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Old July 16th, 2012, 07:21 AM   #41
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Quote:
Originally Posted by WesTexas View Post
About to move to Odessa, more needs to be happening in Odessa because that place is a bit depressing.
More will, given the oil and gas boom out there:

More Apartments Coming To Odessa



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The Mission at Llano Estacado has received a new residential permit from Ector County for a $12.3 million 216-unit apartment complex at 7701 E. Highway 191.

The complex, first set to break ground in fall 2008 on 17 acres near the northwest corner of Faudree Road and Highway 191, was planned to be a 312-unit complex.

The website for Dallas-based real-estate company Oakwood Development & Consulting states apartments are now scheduled to begin development in the third quarter of 2012.
Odessa will likely exceed 120,000 in the next census...
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Old August 4th, 2012, 05:44 AM   #42
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Employers Dealing With Housing Crunch, New Projects On the Way

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Updated: Jun 19, 2012 5:50 PM MDT

By Geena Martinez
NewsWest 9

MIDLAND - Plenty of jobs but nowhere to stay. It's an ongoing problem that's hitting the Basin as the oil boom continues to grow.

It's something many of you are experiencing first hand, but even with the new apartments and housing going up, it's not a quick fix. "Nobody's got this silver bullet, magic wand that we can wave and presto change-o we've got houses and apartments in Midland," Steve Thorpe, with City of Midland Code Enforcement, said.

But it sure would be nice if it were that easy. It's no secret housing is hard to come by just about anywhere in the Permian Basin and employers are seeing it firsthand. "It's becoming a challenge for those new recruits, especially if they're coming from out of town, to find not only housing they can get but housing they can afford," Russell Meyers, CEO of Midland Memorial Hospital, said.

Meyers said they're constantly looking for places to house new employees. "We kinda have our name on a waiting list and we're trying to be ready to grab one as soon as it becomes available," Meyers said.

Thorpe said new projects are on the way. "A new 96-unit apartment complex that's on I-20 just east of Terrell," Thorpe said. "We have plans for a 210-unit apartment complex at Claydesta." Another development is in the works, this one in downtown Midland. It's a 70-plus unit complex called The Brownstones.


ClayDesta Center http://www.redwingaerials.com/midlandodessa.html

However, Thorpe said it takes several months, even a year or more to develop new housing. Plus, there's another issue. "Unfortunately we don't have enough construction workers in Midland right now so a lot of the projects are being manned from people outside of the area," Thorpe said.

[...]
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Old September 6th, 2012, 06:46 PM   #43
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Betenbough to add 300 plus homes in West Midland

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Kathleen Petty
Posted: Tuesday, September 4, 2012 7:31 pm

Betenbough Homes plans to more than double the size of its Legends Park neighborhood in the coming months. The company was given unanimous approval Tuesday by the Planning & Zoning Commission for a zone change that will allow for the development of 319 houses in the west Midland subdivision. Already the Lubbock-based company has 310 lots near the Scharbauer Sports complex; about 90 percent are completed and now occupied, representatives with the company said. To continue expanding, Betenbough approached the City Council during the spring about annexing an additional just more than 108 acre tract of land at the west end of Tradewinds Boulevard and the west end of Legends Boulevard. When annexed, the land was zoned for future development. Now that specific plans exist to add housing, Betenbough is seeking a zone change and also will return with a final plat request. Betenbough staff said they plan to break ground on the new section of homes in November. In addition to the homes, the area has room for a new Midland Independent School District elementary school campus. Before voting on the zone change, commissioners debated about whether to require a masonry fence or to allow for a combination wood-masonry fence as was requested by Betenbough. The fence would provide screening between the future development of Avalon Drive and any homes that back up to that street.
http://m.mywesttexas.com/mobile/top_...f014b37c2.html
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Old September 6th, 2012, 06:57 PM   #44
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Settles Hotel Opening Delayed

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Posted: Sep 05, 2012 4:26 PM CDT

BIG SPRING - There's a delay in opening up the historic Settles Hotel in Big Spring.

We're told it should be up and running by late October or early November.

The General Manager says construction is running a little behind.

Getting the 82-year-old building up to date, along with the recent rains, has put a kink in their schedule.

The developers hoped to have the building open by October first, the same day it opened 82 years ago.

The 65-room hotel is being renovated to be a top of the line service facility.

Developers are pouring in about $26 million into the upgrades.

Workers are also restoring some of the hotels original features to look like it did when it first opened.
http://www.kwes.com/story/19465879/s...pening-delayed
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Old January 5th, 2013, 03:24 PM   #45
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Silver riches carry a price at Shafter



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SHAFTER — More than seven decades after its glory days as one of the richest silver mines in the Southwest, La Mina Grande is roaring back to life in a remote mountainous corner of the Big Bend.

