While the New Mexico Department of Transportation owns the right-of-way for the unbuilt section, its completion is contingent upon future growth within Albuquerque and Rio Rancho and the availability of funding.

[3] An environmental impact statement for the Paseo del Volcan project was approved in August 2001 by the Federal Highway Administration (FHWA).

[4]: 4, 8  In July 2011, a street west of Albuquerque also known as Paseo del Volcan was renamed Atrisco Vista Blvd.

[4]: 5  Interchange construction at I-40 will be Phase 3 of the project and awaits acquisition of individual private parcels along the Interstate.

[7]: 12  Extending the road to link to I-25 on both the north and south ends to create a western bypass in metropolitan Albuquerque is also being planned.