Studios at Parkway Phase 1 Completed

Introduction

Palo Santo’s flagship operation, the Studios at Parkway, Phase 1 is complete. This new commercial development is situated in Santa Fe’s burgeoning Siler Rufina District, a hotspot for arts and industry that is housed in one of Santa Fe, New Mexico’s Opportunity zone. All units in Phase 1 have been sold or are currently being leased.

Location Highlights:

  • Proximity to Key Attractions: The location is within walking distance from popular sites like Meow Wolf and the Rufina Taproom.
  • Business Park Adjacency: It’s right next to the bustling Richards Avenue Business Park, featuring over 100 small businesses.
  • Scenic Views: Although located in a commercial-industrial area, the development offers views of the Sangre de Cristo mountains.
  • Outdoor Amenities: The project is adjacent to city open spaces and trails along the old Acequia Madre.
  • Housed in one of Santa Fe, New Mexico’s Opportunity Zone

Phase 1 Details

Phase 1 is completed

  • 15 commercial condominiums, 1600 sf each
  • Contemporary, open floor plan move in ready
  • Ideal for small business owners and investors
  • Opportunity zone tax credits: Want to learn more? Check out our Instagram post (@PaloSantoDesignsLLC) with some key information about Opportunity Zone tax credits https://www.instagram.com/p/C8x1grCvI18/ and read about Opportunity Zone directly from the IRS website: https://www.irs.gov/newsroom/opportunity-zones
  • Priced competitively at $525,000, these units offer attractive Opportunity Zone tax credits.
  • All Units have been sold or leased in Phase 1

Phase 2 Plans

  • Phase 2, scheduled to break ground in Fall 2024, will add 14 more units with completion slated for Spring 2026.
  • Completion scheduled for spring 2026
  • Presales are currently underway, reserve your unit now. For more information on leasing, reach out to Leslie Giorgetti at [email protected].

Siler Rufina District: A Business Haven

The Siler Rufina District is vibrant and unique, home to an array of locally-owned small to medium-sized businesses. The area is peppered with restaurants, coffee shops, offices, light industrial workspaces, and warehouses. Studios at Parkway are Santa Fe’s newest commercial, industrial, flex-use development with units available for sale or lease in one of Santa Fe’s most prized Federal Opportunity Zones.  Studios at Parkway is located in a designated Federal Opportunity Zone has numerous investment and tax incentives for both the ownership of real estate and for business owners. 

The development is well positioned at 1189 Parkway Drive, directly adjacent to the thriving Richards Avenue Business Park which has over 85 successful and prosperous local businesses.  Studios at Parkway is within a short walking distance from the internationally acclaimed Meow Wolf, an immersive art and music venue that, along with playhouses, galleries and local restaurants and breweries such as the Rufina Taproom, Kakawa Chocolate House and Leaf and Hive makes these Studios an ideal business location.  Additionally, many residents are moving to the area with the development of the luxury apartments, Markana de Santa Fe, and the artist rental housing development at Siler Yards

  • Limited Leasing: While there are still some lease opportunities in the district, Studios at Parkway is one of the very few offering for sale.

Developer’s Vision: Palo Santo Designs

These new, Studios at Parkway are designed and built by Santa Fe’s award-winning Architecture and Construction firm, Palo Santo Designs. This firm has over 20 years experience in design and construction of unique commercial spaces and one of a kind custom homes. This development will feature a distinctive architectural design, quality construction and energy efficient building principles. Studios at Parkway will offer businesses a new meaningful and fresh environment to thrive in Santa Fe.

  • Ownership Opportunities: The Studios are intentionally designed to provide ownership opportunities for local small businesses.
  • Size and Price: With an approximate gross floor area of 1600 square feet and a pricing model targeted at owner-occupied businesses, the Studios at Parkway are poised to be a significant addition to Santa Fe’s business community.

For any inquiries or interest, do not hesitate to reach out to Leslie Giorgetti at [email protected] get purchase or lease yours today.


CONTACT US | OUR SERVICES

Coming Soon:  Completion of Phase 1 of the Studios at Parkway

Introduction

Palo Santo’s flagship operation, the Studios at Parkway, is presently under construction and set to be completed by January 2024. This new commercial development is situated in Santa Fe’s burgeoning Siler Rufina District, a hotspot for arts and industry.

