Cienda has bought up Dallas properties in strategic locations that are now being developed into high-profile projects.
No doubt that’s what will happen with its latest purchase – a 16-acre property at the doorstep of North Oak Cliff.
It’s the Oak Farms Dairy, an almost 80-year-old milk processing plant that is at the foot of the two bridges crossing to downtown.
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The property is zoned to allow high-rise construction and could accommodate up to 1,000 apartments and 600,000 square feet of commercial space.
Cienda has hired architects Good Fulton & Farrell to work on planning for the property, which is adjacent to Oak Cliff’s Gateway Park and on the new streetcar line connecting to downtown.
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While the property most likely will end up as residential, Cienda isn’t counting out its appeal as an office location with postcard views of the Dallas skyline.