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State of New Mexico State Fair - Stadium and/or Residential Mixed-Use Anchor Developer - RFP # 26-003 (2026)

New Mexico State Fair Commission | State of New Mexico logoNew Mexico State Fair Commission | State of New Mexico
Due
Nov 25, 2026
18 days left
Posted
Oct 13, 2026
Contract term
25 years
Primary contact
Antoinette Kulinna
(505) 222-9754

The 30-second brief

What they're buying

The New Mexico State Fair is inviting qualified firms to submit competitive sealed proposals for a stadium and/or residential mixed-use anchor developer(s) to redevelop a portion of the New Mexico State Fairgrounds located in Albuquerque, New Mexico. The redevelopment project encompasses the design, financing, construction, operation, and maintenance of a new ~15,000-seat stadium and a housing-anchored mixed-use district including 430 residential units, a 150-key hotel, 150,000 SF of retail, office, and entertainment space, and 348,380 SF of public park and open space. The Project is structured as an integrated design-build-finance-operate-maintain (DBFOM) undertaking and long-term ground lease, with estimated total project costs of approximately $210M for the stadium and $187.5M in potential private investment. Proposals are due by November 25, 2026, at 2:00 PM MST/MDT, with a pre-proposal conference scheduled for October 29, 2026. Evaluation will be based on qualifications, technical proposal, financial proposal, and oral presentations.

What you must deliver

Stadium (~15, 000 Seats), Residential (430 Units), Hotel (150 Keys), Retail, Office & Entertainment (150, 000 SF), Public Park & Open Space (348, 380 SF)

How it's scored

Qualifications (400), Technical Proposal (200), Financial Proposal (300), Oral Presentations (100)

18 days left to submitDue Nov 25

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Summary

The New Mexico State Fair is inviting qualified firms to submit competitive sealed proposals for a stadium and/or residential mixed-use anchor developer(s) to redevelop a portion of the New Mexico State Fairgrounds located in Albuquerque, New Mexico.

The redevelopment project encompasses the design, financing, construction, operation, and maintenance of a new ~15,000-seat stadium and a housing-anchored mixed-use district including 430 residential units, a 150-key hotel, 150,000 SF of retail, office, and entertainment space, and 348,380 SF of public park and open space. The Project is structured as an integrated design-build-finance-operate-maintain (DBFOM) undertaking and long-term ground lease, with estimated total project costs of approximately $210M for the stadium and $187.5M in potential private investment. Proposals are due by November 25, 2026, at 2:00 PM MST/MDT, with a pre-proposal conference scheduled for October 29, 2026. Evaluation will be based on qualifications, technical proposal, financial proposal, and oral presentations.

EVALUATION CRITERIA

Qualifications400
Technical Proposal200
Financial Proposal300
Oral Presentations100

REQUIRED DELIVERABLES

6
  • Stadium (~15, 000 Seats)
  • Residential (430 Units)
  • Hotel (150 Keys)
  • Retail
  • Office & Entertainment (150, 000 SF)
  • Public Park & Open Space (348, 380 SF)

REQUIRED ATTACHMENTS

5
  • Acknowledgement of Receipt Form
  • Campaign Contribution Disclosure Form
  • Letter of Transmittal
  • Financial Statements
  • Completed Appendix G Developer Term Sheet Offerors Response Form
Submit to
https://bids.sciquest.com/apps/Router/PublicEvent?CustomerOrg=StateOfNewMexico
Scope location
Albuquerque, NM
Reported agency
New Mexico State Fair

Questions about this RFP

How do I respond to this RFP from New Mexico State Fair Commission | State of New Mexico?

Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is November 25, 2026. The solicitation specifies required deliverables that must be addressed in your response. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: https://bids.sciquest.com/apps/Router/PublicEvent?CustomerOrg=StateOfNewMexico. For questions, contact Antoinette Kulinna.

Can small businesses or minority-owned firms bid on this RFP?

Most government agencies, including New Mexico State Fair Commission | State of New Mexico in NM, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.

What happens after the RFP submission deadline?

After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.

Can I ask questions about this solicitation before submitting?

Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Antoinette Kulinna at (505) 222-9754. Questions and answers are typically shared with all prospective bidders.

What are the key deliverables?

The solicitation specifies the following deliverables: Stadium (~15, 000 Seats), Residential (430 Units), Hotel (150 Keys), Retail, Office & Entertainment (150, 000 SF), Public Park & Open Space (348, 380 SF). Proposals should clearly address how each deliverable will be met.

Show 6 more questions

What are the evaluation criteria for this solicitation?

This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Qualifications (400), Technical Proposal (200), Financial Proposal (300), Oral Presentations (100)" Vendors should carefully align their proposals with each criterion to maximize their score.

Where can I find more RFPs from New Mexico State Fair Commission | State of New Mexico?

All active and historical solicitations from New Mexico State Fair Commission | State of New Mexico are tracked and searchable. As a state agency, New Mexico State Fair Commission | State of New Mexico regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.

What is the contract term for this solicitation?

The anticipated contract term is 25 years. Contract terms may include renewal options.

Is this solicitation still open for submissions?

Based on the posted deadline of November 25, 2026, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.

What documents are required to bid on this RFP?

Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Acknowledgement of Receipt Form, Campaign Contribution Disclosure Form, Letter of Transmittal, Financial Statements, Completed Appendix G Developer Term Sheet Offerors Response Form. Review the full document from New Mexico State Fair Commission | State of New Mexico for the complete list.

What is the scope of this project?

This solicitation defines a specific project scope. The scope covers the following locations: Albuquerque, NM. Review the full solicitation for detailed scope requirements.

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