Location Highlights:

  • Proximity to Key Attractions: The location is within walking distance from popular sites like Meow Wolf and the Rufina Taproom.
  • Business Park Adjacency: It’s right next to the bustling Richards Avenue Business Park, featuring over 100 small businesses.
  • Scenic Views: Although located in a commercial-industrial area, the development offers views of the Sangre de Cristo mountains.
  • Outdoor Amenities: The project is adjacent to city open spaces and trails along the old Acequia Madre.

Phase 1 Details

Phase 1 of this ambitious project is nearing its completion, and it will feature 15 new commercial condominiums designed in a boutique-industrial style.

Key Points for Phase 1:

  • Status of Units: All 15 units are currently under contract, pending sale upon completion.
  • Lease Opportunities: There are still leasing opportunities available for small businesses interested in this location.
  • Contact for Lease: For more information on leasing, reach out to Leslie Giorgetti at [email protected].

Phase 2 Plans

The next step, Phase 2, has 14 additional commercial condominiums in the pipeline and is close to receiving its required permits.

What to Expect in Phase 2:

  • Permitting: Scheduled to be processed very soon.
  • Groundbreaking: Expected to start in early Spring 2024.
  • Availability: Units will be available on the market in early 2024.
  • Pre-Sale Opportunities: Due to the rapid sell-out of Phase 1, prospective buyers are encouraged to contact us immediately for pre-sale opportunities.

Siler Rufina District: A Business Haven

The Siler Rufina District is vibrant and unique, home to an array of locally-owned small to medium-sized businesses. The area is peppered with restaurants, coffee shops, offices, light industrial workspaces, and warehouses.

  • Limited Leasing: While there are still some lease opportunities in the district, Studios at Parkway is one of the very few offerings for sale.

Developer’s Vision: Palo Santo Designs

Palo Santo Designs, along with its developer partners, has meticulously designed these commercial spaces to blend modernist aesthetics with practicality.

  • Ownership Opportunities: The Studios are intentionally designed to provide ownership opportunities for local small businesses.
  • Size and Price: With an approximate gross floor area of 1600 square feet and a pricing model targeted at owner-occupied businesses, the Studios at Parkway are poised to be a significant addition to Santa Fe’s business community.

For any inquiries or interest, do not hesitate to contact us as soon as possible.


CONTACT US | OUR SERVICES

Santa Fe Ranked #6 Best City in the World 2019

Time and time again our great city of Santa Fe is ranked high for tourism and living. However, it’s not as frequent that we jump into the top 10 of worldwide destinations and snag the sixth spot among other notable places. 

Recently Santa Fe was voted the number six best city in the world by the Readers’ Choice Awards 2019 (Condé Nast Traveller)

It came in just below other international cities, such as Tokyo, Dresden, and Merida. But we’re cheering because it landed at number six against some stiff competition. 

Why Do We Believe Santa Fe Is One of the Best Cities in the World?

#1 – The Great Outdoors 

Santa Fe is packed with tons to do outside. You’ll find everything from snow skiing to horse-back riding to balloon trips. The scenic area is packed with year-round outdoor activity. So it doesn’t matter what time of year you come, you’re going to find something great to do outside. It’s rare you can find this much to do outside elsewhere. 

#2 – The Art & Culture 

There’s no doubt Santa Fe scored high on this list because of the incredible art and culture of the city. Santa Fe is rich in native American history, which is evident in both the art and culture you can experience here. Everything from the Museum of Indian Arts and Culture to Georgia O’Keeffe’s legacy here in the area, there’s something so beautiful about the art and something so unique you won’t find elsewhere in the U.S. or the world. 

#3 – The Cuisine 

Red and green chiles are king here. The spice is real and people come to Santa Fe to get their taste of chile on just about anything. It’s truly unique to this area and you won’t find red and green chile sauce quite like it outside of the state. So, what makes a city one of the best in the world? Well of course it’s food, and we certainly have some of the best and the most unique in the world. 

#4 – The Architecture 

Touching on our niche, the architecture is one-of-a-kind here and connects perfectly with the surrounding landscape. You’ll find plenty of natural tones and materials throughout the structures in the city, with adobe style stretching from historic to modern and everything in between. Just as the other destinations in the top 10 of the list have one-of-a-kind architecture, so do we, and it’s truly different here in Santa Fe. 

