Team Midtown, Which Includes 17 Local Partners, Signed Exclusive Negotiation Agreement with City
TEAM MIDTOWN, LED BY CIENDA PARTNERS AND KDC, NAMED MASTER DEVELOPER BY CITY OF SANTA FE FOR SANTA FE MIDTOWN DISTRICT
05/14/20 | Press Release
SANTA FE, New Mexico – (May 5, 2020) – Team Midtown, led by Cienda Partners and KDC, was named master developer and signed the Exclusive Negotiation Agreement with the City of Santa Fe to develop the 65-acre Santa Fe Midtown District. The team includes a variety of 17 local partners.
“We are honored to be named the master developer and given the exclusive right to negotiate with the City of Santa Fe to develop the Midtown Campus,” said James Feild, Principal with Cienda Partners. “We are excited to hear from the community during the town hall meeting on May 12 as well as other meet the developer opportunities, and we look forward to working together on this great development for the City of Santa Fe.”
Local developer, Cienda Partners, and national developer, KDC, bring a combined 50 years of master development experience to the Midtown Project, including extensive work with municipalities of all sizes, public agencies, and corporate clients.
In addition to Cienda Partners and KDC as the master developers, Team Midtown is composed of 17 local partners, including:
- University of New Mexico
- Santa Fe Community College
- Higher Education Center
- Youth Works
- Christus St. Vincent Health System
- La Fonda on the Plaza
- Yes Housing
- Aberg Property Company
- Hogan Group
- Autototoph Design
- Pacifica Ventures
- Justin Golding
- Phase One Realty
- Santa Fe Art Institute
- Sage Morris-Greene
“We are excited to partner with the community, our local partners and the City of Santa Fe to develop the Midtown District,” said Bill Guthrey, Senior Vice President of Land Development for KDC. “We look forward to developing a project plan that will benefit the overall Santa Fe community for years to come.”
About Cienda Partners
Cienda Partners is a private real estate firm focused on investing and developing urban redevelopment, public and private partnerships, and historic preservation. Over the last 16 years, Cienda has developed or acquired over $1.2 billion of real estate assets across the Southwestern United States.
Cienda Partners is a long-term owner and employer in Santa Fe with over $100 million invested in significant Santa Fe properties, including its ownership of the La Fonda Hotel, Las Campanas, and the renovation of the El Rey Inn. Leading Cienda’s effort is James Feild, the former President of Banc of America Community Development Corporation, with 25 years of experience in building community-sensitive, affordable housing and public-private developments. For more information, please visit cienda.com.
KDC is a leading corporate build-to-suit development and investment firm for companies across the country. Within the last 30 years, KDC has produced approximately 33 million square feet valued at over $9 billion. KDC addresses the future of Corporate America by developing walkable, mixed-use urban environments anchored by notable clients, and specializes in data center and broadcast studio build-to-suits. KDC’s portfolio includes developments for FedEx, J.P Morgan Chase, Liberty Mutual, Raytheon, State Farm (Dallas and Atlanta offices), and Toyota North America. KDC is headquartered in Dallas and is supported by a national team with offices in Atlanta and Charlotte, North Carolina. For more information, please visit kdc.com.