Studio and one-bedroom layouts
- High-Rise views
- Knob Hill, Central & San Mateo corridor

Building Amenities
Luxury Lifestyle, Thoughtfully Designed
Serenade at Park Central delivers a new standard of elevated urban living in Albuquerque. With contemporary design, efficient layouts, and curated amenity spaces, the community offers an experience rarely found in the city’s rental market.
Among Albuquerque’s few modern high-rise multifamily buildings, Serenade at Park Central brings contemporary architecture, expansive views, and inclusive housing options to the heart of the city.
Residences
Studio and one-bedroom apartments have been designed with comfort, efficiency, and livability in mind. Expansive windows, abundant natural light, and optimized layouts create a modern, welcoming atmosphere for residents.
Featured Amenities
Balconies for every residence
Balconies
Rooftop recreation space with panoramic mountain and city views
Rooftop Recreation
Offers residents a home where they can live well and thrive.
Outdoor Pool
Fitness center with modern equipment
Fitness center
Resident lounge & community spaces
Resident lounge
Secure building access and updated building systems
Secure building access
Proximity to ART transit, retail, and neighborhood services
Proximity
Amenities are conceptual and subject to refinement as design progresses.
Galleries
Explore the vision
Browse architectural renderings showcasing the building’s exterior, interior residential layouts, and planned amenity spaces. These visuals offer an early look at the design direction and experience envisioned for future residents.

In the News
Serenade at Park Central has been featured in local and regional media as one of the city’s most significant mixed-income housing transformations. Explore the latest coverage below.
Oct 16, 2025
City Greenlights Central and San Mateo Housing Redevelopment
The City of Albuquerque has issued a building permit for Serenade at Park Central, marking a major milestone in transforming the long-vacant ten-story office building at 300 San Mateo Blvd. NE into 110 new mixed-income apartments. The redevelopment, led by Silverstone Equity Partners, represents the next step in the City’s effort to convert vacant commercial properties into housing that meets the needs of Albuquerque’s growing workforce.
Oct 28, 2025
Building permit moves San Mateo tower redevelopment project forward
Oct 28, 2025
Gap financing for housing project approved by Albuquerque city council
Oct 28, 2025
Developer secures gap financing for 10-story office-to-apartment transformation
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