Plans are now underway to repurpose a nearly 30-year-old building within the 50-acre Santa Fe Railyard Arts District for use as an upscale boutique hotel.
Located at 400 Market Street, the two-story adobe-style structure, which also features a basement level, has for decades been the home to the monthly Outside magazine, whose focus is on outdoor recreational activities, particularly in the West.
Before setting up its offices in Santa Fe in 1995, the magazine had been in Chicago.
The magazine’s editorial operations were relocated last year to Outside Incorporated’s corporate headquarters in Boulder, Colorado.
The Los Alamos-based State Properties of New Mexico LLC purchased the property earlier this year, seeing it as a prime location for a hotel. Measuring around 25,000 square feet, the structure sits on a less than one-acre site and includes a courtyard.
Renovation of the structure is expected to result in the building of around 30 rooms.
The 400 Market Street site is located near the Santa Fe Farmers Market, as well as the tracks of the New Mexico Rail Runner Express commuter rail system.
The mixed-use Santa Fe Railyard and adjoining 10-acre park was officially opened in 2008 and is home to any number of restaurants, art galleries, and performance art spaces.
By Garry Boulard
