A lease agreement between New Mexico United and the City of Albuquerque was approved by Albuquerque City Council on Monday night, paving the way for next steps in construction of a stadium at Balloon Fiesta Park. The council voted in favor of approval of the lease by a 7-2 margin.
“We are excited that the Council has approved a lease that allows New Mexico United to move forward with the construction of a privately-funded stadium that will be for all New Mexicans,” said United Owner/President Peter Trevisani. “We still have a lot of work to do, and are honored to represent our incredible state. Somos Unidos.”
Construction of the stadium will be privately funded by the club.