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  4. ›STADIUM AND/OR RESIDENTIAL MIXED-USE ANCHOR DEVELOPER(S)

State of New Mexico New Mexico State Fair·New Mexico

STADIUM AND/OR RESIDENTIAL MIXED-USE ANCHOR DEVELOPER(S)

Closes 11/25/2026$10M – $30MRequest for Proposal
Get bids like this by emailBid source

Description

The State of New Mexico’s State Fair is seeking qualified firms to submit sealed proposals for a master‑plan that can encompass two distinct development options on a portion of the Fairgrounds in Albuquerque: (1) a stadium design‑build project and (2) a housing‑anchored mixed‑use development. Offerors may target either component or both, providing integrated design, construction, financing, and consulting services. The solicitation calls for expertise in large‑scale public‑sector construction, residential and commercial building, real‑estate development, and related financing structures. • Design‑build delivery for a new or renovated stadium facility. • Residential (apartments) and commercial/institutional mixed‑use construction anchored to the stadium. • Comprehensive master‑plan, cost estimating, financing (including capitalized interest), and contingency planning. • Professional consulting for building systems, lease‑purchase options, and post‑construction facilities management.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Karen Wisdom

[email protected]

Key dates

Opened
10/13/2026
Closes
11/25/2026

Last updated

Details

Type
Request for Proposal
Industry
Construction
NAICS
236220
Solicitation №
RFP # 26-003

Budget estimate

$10,000,000 – $30,000,000

No contract value is disclosed, but comparable stadium‑plus‑mixed‑use projects in mid‑size U.S. cities typically range from $150 M to $300 M in total construction cost. Assuming the agency pays a design‑build fee of 7‑10 % of construction cost, the contractor’s earnings would fall roughly between $10 M and $30 M. This estimate factors in the dual‑track scope (stadium and residential), the need for design‑build integration, financing consulting, and potential lease‑purchase arrangements.

AI estimate from the solicitation

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