SITE SANTE FE WILL PLAY KEY ROLE IN URBAN REDEVELOPMENT

SITE Santa Fe announced Wednesday that it has signed a letter of intent to purchase its existing building from the city of Santa Fe, Heather Harrison reports in the Albuquerque Business Journal. The eighteen-thousand-square-foot contemporary-art museum, located in Sante Fe’s railyard district, will be “a key element in the development of the [district],” said Lleta Scoggins, executive director of the Santa Fe Railyard Community Corporation. Plans are underway to develop a fifty-acre area around SITE Sante Fe to include galleries, restaurants, retail shops, office space, and residential units.