Regular Governing Body Meeting - Last Wednesday — Wed, Aug 26, 2026 · 8.a Midtown Infrastructure Update. (Carly Venditti, Metropolitan Redevelopment Director; cavenditti@santafenm.gov)
= ' TYO SA _TY ICITY OF SANTA FE Midtown Infrastructure Update Potential Sources Tax Increment via TIF Resolution across MRA Local Economic Development Act (LEDA) NM Economic Development Site Readiness State Capital Outlay (ICIP) Land Disposition Revenue EDA Public Works and Economic Adjustment Assistance Grant Infrastructure Estimates $77 Million Right of Ways $54,000,000 Utilities & Pave Tank ($12,365,610) Parks (7.9 acres) $23,000,000 Infrastructure Design is at 90% completion with 100% expected November 2026 N ex t Steps • Collaboration with Midtown development partners • Request for Information (RFI) to generate vendor interest • Tax Increment Enabling Resolution • Grant Writing Infrastructure Components Green Stormwater Infrastructure (GSI) Roadways Bicycle Infrastructure Landscaping Our Design Team All phasing options include a base assumption of $12,365,610.25 for all utilities and pave tank due to trenching, performance bond, and insurance requirements. WIISOIV &COMPANY WERKur •ban I design ''' ) Phasing Option 1 – All Roads ALL ROADS SEGMENT TOTAL (INCLUDES TAX) (EXCLUDES UTILITIES & PAVE TANK) MID A1 $ 2,731,738.10 MID A2 $ 3,132,298.40 MID B1 $ 2,140,266.30 MID B2 $ 3,201,588.49 MID C1 $ 2,112,705.95 MID C2 $ 2,862,154.48 MID D1 $ 1,335,194.10 MID D2 $ 2,953,232.22 MID D3 $ 622,930.19 MID E1 $ 2,410,298.28 MID E2 $ 1,696,971.59 MID E3 $ 2,893,603.68 ALUM 1 $ 1,732,850.72 ALUM 2 $ 2,479,226.62 ALUM 3 $ 2,187,434.76 ALUM 4 $ 1,502,104.64 ONE W1 $ 497,983.90 ONE W2 $ 1,963,579.69 TWO W1 $ 991,953.57 SIRINGO $ 2,416,435.39 E1 LOT $ 934,841.37 C.P. LOT $ 425,632.91 ARROYO $ 9,169,636.44 C. PLAZA $ 8,277,123.76 GSD POND $ 1,879,717.28 RESTROOM $ 2,000,000.00 OVERALL UTILITIES & PAVE TANK $ 12,365,610.25 *INCLUDES • $12,365,610.25 for all utilities and pave tank • Paved roads for selected sections • Landscaping for selected sections Estimate $54,230,161.31 CENTRAL PLAZA LOT LJ_2MI002 MIDTOWN ROADS OPTION Phasing Option 2 – Most Roads *INCLUDES • $12,365,610.25 for all utilities and pave tank • Paved roads for selected sections • Landscaping for selected sections MOST ROADS SEGMENT TOTAL (INCLUDEDS TAX) (EXCLUDES UTILITIES & PAVE TANK) MID A1 $ 2,731,738.10 MID A2 $ 3,132,298.40 MID B1 $ 2,140,266.30 MID B2 $ 3,201,588.49 MID C1 $ 2,112,705.95 MID C2 $ 2,862,154.48 MID D1 $ 1,335,194.10 MID D2 $ 2,953,232.22 MID D3 $ 622,930.19 MID E1 $ 2,410,298.28 MID E2 $ 1,696,971.59 MID E3 $ 2,893,603.68 ALUM 1 $ 1,732,850.72 ALUM 2 $ 2,479,226.62 ALUM 3 $ 2,187,434.76 ALUM 4 $ 1,502,104.64 ONE W1 $ 497,983.90 ONE W2 $ 1,963,579.69 TWO W1 $ 991,953.57 SIRINGO $ 2,416,435.39 E1 LOT $ 934,841.37 C.P. LOT $ 425,632.91 ARROYO $ 9,169,636.44 C. PLAZA $ 8,277,123.76 GSD POND $ 1,879,717.28 RESTROOM $ 2,000,000.00 OVERALL UTILITIES & PAVE TANK $ 12,365,610.25 Estimate $48,061,395.29 Phasing Option 3 – Midtown Calle Connection *INCLUDES • $12,365,610.25 for all utilities and pave tank • Paved roads for selected sections • Landscaping for selected sections MIDTOWN CALLE CONNECTION SEGMENT TOTAL (INCLUDES TAX) (EXCLUDES UTILITIES & PAVE TANK) MID A1 $ 2,731,738.10 MID A2 $ 3,132,298.40 MID B1 $ 2,140,266.30 MID B2 $ 3,201,588.49 MID C1 $ 2,112,705.95 MID C2 $ 2,862,154.48 MID D1 $ 1,335,194.10 MID D2 $ 2,953,232.22 MID D3 $ 622,930.19 MID E1 $ 2,410,298.28 MID E2 $ 1,696,971.59 MID E3 $ 2,893,603.68 ALUM 1 $ 1,732,850.72 ALUM 2 $ 2,479,226.62 ALUM 3 $ 2,187,434.76 ALUM 4 $ 1,502,104.64 ONE W1 $ 497,983.90 ONE W2 $ 1,963,579.69 TWO W1 $ 991,953.57 SIRINGO $ 2,416,435.39 E1 LOT $ 934,841.37 C.P. LOT $ 425,632.91 ARROYO $ 9,169,636.44 C. PLAZA $ 8,277,123.76 GSD POND $ 1,879,717.28 RESTROOM $ 2,000,000.00 OVERALL UTILITIES & PAVE TANK $ 12,365,610.25 Estimate $28,236,436.35 MIDD2 - - - -- MID D3 Phase 2 - Parks Park Components • Discovery Play Wash • Food Forest • Food Truck Utilities • Event Stage • Playground Equipment • Sports Field The MRA recommends the implementation of Arroyo Park (5.9-acres) in Phase 2. Questions? Carly “Cav” Venditti cavenditti@santafenm.gov