Huge Terex and Volvo trucks are rumbling two shifts a day, hauling away waste rock and bringing ore to new on-site processing plant where the sparkling gray material is pulverized and then treated with cyanide to extract precious metals.

With the silver price hovering around $35 an ounce — up from $5 a decade ago — the mine’s owners, Aurcana Corp., are looking clairvoyant.

“With production costs of significantly less than $10 an ounce, the idea of reopening this mine was a very good one,” said Greg Miller, a mining consultant for Aurcana, which bought the Rio Grande Mining Co. in 2008 for $40 million, since has invested $60 million to revive the operation.

Miller said some of the sweet spots are proving as rich as chocolate cake.

“Some of it’s coming in at 500 ounces per ton. That’s $15,000 per loader scoop,” he said.
http://alpinedailyplanet.typepad.com...t-shafter.html
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Old January 5th, 2013, 04:14 PM   #46
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Hotel Settles grand opening



http://m.facebook.com/HotelSettles?v...24MURI__user=0
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Old March 14th, 2013, 06:51 PM   #47
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Has anyone else heard of a new possible 50 story building to be built in Downtown Midland? I was talking the other day to someone who really knows the oil business in Midland. He said there is talk of building a 50 story on the site of the old court house. That would be huge for Midland.
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Old March 16th, 2013, 03:54 PM   #48
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Originally Posted by Munwon View Post
Has anyone else heard of a new possible 50 story building to be built in Downtown Midland? I was talking the other day to someone who really knows the oil business in Midland. He said there is talk of building a 50 story on the site of the old court house. That would be huge for Midland.
Wow, that's the first I've heard of it.
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Old March 17th, 2013, 07:57 PM   #49
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Update: Midland is now proposing a new 59 story tower called Energy Tower. They are promoting it as the 7th tallest tower in Texas. The tower will is valued at 300-350 million $. Completion is going to be 2015 or early 2016.
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Old March 17th, 2013, 09:13 PM   #50
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Energy Tower proposed for Midland Texas is now proposing a new 59 story tower called Energy Tower. They are promoting it as the 7th tallest tower in Texas. The tower will is valued at 300-350 million $. Completion is going to be 2015 or early 2016.
Awesome, Munwon do you have a link, or are there any rendering of this project. I'm real excited.
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Old March 18th, 2013, 02:54 AM   #51
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This sounds great! I can't wait to hear more and I hope it's a really good design.
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Old March 18th, 2013, 04:17 AM   #52
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No link yet. I just have my source that is in the know. What is interesting is that it will be mixed use with hotel and residential space as well as offices on the top floors. Once they buy the land from the county things will move fast.
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Old March 19th, 2013, 02:36 AM   #53
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Lo and behold

Developer: New tower to help show Midland as the ‘Oil Capital of America’

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Posted: Monday, March 18, 2013 2:15 pm

Energy Related Properties officially announced Energy Tower at City Center today during a press conference at Centennial Plaza, the future site of the proposed City Center.

ERP partner

The tower will be 53 stories with one underground retail floor and five basement parking floors, effectively making a total of 59 floors, according to the fact sheet given to the press.

Bill Meyer, a partner with Energy Related Properties, said during the conference the building is a “celebration of resuscitation.”

“Part of this is that we would rename, sort of, our logo and call Midland ‘the Oil Capital of America’ because it is,” Meyer. “It really is.”


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Old March 19th, 2013, 02:39 AM   #54
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Amazing development! The tower will have 53 stories above ground. At "7th tallest", the Energy Tower should be between 780ft -787ft tall. When built, it will probably grab most of the new Class A office market in the burgeoning city. Neighboring parcels should be developed as dense residental anyway.
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Old March 19th, 2013, 11:49 PM   #55
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It's really going to be a game changer.
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Old March 19th, 2013, 11:51 PM   #56
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EOG Midland Division



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EOG Resources, headquartered in Houston,is constructing anew office building for their Midland Division. The project will include a 3-story office building with approximately 86,000 square feet and a structured parking garage.

EOG implemented a true design-build process with Morris Architects and Bellows, charging the team to achieve three key objectives - construct a building that is low-maintenance and efficient with potential for later sale, while working within the fixed budget.
http://www.wsbellows.com/projects.as...184&pimgid=664
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Old March 19th, 2013, 11:54 PM   #57
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Chevron to break ground in April on new campus near sports complex Chevron to break ground in April on new campus near sports complex

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West Midland will be home to a pair of office buildings as Chevron soon will begin construction on its $100 million campus west of West Midland will be home to a pair of office buildings as Chevron soon will begin construction on its $100 million campus west of the Scharbauer Sports Complex. the Scharbauer Sports Complex.

