It is located in Santa Fe, New Mexico at 410 Guadalupe Street, within an area of urban renewal referred to as the "Railyard".

The depot proper was the namesake station of the Atchison, Topeka and Santa Fe Railway (ATSF) starting February 9, 1880[1] and for most of the twentieth century.

The depot is the northern terminus of a former ATSF spur line running from Santa Fe to Lamy, 18 miles to the south.

The result of the development, which was mostly complete as of January 2009, is a train themed district housing community uses such as a park, a youth center, Site Santa Fe, a farmers' market, and commercial activities alongside the working railroads.

The park was designed with input from local residents, and was made possible through funding and support from The Trust for Public Land.