Railyard by the Numbers

  • 50 acres in total
  • 13 acres of public spaces (Park, Plaza, Alameda) – Conservation Easement
  • 37 acres of commercial development
  • $23 million in land acquisition cost was paid off in 2010
  • Final build out will total 540,000 square feet in 36 buildings
  • 42 land parcels – 90% leased as of 1st Quarter 2017
  • 22 privately owned buildings have been developed to date
  • 6 buildings are city-owned
  • 25 acres of commercial development in the North Railyard
  • 12 acres of commercial development in the Baca Street portion of the project
  • Total project value of $144 million is comprised of $74 million in public sector investments and $70 million invested by the private sector

Santa Fe Railyard Project Tenants

  • The vast majority of funding was obtained from local government and the private sector.
  • The State of New Mexico contributed $950,000 while the federal government provided $50,000 through an HUD grant.
  • The City of Santa Fe, by comparison, has invested $60.7 million.
  • The private sector will invest approximately $70 million in privately owned buildings as they are constructed.
  • Donations from private individuals and organizations total $6 million and have contributed to the construction of the Railyard Park.