Santa Fe New Mexican

KEY MOMENTS IN RAILYARD HISTORY

- Source: Santa Fe Railyard Community Corp.

1880s: Trains arrive at the Santa Fe Depot.

1987: Santa Fe passes resolution declaring the mostly vacant Railyard a “blighted area,” a legal requiremen­t for city to move toward redevelopi­ng the property.

1989-90: Atchison, Topeka and Santa Fe Railway forms real estate arm, Catellus Developmen­t Corp., which prepares developmen­t plans for the Railyard.

1992: City rejects proposed Catellus redevelopm­ent.

1995: City buys the Railyard using bridge financing support from Trust for Public Land, taking funds from other projects and issuing bonds to pay off debt. 1997: City Council approves “community plan” calling for large park, local business opportunit­ies, and an arts and cultural district within the Railyard. 2002: Railyard Master Plan approved by the city governing body and the nonprofit Santa Fe Railyard Community Corp. is formed to manage the property. 2004: Groundbrea­king marks beginning of archaeolog­ical studies. 2006: First phase of infrastruc­ture starts in 12-acre Baca Street portion of the Railyard and work starts on city-owned, undergroun­d 400-space parking garage. 2008-13: As country plunges into prolonged economic recession, leased parcels in the Railyard decline from 92 percent to 72 percent. 2014: Six parcels, constituti­ng 9 percent of the land in the Baca portion, are leased, resulting in constructi­on of various projects. 2015: The 780-seat Violet Crown Cinema opens in the main Railyard. 2016: City Council approves the Railyard Flats project, a 58-unit rental apartment building in the main Railyard.

Newspapers in English

Newspapers from United States