Alan Kleier, vice president, Mid-Continent Business Unit, said the company recently purchased 25 acres from SBC Corp. and has Alan Kleier, vice president, Mid-Continent Business Unit, said the company recently purchased 25 acres from SBC Corp. and has scheduled a groundbreaking ceremony for April 25. scheduled a groundbreaking ceremony for April 25.

"It took a little longer than we thought," he said of changes to architectural plans caused the delay. Chevron finally settled on an "It took a little longer than we thought," he said of changes to architectural plans caused the delay. Chevron finally settled on an expanded design that offers capacity for 800 employees, up from about 750 when the plans were first announced in May. expanded design that offers capacity for 800 employees, up from about 750 when the plans were first announced in May.

"We're trying to plan not for when we move in but for what we'll need, say in 2020," Kleier said. "We saw we'd need a little more room." "We're trying to plan not for when we move in but for what we'll need, say in 2020," Kleier said. "We saw we'd need a little more room."

The company settled on a design of two four-story buildings connected by a walkway. Kleier said the 25 acres is "of sufficient size The company settled on a design of two four-story buildings connected by a walkway. Kleier said the 25 acres is "of sufficient size that it gives us ample room to grow." that it gives us ample room to grow."

Following the groundbreaking, contractors will spend a couple of months doing site preparation, he said. Following the groundbreaking, contractors will spend a couple of months doing site preparation, he said.

"Expect to see construction in earnest around August. We expect it will still be a 20-month construction period with move-in early in "Expect to see construction in earnest around August. We expect it will still be a 20-month construction period with move-in early in the second quarter of 2015," Kleier said. the second quarter of 2015," Kleier said.
http://m.mywesttexas.com/top_stories...8ad82c7a3.html
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Old March 20th, 2013, 12:20 AM   #58
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Pioneer Natural Resources announces construction of building at ClayDesta Pioneer Natural Resources announces construction of building at ClayDesta



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Construction cranes will dot the Midland horizon this fall as Pioneer Natural Resources begins construction on a $50 million office Construction cranes will dot the Midland horizon this fall as Pioneer Natural Resources begins construction on a $50 million office building at ClayDesta on North Big Spring Street. building at ClayDesta on North Big Spring Street.

Scott Sheffield, Pioneer's chairman and chief executive officer, said construction on the six-story building will begin in September or Scott Sheffield, Pioneer's chairman and chief executive officer, said construction on the six-story building will begin in September or October and be completed in October 2013. It will include a large workout facility and a cafeteria. A three-story parking garage will be October and be completed in October 2013. It will include a large workout facility and a cafeteria. A three-story parking garage will be built adjacent to the office building. built adjacent to the office building.

"We looked at whether it was worth buying an older building and the cost to reconstruct it and (starting) from scratch," he said. "We looked at whether it was worth buying an older building and the cost to reconstruct it and (starting) from scratch," he said.

Company executives decided employees would get a better building by constructing a new facility. Company executives decided employees would get a better building by constructing a new facility.

"The employees helped choose this site," he said. "It's closer to their homes; it's close to Loop 250. We did consult with our "The employees helped choose this site," he said. "It's closer to their homes; it's close to Loop 250. We did consult with our employees before beginning negotiations with ClayDesta." employees before beginning negotiations with ClayDesta."

Clayton and Modesta Williams both noted that since purchasing the land 30 years ago, they had ridden economic ups and downs. At Clayton and Modesta Williams both noted that since purchasing the land 30 years ago, they had ridden economic ups and downs. At one point, they had to sell the ClayDesta building; they eventually were able to repurchase it. one point, they had to sell the ClayDesta building; they eventually were able to repurchase it.

"When they say real estate is a long-term investment, this is what they meant," Williams said, adding that he is pleased to see "When they say real estate is a long-term investment, this is what they meant," Williams said, adding that he is pleased to see ClayDesta home to strong, upstanding corporations. "This is a happy day for Modesta and me. Pioneer will be a real force in the ClayDesta home to strong, upstanding corporations. "This is a happy day for Modesta and me. Pioneer will be a real force in the community." community."

Sheffield said the new building will house 250 to 300 employees, a percentage of the 1,000 people Pioneer already employs in the Sheffield said the new building will house 250 to 300 employees, a percentage of the 1,000 people Pioneer already employs in the Permian Basin. This year, the company intends to hire 400 more people, from field and service staff to technical and office support Permian Basin. This year, the company intends to hire 400 more people, from field and service staff to technical and office support staff, he said.
http://m.mywesttexas.com/top_stories...a5f2b53c4.html
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Old March 20th, 2013, 12:45 AM   #59
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Andrews, Texas new $55 million medical center U/C



http://www.healthcaredesignmagazine....l-center-texas
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Old March 20th, 2013, 12:48 AM   #60
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Energy Plaza at Westridge Park



http://www.cbre.us/o/houstondt/prope...ages/home.aspx
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