SANTA FE – The State Board of Finance today approved a $67 million bonding package for the State Fair District Board, representing the largest state investment in Albuquerque’s urban core in decades.
The bond will fund a predevelopment plan for the Fairgrounds’ southwest corner that includes a 10-acre public park with plazas, trails, play areas and restrooms, plus pedestrian-friendly upgrades along the Fairgrounds’ boundary.
The predevelopment plan positions the Fairgrounds as one of Albuquerque’s premier public amenities: a year-round destination with parks and community spaces that will serve residents across the city for generations to come…