Building In One of the Best Cities

If you’re intrigued by everything Santa Fe has to offer and might be considering relocating to this area, then we’d be thrilled to connect with you. 

We’re proud to be a design and build team under one roof delivering some of the best custom homes in such a thriving city. Building in Santa Fe is an absolute dream. And we’d like to be the ones to turn that dream into a reality for you. 

 

Palo Santo Designs Named One of the Best Custom Home Builders

It’s always an honor to be mentioned for our efforts and successful projects. Recently, we’ve been named one of the best custom home builders in New Mexico by the Home Builder Digest.

We’re thankful to be chosen as one of the best and we always strive to provide the very best in custom home design and construction here in Santa Fe.

If you’re interested in learning more about our work and what we can do for you, please contact Mark at 505.988.7230

9 Things to Know About Settling in Santa Fe

Is Santa Fe a Good Place to Live?

Santa Fe is a desirable location to settle because of the rich culture, great population size of around 83,000, jaw-dropping scenery around the city, and delicious cuisine throughout the area.

There’s a reason they call us “The City Different”: life’s a little different here. 

Whatever it is that makes Santa Fe different, we’re truly living in the gem of the desert. Here are 9 things to know about moving to Santa Fe:

1) The Altitude of Santa Fe

Santa Fe sits at an elevation of 7,198 feet, making it the third highest city in America. Only Leadville, Colorado and Mammoth Lakes, California have higher elevations than Santa Fe (not counting towns with fewer than 1,000 people) – and both those cities have significantly lower populations than Santa Fe.

To put that altitude in perspective, the “Mile High City” of Denver sits at just 5280 feet – and residents of that city love to complain about altitude sickness.

In any case, the altitude of Santa Fe means the air will be thinner and drier. [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][The altitude also means cooler temperatures.  Although we are firmly situated in the arid southwest, The climate in Santa Fe is nothing like that of Phoenix or Las Vegas. Average temperatures in the summer months are in the mid-80’s with temperatures rarely getting above the mid 90’s.  Cool dry air in the evenings means summer time lows in the high 50 to mid 60’s]  If you’re used to living at sea level, then you may need a few days to adjust. However, don’t get too worried about the altitude: Santa Fe is nowhere close to the highest cities in the world, and millions of people safely live at altitudes higher than Santa Fe with no problem. Visitors will talk about the altitude far more than locals. It’s something you don’t really think about after living here for a little while.

2) We Take Pride in Santa Fe’s Cultural Heritage

Santa Fe is one of America’s most cultural cities. First, we inspired one of our country’s best-known artists, Georgia O’Keeffe, which is why we’re now home to the world-famous Georgia O’Keeffe Museum.

Santa Fe is also home to other cultural mainstays like the Santa Fe Opera (which is world famous), the Santa Fe University of Art and Design, and over 250 art galleries.

If you’re looking for artistic inspiration or just appreciate the arts, then Santa Fe’s rich cultural background gives you plenty of reasons to love our city.

3) You’re Only 35 Minutes Away from the Ski Hill

Santa Fe is surrounded by 12,000 foot peaks. Skiing is a big draw in the region. You’re only 35 minutes away from Santa Fe Skin Basin in most parts of the city. Skiers and snowboarders frequently praise Santa Fe’s Tesuque Peak (12,000 feet) as having some of the best skiing in the country.

If you feel like driving a little further, Taos Ski Valley and Red River are both about 2 hours north of the city and offer some of the country’s best skiing. They’re famous nationwide.

Ultimately, there’s no shortage of skiing options around Santa Fe in the winter.

4) We’re Surrounded by Mountains

Hiking and biking opportunities are all around you in Santa Fe, NM. Santa Feans are famously outdoorsy: whether we’re climbing, biking, hiking, or just enjoying some sunshine outdoors, we love getting outside every day of the year.

As a testament to the outdoorsy nature of Santa Feans, Outside Magazine is headquartered in Santa Fe. No matter where you are in Santa Fe, you’re never too far of a drive from experiencing some of the best outdoor terrain our country has to offer.

