Real Estate Assets & Redevelopment

Terry Lease
Asset Development Manager

Nina Nguyen
Asset Development Associate

The City of Santa Fe owns a portfolio of real estate assets that range from undeveloped land to fully operational commercial buildings. Serving as the nexus between community and economic development, the asset development team regularly reviews its portfolio to identify assets that are currently underutilized and could potentially be sold, leased, donated, or revitalized to support and expand the City’s goals. This process is subject to New Mexico Statutes Annotated 1978, Sections 3-54-1 and 3-54-2.

All active City real estate asset solicitations, including Requests for Proposals (RFPs), Requests for Qualifications (RFQs), Invitations to Bid (ITBs), and others, will be listed on this page and available to view and download during the active solicitation period. 

Requests for access to active solicitation details or their results before their public release cannot be granted, nor can details about respondents and finalists be released until the Governing Body has approved the transaction. 



Active and Upcoming Solicitations

RFP # ED-AC-2405
1614 Paseo del Peralta at the Santa Fe Railyard 

Update: The deadline for proposals has been extended to July 17, 2024, at 5 pm Mountain. See RFP Amendment 1 for further details.

Expanding and supporting Santa Fe’s creative industries is a top priority for the Office of Economic Development. We’re excited to announce a Request for Proposals (RFP) inviting visionary arts-based organizations interested in leasing, revitalizing, and activating the space at 1614 Paseo del Norte in the Santa Fe Railyard. 

With more than 17,000 square feet, this iconic building offers a blank canvas for new and expanded arts, culture, and entertainment-related programming in one of Santa Fe’s most vibrant creative hubs. 

RFP Release Date: Wednesday, May 22, 2024
Public Tour and Q+A Session: Wednesday, May 29, 2024, and Tuesday, June 11, 2024.
Proposal Submissions Due by Email: Wednesday, July 17, 2024.

Read more about this opportunity and view the full RFP



Contact Us

For inquiries about unoccupied or undeveloped City-owned assets, submit your request to Asset Development Manager Terry Lease at and Asset Development Association Nina Nguyen at  

Your request must include:

  • Your name and contact information
  • The address or location of the real estate asset you’re inquiring about
  • A detailed description of your inquiry

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