Santa Fe Moving Forward On Midtown Redevelopment
The Santa Fe Governing Body has approved the latest legislation on the Midtown Project.
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The Santa Fe Governing Body has approved the latest legislation on the Midtown Project.
Copyright © 2021 Albuquerque Journal SANTA FE – The future of Santa Fe’s coveted Midtown campus remains a mystery, but many of its current buildings may not survive. KDC Real Estate Development and Investment/Cienda Partners, the former master developer of the Midtown campus, announced Jan. 21 it would terminate its agreement with the city of Santa Fe because the 64-acre campus had “no commercial value.” Due to that lack of value, some buildings would likely have to be removed. KDC/Cienda recommended the city demolish 17 buildings on the campus, while preserving eight for any future ...
January 28 Santa Fe City Council voted unanimously to mutually end an exclusive negotiation agreement with Midtown campus master developers KDC/Cienda Partners during a special meeting Thursday evening. It's been exactly a week since the city announced it had received a letter from the Dallas-based developer asking to exit the agreement due to COVID-19 and significant infrastructural problems on the site. The pressure to do something with the campus now hangs over the last year of Alan Webber's term as mayor as the city continues to battle the economic and social impacts of the pandem...