5) Experience the Santa Fe National Forest Scenic Byway and Enchanted Circle for World-Class Driving

Whether you’re taking a Sunday drive or doing some hiking, the Santa Fe National Forest Scenic Byway originates in downtown Santa Fe’s Palace of the Governors (which is the oldest public building in America) and takes you 15 miles through ponderosa, spruce, fir, and aspen-filled terrain in the Santa Fe National Forest. The road comes to an end at the Santa Fe Ski Basin, where you can tackle some runs in the winter or go mountain biking in the summer.

Meanwhile, the Enchanted Circle takes you on a drive through the outskirts of Santa Fe, taking you around the mountains and making it easy to feel lost in the wilderness. The Enchanted Circle drive is particularly popular (and beautiful) on a sunny winter day when the sun is sparkling off the white snow.

6) We’re Rich with History

Santa Fe’s history goes back much farther than the United States. Centuries before America was a country, the region was populated by dozens of Native American villages. The Pueblo people trace their history in the region as far back as 900, when they built a village called Ogapoge in what is now downtown Santa Fe. They settled in the Santa Fe area for its easy access to the Santa Fe River. That village extended for half a mile around and was centered on the modern Santa Fe Plaza. 

The modern city of Santa Fe was officially founded when Spanish settlers arrived in the region in the 1600s, naming the city “Holy Faith” in Spanish. In 1610, Santa Fe was chosen as the capital of the Spanish province of Santa Fe de Nuevo Mexico in New Spain, and it has remained the capital almost consistently since.

Santa Fe also played a part in the Republic of Texas’s history, as Santa Fe was claimed as part of the western portion of Texas after it seceded from Mexico in 1836.

Many people are also surprised to learn that Santa Fe was involved in the American Civil War. As part of the New Mexico Campaign of that war, a Confederate flag was flown over the Santa Fe capitol building for a few days in March 1862.

[headquarters of the Manhattan Project was a small adobe hacienda on East Palace Ave, just a block off the plaza.  This was the clandestine office of the famous A-bomb project credited with ending WWII, in which the world’s preeminent physicists and engineers of the day were secretly sent to create the ultimate weapon. Today’s Los Alamos National Laboratory located in the mountain town of Los Alamos (45 minutes from Santa Fe) is the legacy of that project.]

Today, Santa Fe retains its title as the oldest state capital city in the United States. Signs of this history can be found all around town.

7) Don’t Forget You’re in a Desert

Santa Fe may be an outdoor mecca filled with skiing, hiking, biking, and cultural opportunities, but we’re still a desert. Don’t forget that!

If you’re new to the region, expect to encounter dry, flaky skin – especially in the bone dry winter months. You’re going to need lots of moisturizer and conditioner.

In the summer, don’t forget to lather up with sunscreen. At this altitude, it doesn’t take more than 20 or 30 minutes to get a noticeable burn under the bright New Mexico sun. Sunscreen isn’t something you “probably should wear” in Santa Fe: it’s something you need to wear.

8) You’re Only an Hour Away from Albuquerque

Albuquerque, with a population of about half a million people, is just an hour down the road from Santa Fe. So you’re never too far away from big city amenities.

Santa Fe does have its own airport (SAF), but you can often get better deals (and more international flights) out of Albuquerque. No matter why you need to visit the big city, there’s a reason why many Santa Feans have pretty much memorized the I-25 down to Albuquerque.

9) We Have Some of the Best Food in America

Whether you’re interested in some of the best burritos you’ll ever eat or you’d rather sit down at a charming local café, Santa Fe is famous for its food. Like most touristy towns, there’s a blend of popular restaurants and local hangouts, but you have plenty of places to eat no matter what you’re looking for.

Our city is also famous for its farmer’s market, including the Santa Fe Farmer’s Market (recently named as one of the top 10 in the nation), which operates year-round and provides locals with fresh food from over 150 active vendors.

Ready to settle in Santa Fe? Build your dream home in Santa Fe, New Mexico with the help of the award-winning homebuilders, designers, and contractors at Palo Santo Designs.

Santa Fe Chosen as One of the World’s Most Desirable Places to Retire

(photo credit: Jack Arnold Photography)

Looking for the best place in America to retire? Santa Fe was recently chosen by Conde Nast Traveler as one of the top 10 best places to retire across the entire world.

