new-mexico-state-university-carlsbad-meeting-minutes-2024-06-28_a07.pdf
$15M State Grant for Arrowhead Park Soundstage Approved
Trusted by teams at
Description
NMSU Regents approved a $15 million development agreement with the New Mexico Economic Development Department for a new commercial soundstage at Arrowhead Park. Project includes construction and future educational benefits.
Contract Details
Contract Amount
$15,000,000
Vendor
STATE OF NEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENT
Agency
New Mexico State University-Carlsbad, NM
Contract Type
CONSTRUCTION
Document Date
June 28, 2024
Contract Term
Development and operation period, 10 years, option to terminate after 10 years
Renewal Date
2034-06-28
Renewal Info
Project includes a 10-year operational term with an academic conversion option for NMSU after 10 years. Further details to be defined with lease operator.
More from STATE OF NEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENT
Related Contracts
More from New Mexico State University-Carlsbad
dine_college_board_of_regents_regular_meeting_agen.pdf
dine_college_board_of_regents_regular_meeting_agen.pdf
new_mexico_higher_education_department_capital_pro.pdf
new_mexico_higher_education_department_capital_pro.pdf
new_mexico_higher_education_department_capital_pro.pdf
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.