Alan Diego Faena
20 November 1963
|Residence||Punta del Este, Uruguay|
|Occupation||Real estate development, hotels, fine art|
Alan Diego Faena (born 20 November 1963, in Buenos Aires) is an Argentine hotelier and real estate developer who has developed properties in his native Buenos Aires, as well as Miami Beach, Florida.
Faena is the founder and President of Faena Group. He is a member of the Tate International Committee and the New Museum Leaders Council. He previously founded Via Vai in 1985, a Argentinian fashion label, and worked as a fashion designer.
In 1985, Faena followed in his parents footsteps into the textile industry and founded the fashion label Via Vai at age 19. He launched the brand with 50 colored shirts he funded himself. The brand expanded to include ready-to-wear collections and a denim line. Faena sold the company in 1996.
Faena Buenos Aires
Faena was a fashion designer for over ten years before beginning a career in real estate development in 2000. He partnered with Len Blavatnik, Philippe Starck and Foster + Partners to redevelop abandoned docklands in the Puerto Madero neighborhood of Buenos Aires, Argentina. Foster + Partner's residential condominium in re-development was their first project in South America. The Faena Hotel designed by Starck opened in 2004.
The Faena District, which is estimated to be a $200 million development, is the most valuable real estate in Buenos Aires. The Faena Arts Center, a converted flour mill located in the center of the district, opened in September 2011 and displays the work of local and international artists.
In November 2011, German artist Franz Ackermann exhibited the results of his voyages around Buenos Aires with the largest mural of his career in the center. The Cuban duo Los Carpinteros debuted their first solo exhibition in Buenos Aires at the arts center in May 2012.
Faena Miami Beach
On 5 November 2017, the Paradise Papers, a set of confidential electronic documents relating to offshore investment, revealed that Faena was director and CEO of half a dozen offshore companies in Cayman Islands and British Virgin Islands. Faena also appears with bank accounts in Luxembourg and the Isle of Man, linked to different hotels and real estate projects in Puerto Madero.
- «Agutom: sociedad de responsabilidad limitada», article on Boletín Oficial de la República Argentina. 2003 2da sección", 29 May 2003, indicating Faena is Argentine, businessman, single, and born 20 November 1963.
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His family, Sephardic Jews who emigrated from Syria to Argentina in the 1920s, had a successful textile business.
- Wolfe, Alexandra (August 19, 2016). "Alan Faena Takes On Miami Beach". The Wall Street Journal.
He was born to a Jewish family in Buenos Aires, the son of the owner of a textile company and a homemaker.
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His family, Sephardic Jews who emigrated from Syria to Argentina in the 1920s, had a successful textile business.Cite journal requires
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- Nate Freeman (24 February 2014). "Baz Luhrmann's Next Project: Miami's Faena Saxony Hotel". Retrieved 11 November 2014.
- Sean McCaughan (7 January 2013). "Faena Releases Five Short Videos On Designing Faena House". Retrieved 11 November 2014.
- "Ximena Caminos: El arte se convirtió en un commodity y ése es el gran problema", La Nacion, October 12, 2014, retrieved 2015-02-25
- "Alan Faena, otro argentino en Paradise Papers". Perfil. 7 November 2017. Retrieved 7 November 2017.