Purchase Process for Artyard Units

The pricing below reflects the cost for the residential shell units at the RailYard. This is consistent with how we've sold space at our Lofts projects at Marquez Place and Cerrillos Road. We have found that future owners prefer this method, as they are able to customize their unit to their exact needs. The anticipated costs for the finish out of the space starts around $83.00 per foot. Unlike other builders we don't limit you to a set of "Options", but allow you to select finishes of any level, detail, size or color. The above picture, created by our Architect, Praxic, Inc., is a computer rendition of what the space "could" look like, limited only by your imagination

Unit #. Square Feet Shell Pricing

3201 1553 $449,900.00

3202 1502 $429,900.00

3203 1123 $299,900.00

3204 1531 Reserved

3205 1021 Reserved

3206 1531 Reserved

3207 1123 Reserved

3208 1502 $429,900.00

3209 1553 $449,900.00

The above pricing is for shell space only, finish out and other costs may apply. All pricing and square feet are subject to change without notice.

As one of the only art communities in the country that is not receiving any type of tax benefit or governmental support, we feel we have done a good job at keeping the prices at a reasonable rate, considering these nine units (2 of which we are required to sell under the city's affordable ordinance), are the only residential units for sale in the North Railyard.

If for some reason you are unable to purchase in this building, please keep in mind that we will be leasing the Trackside Building next door to the Parkside, units will rent for from $850 to $2250 per month. We are also building five new units at the Marquez Place Lofts and will have a new mixed use development one block away from the ArtYard in the old Club Luna and Healy Mathews buildings. If approved, this building will also have a residential component with affordable units as required by the city.

Once you have been approved as an Artist, I will let you know how to go about submitting an offer for a unit.

THE SHELL

As we have done in previous projects, we will be selling individual shell spaces, and will allow you to finish to your own tastes and needs. As we are seeking a Silver LEEDS rating on the lower commercial spaces and a Gold Rating from the Green Build New Mexico Program on the residential spaces, certain energy efficient features will be required in all units. We do require that our construction contracting company, The Lofts, LLC, perform all owner finish out work. The cost of water and energy conservation features will be listed separately from the shell price.

Questions? Contact Tony Allegretti at (505)474-3600

Located in the newly developed Santa Fe Railyard area, The ArtYard consists of three buildings; Parkside, Trackside and Paseo. The Parkside and Trackside buildings will have commercial and retail space on the ground level, with Live/Work Loft spaces above. The Paseo building sits on Paseo de Peralta and will have 30,000 square feet of commercial, retail and office space on three levels.

The Railrunner Train, the Farmers Market, Warehouse 21 teen center, Site Santa Fe and the new Railyard park and performance area are all a stones throw away from the ArtYard, making for a vibrant and busy environment. In addition to the immediate activity, the project sits along the Paseo Arts corridor within walking distance to galleries such as Victoria Price, Gebert, William Siegal, Box Gallery, Tai and James Kelly Contemporary, to name a few.

Owner is a licensed NM Real Estate Broker. All pictures and floor plans are for visual representation only and
subject to change. Prices and square footage calculations also subject to change. Change happens.

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