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Real Estate Development Opportunity
Location Texas,United States
Asking Price Range > $35.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2009
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Description Developer looking for capital to develop a planned 104+ acre, 12 million+ square-foot, LEED-certified, mixed-use eco-urban land development project in Houston. Houston is the fourth largest city in the US but lacks true urban destinations such as entertainment, retail, hotel accommodations, office space and complementary residential living. This Project is designed to fulfill those unmet needs. County residents support improvements in mass transit and favor a less car-centered, more urbanized lifestyle. The Project is enhanced by a political sub-division of the State that encompasses the entire Property. As a result, The District has the power to issue notes and tax-exempt bonds to pay for improvements installed in the District including but not limited to most site development costs, parking, public safety, environmentally protective systems, infrastructure, public buildings, transportation, museums, education and public awareness facilities. The Developer, experienced in the construction industry, is a business and real estate investment company that creates value by adding the expertise of qualified contractors and professionals using an environmentally responsible approach. The Developer has invested over $36.5M to date and owns 100% of the development and marketing plans, materials and a portion of the land and is in control of the entire Property by virtue of a binding and enforceable purchase agreement.
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