NM State Fair board agrees to spend $114M on housing, stadium

Under the new master plan the board adopted, a corner of the fairgrounds property will make way for new housing, a stadium and a public park.

By: Patrick Lohmann

Outlets: Source New Mexico

Published: March 23, 2026

Words: 625

Last Updated: 4 months, 1 week ago

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A board the New Mexico Legislature created in 2025 to transform the 236-acre State Fairgrounds property in the center of Albuquerque voted Monday to move forward with the first phase of that project, with the help of more than $100 million the Legislature approved in the session earlier this year.

Under the new master plan the board adopted Monday, the southwest corner of the fairgrounds property will make way for new housing, a multi-use stadium …

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