Site Selection
Our site selection process began with a market analysis. We realized there was a shortage of high quality office condos in the surrounding area. This site offered easy access to Parmer Ln. and East Whitestone Blvd (FM1431). While the topography of the lot initially posed a challenge, we were able to work with a team of engineers to develop the site in a way that would maximize the available land area.
Development
Working with expert engineers, we developed a site plan that accommodated 10 buildings. The buildings were designed based on 850 SF office condos, with 2-4 units per building. The site was designed to maximize the topography for traffic flow and building layout, while taking into consideration environmental impact concerns. The development was completed in phases, with 2-3 buildings built under the same phase at the same time. The staggered approach allowed us to maximize economies of scale when ordering materials for infrastructure, slab, and vertical construction.
Sales & Leasing
The project was developed with a focus on owner occupied units. We worked with local investors and business owners to pre-sell a vast majority of the units. Several of the buyers saw the value of owning their own unit to accommodate future growth of their businesses, even if they weren't ready to occupy upon completion. As the developers, we were able to work with the new buyers to market their spaces to secure leases prior to completion. This allowed them to generate a return on their investment immediately upon closing. The units were marketed for leases ranging from 2-5 years.
CONTACT US
We would love to hear from you. You can give us a call, send us an email, or fill out the form below. We look forward to working with you.
OUR OFFICE
1003 S Austin Ave
Georgetown, TX 78626
(512) 717-7896
info@CenTexCommercial.com
