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Progress report on $400M develoment of JCP campus


UPDATE: JCP campus

Dirt being scraped and concrete poured @ northwest corner of Legacy Dr and Communications!

Things are cranking right along on Dreien Opportunity Partners $400 Million reconfiguration of the JCP campus and offices.  And further progress just across the street can be seen at the Sam Moon Group’s $96 million Renaissance Hotel which is scheduled to open in June of this year.  With all the new neighbors at Legacy West like Liberty Mutual, JP Morgan Chase and new residential developments from Britton Homes and their Legacy West Villas and the Windrose luxury high rise apartment building one can easily see how the projected development  total of $3.2 Billion seems more than realistic.

TAKEAWAY: Watching all this go from ground zero to eventual completion has been amazing to watch.  One other thing of note is I’ve said if there was any business I’d like to have gotten into it was the heavy equipment industry of Caterpillar type equipment, concrete and construction cranes.  And I’m going to add one more being the glass panel business for the likes of the Renaissance and Liberty Mutual building ….. as (no pun intended) they shine like a diamond in the rough.

 

About Jerold Smith

From 35 years in the corporate world to a full-time Broker & REALTOR® for the last 15 years, I know real estate. I share my extensive knowledge and expertise with buyers, sellers or investors, personally. I am a NATIVE TEXAN and know the local market better than anyone else. Any questions? Just ask.

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