The Conde Nast report cites a study by the US News & World Report ranking Santa Fe as one of the top 10 places to “reinvent your life in retirement.”

What makes Santa Fe such a special retirement haven? It’s the combination of the history, the weather, and the laid-back lifestyle. Here are just a few of the reasons why more Americans are choosing to retire in Santa Fe, New Mexico.


Why Retire in Santa Fe New Mexico?

Santa Fe is sunny 283 days (average) of the year, there are 250 art galleries and 12 museums, the beautiful Sangre de Cristo mountains are nearby, and the population is perfect at 83,000.


The Santa Fe Weather:

First and most importantly, retirees love Santa Fe for the weather. It’s sunny for 283 days a year here, on average, with a summer average high of around 82 degrees. Living in a desert, humidity is relatively low: so you won’t get the hot, sticky summers found in other parts of the country.

There also isn’t much precipitation: the average rainfall across the United States is 37 inches of rain per year. In Santa Fe, we get 14 inches of rain per year.

Ultimately, the weather is mild year-round with limited snow during the winter and mild heat during the summer. At an altitude of 7,000 feet, most Santa Fe residents don’t need air conditioning – a ceiling fan does the trick.

As some residents like to explain, we have four seasons here with no extremes in any season. So if you like mild temperatures while still enjoying the passing of the seasons, Santa Fe’s weather can be very desirable.

[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][su_button url=”https://palosantodesigns.com/get-in-touch/” style=”soft” background=”#BD7D39″ size=”7″]Ask Mark About Building Your Retirement Home[/su_button]

The Sangre de Cristo Mountains:

In Santa Fe, you’re 35 minutes away from the ski hill. The nearby Sangre de Cristo mountains also offer plenty of hiking and biking opportunities. Wherever you go in the mountains, you’re treated to amazing views of the state of New Mexico and one of the best sunset views you’ll ever see in your life.

When Santa Fe residents tell visitors there are 12,000 foot peaks nearby, it’s easy to be amazed – until you realize that the city itself sits at an elevation of 7,000 feet. In any case, high mountains are all around us here.

The Rich & Vibrant Culture:

Santa Fe is rich with culture. Despite being a smaller city, Santa Fe is home to 250 art galleries and 12 museums, including the world-famous Georgia O’Keeffe Museum.

Some of the world’s best writers also found inspiration in Santa Fe. Game of Thrones author George R.R. Martin is a longtime resident of Santa Fe, for example.

Several major Hollywood celebrities have also recently purchased homes in the region.

There’s a reason they call Santa Fe “The City Different”. 

Accessible Health Care:

Santa Fe’s primary hospital is Christus St. Vincent Regional Medical Center, which has 200 beds and 34 specialties. Meanwhile, the University of New Mexico Hospital in Albuquerque is only about an hour away.

Mid-Size Population of Santa Fe:

Are you looking for a small town vibe with big city amenities? Santa Fe, with a population of around 83,000, walks a line somewhere in between. You’re a long way from the busy activity of a big city, but there’s still enough going on to keep residents entertained.

Meanwhile, the bigger city of Albuquerque is about one hour away – so you’re never too far away from anything you need.

Santa Fe is Consistently Ranked as One of America’s Best Retirement Spots:

You don’t have to look far online to find people who agree that Santa Fe is a desirable retirement community.

Conde Nast listed Santa Fe as one of the world’s top 10 best places to retire, for example, and US News and World Report picked Santa Fe as one of the best 10 places to reinvent your life in retirement.

Santa Fe was also chosen by Kiplinger as one of the “10 Great Places to Retire in 2015” and The NY Times listed it as one of the top 15 “dream towns” for retirement.

These rankings consistently praise the strong and diverse economy of Santa Fe as well as the good infrastructure and connectivity to the outside world. They also mention the outdoor lifestyle and the ability to pursue new hobbies in retirement.

Building Your Dream Home in New Mexico:

Want to build your dream home in Santa Fe? Palo Santo Designs, LLC is an award-winning local design build contractor that specializes in the design and construction of fine custom homes, renovations, and distinctive commercial spaces.

With the highest-quality craftsmanship and architectural design standards, Palo Santo Designs can help you retire in style in Santa Fe, New Mexico.

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