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Council approves start of Midtown parcel sale/lease process; MRA outlines 24 acres available
Summary
The Metropolitan Redevelopment Agency presented a marketing and disposition plan for Midtown, saying 22 development tracts exist and approximately 24.8 acres (eight tracts) will be offered for sale or lease; the governing body voted to proceed with the disposition announcement and outreach.
The City of Santa Fe voted on March 26 to begin the formal disposition process for up to eight development tracts at the Midtown site, authorizing staff to proceed with marketing and developer outreach under the Midtown community development plan and a 2021 governing-body resolution.
Daniel Hernandez, director of the Metropolitan Redevelopment Agency (MRA), told the council that Midtown encompasses about 64 acres and that, following recent surveys and parcel mapping, 22 tracts are identified for development. Of those, 14 tracts are already in predevelopment or designated for civic infrastructure; roughly 24.8 acres spread across eight tracts are now being offered through a sale-or-lease disposition process.
The disposition move matters because Midtown is intended as a…
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