The Alvord School Redevelopment Opportunity

The Alvord School represents one of the most significant redevelopment opportunities in Santa Fe’s urban core. Located at 1625 Paseo de Peralta, the ±2.9-acre infill parcel sits directly adjacent to the Santa Fe Railyard, the city’s premier mixed-use cultural district. The existing ±30,760 square foot building, originally built in 1931 and expanded several times through the 1970s, offers uncommon flexibility within the highly permissive Business Capital District (BCD) zoning designation.  Extensive entitlements—including the Alvord Master Plan, archaeological clearance, and pre-reviewed infrastructure—substantially reduce planning risk and development timelines. This parcel’s size, location, zoning, and entitlement status collectively position The Alvord School as a rare opportunity for hospitality, residential, mixed-use, institutional, medical, or educational redevelopment.

- Large ±2.9-acre infill redevelopment site in Santa Fe’s Guadalupe/Railyard district

- ±30,760 SF existing building suitable for adaptive reuse or full redevelopment

- BCD zoning permitting hospitality, office, medical, residential, institutional, retail, and cultural uses

- Alvord Master Plan approved with height zones, massing, setbacks, architectural requirements

- Archaeological clearance granted (Sept 1, 2022)

- 46-unit all-suite hotel program approved (modifiable)

- Exceptional walkability to the Railyard district