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What’s next for the vacant Colorado Place site?

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The site of the old Colorado Place apartments on Fort Worth Avenue could see action soon.

Cienda Partners, which also owns the old Oak Farms Dairy site in Oak Cliff, bought the 18-acre tract last year. And they recently hired investment banking firm Holliday Fenoglio Fowler to help find investors or developers interested in the property.

The 1940s apartments on the site were demolished in 2009. Since then, there have been several owners and plans to redevelop the site. The original redevelopment plans, before the 2008 real estate collapse, called for condos, apartments and retail.

By |2015-08-24T12:10:13-05:00August 24th, 2015|Development, News|4 Comments

About the Author:

Rachel Stone is the Oak Cliff editor. Email rstone@advocatemag.com or follow twitter.com/advocate_oc.                                     

4 Comments

  1. […] property passed through several owners until Cienda Partners bought it in 2014. Earlier this year, Cienda also purchased the adjacent Gator Wash carwash, which was […]

  2. […] Wash, at 2500 Fort Worth Ave., is adjacent to the 18-acre site of the former Colorado Place apartment complex, which was demolished in 2009. Redevelopment plans for that site began in 2008, […]

  3. paisano57 August 25, 2015 at 9:24 PM

    That would make sense but for seven years nothing’s been done and now they’re looking for investors, perhaps from out of State. The priority is to turn a fast profit and not necessarily what’s best for the neighborhood long term. IOW, we could be looking at some brand new 3rd rate high density housing.

  4. lakewoodhobo August 24, 2015 at 5:05 PM

    Hate to say it, but it’s probably the right location for Kroger. All of Kessler Park would shop there. I bet even Wynnewood North residents would make the drive, since their very own Kroger is such a dump.

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