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River View Apartments at Cascades Development: Key Information and FAQs
TL;DR
The $7 million River View Apartments project offers investors and developers a strategic advantage in Carlsbad's high-demand housing market driven by industrial growth.
The Carlsbad Department of Development is constructing 36 modern apartments with various floor plans as part of a $22 million mixed-use development to address housing needs.
This project expands housing options for workers and families, supporting community growth and transforming underutilized land into an active, productive part of Carlsbad's future.
River View Apartments will bring luxurious living along the Pecos River, marking the first residential development in the Cascades at Carlsbad mixed-use area.
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The River View Apartments is a new housing development in Carlsbad, New Mexico, consisting of 36 modern apartment homes with one-, two-, and three-bedroom floor plans, located in the Cascades development along the Pecos River.
The project addresses Carlsbad's high housing demand driven by unprecedented growth in the oil and gas industry and an influx of workers, while also stimulating economic activity and supporting the community's long-term success.
Key stakeholders include the Carlsbad Department of Development (CDOD), principles Gary and Alex Millican, CDOD President Susan Crockett, CDOD Executive Director Kristen Gamboa, and City of Carlsbad Mayor Rick Lopez.
The groundbreaking was announced on January 06, 2026, with construction scheduled to start in January 2026.
The apartments are located in the Cascades development along the Pecos River in Carlsbad, New Mexico, as part of the Cascades at Carlsbad mixed-use commercial development.
The River View Apartments is a $7 million project, and it's part of the Cascades development which has multiple projects underway totaling nearly $22 million.
The River View Apartments will offer one-, two-, and three-bedroom floor plans to accommodate various housing needs.
The River View Apartments is the first housing development as part of the Cascades at Carlsbad, a mixed-use commercial development led by the CDOD that aims to transform underutilized land into an active, productive part of the community.
The project expands housing options in a high-demand market, brings new high-end residential capacity, attracts professionals and families, stimulates economic activity, and represents an investment in Carlsbad's future growth.
For more information, contact the Carlsbad Department of Development (CDOD) at DEVELOPCARLSBAD.ORG, which provides confidential assistance to businesses considering expansion or new investment in the area.
Curated from 24-7 Press Release
