LUBBOCK – The Lubbock Police Department (LPD) Forensic Science and Property Unit will soon have a new home tailored specifically to its needs. The Property Unit has been in its current location since the 1990s and has filled up with evidence from crime cases, stolen/found property, and confiscated items. Eight technicians will oversee 800,000 pieces […]
Archives: August 2023
Brazos County approves partnership for affordable housing renovation
BRYAN – The Brazos County Housing Finance Corporation has approved a partnership called the Sandy Creek GP LLC and voted to approve a $20 million multifamily housing revenue bond. Sandy Creek Apartments, which is owned and managed by Dominium Development, is on Sandy Point Rd. near SH 21. It qualifies for a 50 percent tax break due to its […]
SA's Eleven West Apartments sold
SAN ANTONIO – Dallas-based RightQuest Residential has sold Eleven West Luxury Apartments. The 264-unit community is on approximately 13 acres along US 90 just west of Loop 1604. Eleven West was 97 percent occupied at the time of the sale. RightQuest began working on the project in early 2020, hiring Cross Architects and civil engineering firm MBC Engineers to coordinate […]
How Inflation Affects Mortgage Rates
$9M bank office center coming to Richardson
RICHARDSON – A new office center for a Dallas-based bank will open in the Blue Cross and Blue Shield campus in the Telecom Corridor. Texas Capital Bancshares Inc. is leasing 160,000 sf of office space for its $9 million center at 1000 E. Lookout Dr. east of US 75. Construction will be completed in January 2024. […]
432K-sf spec industrial project slated for north Laredo
LAREDO – VanTrust Real Estate is developing a 432,000-sf industrial project within North Laredo Industrial Park, which is adjacent to I-35 and the Port of Laredo. Completion of the project, which is expected to be the first of multiple buildings that VanTrust will add to the park, is slated for October 2024. read more…
45-acre biomanufacturing hub slated for northeast Houston
HOUSTON – McCord Development is developing a 45-acre biomanufacturing hub within Generation Park, a 4,300-acre master planned commercial development. Called BioHub Two, the project can accommodate about 500,000 sf of biomanufacturing, lab, and office space along a five-acre greenspace. The site can be sold or leased to one or multiple companies. McCord is nearing completion on […]
St. Mary’s receives $1M donation for new nursing wing
SAN ANTONIO – St. Mary’s Bachelor of Science in Nursing program, set to launch in fall 2024, has received a $1 million donation from the IBC Foundation. The funding will go toward the construction of a 10,000-sf nursing wing on the Innovation Center’s third floor, bearing the IBC Foundation name. Once completed, it will have a […]
Midland College's new Pre-K Academy will open next month
MIDLAND – Midland College’s new Pre-K Academy is a month away from opening, but it could take years to solve the shortage of teachers in the area. The new facility opens the door for students to work and go to school for early childhood education at the same time. Midland College has already hired ten […]
‘PowerCampus Austin’ could mean billions in capital investment
HUTTO – Skybox Datacenters LLC and Prologis Inc. are teaming up to build the 159-acre PowerCampus Austin. The data center campus could eventually consume 3.9 million sf of industrial space in a portion of Hutto’s “megasite,” a large, undeveloped tract along US 79 where big businesses are predicted to land. The agreement between the city and Hutto Data […]