longstanding santa fe residential development poised for growth

Plans are now underway for the construction of the third phase of the sweeping Tierra Contenta master planned community in Santa Fe.
That final phase work will take place on the south side of Santa Fe, and will not only include the eventual construction of up to 1,800 homes, and some commercial development, but also road infrastructure and parks.
The project’s development team, which includes the Tierra Contenta Corporation and the Santa Fe Community Housing Trust, is currently in the process of seeking public input on the final phase work.
Set to go up near the Capital High School, which is located at 4851 Paseo del Sol, the third phase work will also see the construction of affordable housing units. But the exact number of such units remains to be determined.
Tierra Contenta currently includes more than 2,400 townhomes, multifamily and single family structures measuring both one and two stories in height.
Out of the existing mix of Tierra Contenta properties, some 40 percent of the homes are defined as affordable.
Other homes in the current development have generally been priced between $200,000 and $330,000.
The first Tierra Contenta homes, in a project likened to a pedestrian-friendly village, were completed in the fall of 1995.
By 2018 there were around 7,500 people calling Tierra Contenta home.

By Garry Boulard

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