NEWS & PRESS RELEASES
Cienda’s investments, impact and people in the news.
New Financing for Big Oak Cliff Building Site
Former Oak Farms dairy property across the river from downtown Dallas is slated for mixed-use construction. Investors who own one of the most high-profile building sites in North Oak Cliff have gotten new financing for the property.
Luxury Apartments are Popping Up in Oak Cliff — and so is New Affordable Housing
North Oak Cliff has become a laboratory of public-private partnerships to build workforce rentals. Dirt keeps flying in north Oak Cliff, where construction crews are building more than 600 luxury apartments throughout the neighborhood.
It’s National Margarita Day: Try This Perfect Recipe From A 100-Year-Old Santa Fe Hotel
Santa Fe icon La Fonda on the Plaza turns 100 this year, and the storied hotel is celebrating its staple-status with a custom tequila crafted by Herradura and a celebratory signature cocktail. If you’ve been to “The City Different,” you’ve definitely seen the luxury property at the southeast corner of Santa Fe Plaza and, if you haven’t checked in or even ventured inside yet, this is your year.
La Fonda Owners Close on Surprise Purchase of Old Santa Fe Inn
Owners of La Fonda on the Plaza closed on the purchase of Old Santa Fe Inn for an undisclosed price Monday. The sale includes the former Albuquerque Journal North bureau office the newspaper recently vacated. That space will be converted into five new rooms for the 58-room hotel that the local Barker real estate family created in 2003.
Santa Fe’s La Fonda on the Plaza Hotel Turning 100
When history and hospitality collide, it’s time to party. Santa Fe’s La Fonda on the Plaza hotel turns 100 in 2022, and it is hardly bashful about showing its age. Not only is the hotel buffed and polished for its centennial gala on Jan. 22; it’s proud to be even older than it looks.
Dallas Approves Deal for Design, Construction of I-35E Oak Cliff Deck Park
Southern Gateway Park is estimated to cost $172 million and will be built above I-35E near the Dallas Zoo.A nonprofit foundation will oversee the design and construction of a park being built over Interstate 35E in Oak Cliff.
West Dallas STEM School Virtual Groundbreaking Ceremony
The Dallas Independent School District Board of Trustees and Superintendent of Schools Michael Hinojosa invited viewers to a virtual groundbreaking ceremony for the new West Dallas STEM School on June 16, 2021.
Santa Fe Hears from Midtown Developer
SANTA FE, N.M. — “Santa Fe is full of people with opinions and those opinions matter. You need to be engaged and listen.”So said James Feild, chief development officer of Cienda Partners, during the city of Santa Fe’s first “Meet the Developer” meeting on Tuesday that solicited public input about the redevelopment of the city-owned…
Master Developer for Midtown Campus Builds Entirely Local Team
The firm negotiating with the city of Santa Fe to redevelop the midtown campus is based in Dallas, but there’s New Mexico flavor galore.And in fact, it may have been a loose-knit but heavily local push that reeled in KDC Real Estate Development & Investment/Cienda Partners to take on the massive project in an alliance.
For Midtown Campus, ‘We don’t Want a Place that is “Them” and “Us” ’
If there was a critical moment in the search for a midtown campus master developer, it might have come in September.That’s when officials from KDC Real Estate Development & Investments/Cienda Partners met Mike Loftin, CEO of Santa Fe’s Homewise.
Redevelopment of Santa Fe’s Midtown Site Moves Ahead
SANTA FE, N.M. — The city of Santa Fe governing body, which includes Mayor Alan Webber and the eight-member city council, voted Monday to enter into a one-year contract with a master developer for the city-owned Midtown site, the former home of the Santa Fe University of Art and Design.
Santa Fe Chooses Finalists for Midtown Campus Redevelopment
SANTA FE, N.M. (AP) — The city of Santa Fe has named three finalists for the redevelopment of a city-owned campus that was left vacant when the Santa Fe University of Art and Design closed.
After Amazon Slam, Here’s the Tough Love that Dallas and Texas Need to Hear About HQ2
Soon after learning that Dallas wouldn’t be getting Amazon’s second headquarters, the Dallas Regional Chamber put out a statement.“Make no mistake,” CEO Dale Petroskey said in the news release, “this has been a ‘win’ for our region regardless of the outcome.”Say what? Dallas not only failed to land Amazon HQ2. It fell short on HQ3, too.
North Texas Developers Hope to Use Amazon ‘Roadmap’ to Snag Next Big Thing
North Texas developers embraced a glass-half-full approach Tuesday after being passed over for Amazon’s highly-prized HQ2, with some saying saying that the Seattle giant’s arrival could have sucked all the oxygen from the room.“As amazing a company as Amazon is, I am glad we did not win,” said developer Lucy Billingsley, a partner with Billingsley Company.
Dallas May Have Lost Amazon, but Downtown was Still a Big Winner
Toyota went to Plano.State Farm Insurance landed 10,000 jobs in Richardson.And the financial giant Charles Schwab is still building its new regional office campus in Westlake.But when Amazon shopped North Texas for its HQ2 site, it wasn’t interested in the burbs.Downtown was where the digital retailing giant considered putting thousands of workers.
Cienda Partners Jumps the River
About six years ago, Philip Wise and Barry Hancock’s Cienda Partners began using pseudonyms when buying up tracts of land on the southwestern side of the Trinity River near downtown Dallas, so as not to attract attention.
How You Can Help Build a Deck Park with the Power to Transform Oak Cliff
Concrete highway canyons and economic disparities have long plagued Dallas — and sometimes the two go hand in hand. That’s why the new deck park planned for Interstate 35E just south of downtown holds such promise.
New Construction is Back at Las Campanas
Las Campanas Realty is excited to announce that new construction has increased dramatically at Las Campanas. When Las Campanas Realty announced the implementation of a new Preferred Builder Program in early 2017, it was expected that the program would be successful, but no one could have imagined the success that has taken place.
Amazon in Oak Cliff? Prime Property Owners Pitch Site for Huge HQ
Investors who own a key development site on Oak Cliff’s doorstep are pitching the property as a site for Amazon’s huge new corporate headquarters.The site of the old Oak Farms Dairy and other land investor Cienda Partners owns has a front row seat on the downtown Dallas skyline.
I-35 Deck Park Gets Unanimous Support from Dallas City Council
The Dallas City Council gave unanimous support for a new deck park in Oak Cliff near the Dallas Zoo on Wednesday, while emphasizing the need for more financial support to complete the project. The vote commits the city to $7.1 million in transportation development credits.