New Mexico Awards $844M Contract For State Fairgrounds Redevelopment Plan

The State of New Mexico has awarded a contract to Stantec Consulting Services to develop a comprehensive master plan for the 236-acre New Mexico State Fairgrounds in Albuquerque. Governor Michelle Lujan Grisham supports relocating the fair and redeveloping the site, with possibilities including a $400 million arena, mixed-use neighborhoods, and increased year-round utilization of the fairgrounds. Former Albuquerque Mayor Martin Chavez is leading the initiative, emphasizing a data-driven approach and community engagement to explore all options, including whether the fair should remain at its current location. The plan aims to transform the fairgrounds into a stronger economic, cultural, and entertainment hub, potentially injecting billions of dollars and creating jobs while revitalizing surrounding neighborhoods. Acting General Services Department Cabinet Secretary Anna Silva highlighted the project's goal to ensure the fair remains a vital asset for generations to come by identifying innovative and forward-thinking ideas. While the timeline for the plan's completion is still unclear, the initiative reflects a significant effort to reimagine the future of this important state event and property.