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Old October 10th, 2013, 06:57 AM   #81
jonathaninATX
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Oil Money!!! Texas Tea!!!
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Old December 3rd, 2013, 02:41 AM   #82
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Midland is now the richest metropolitan in the nation


http://www.newswest9.com/story/24077...ropolitan-area
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Old January 16th, 2014, 05:00 AM   #83
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New Marriott hotel a sign of development to come to Jackson Neighborhood

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By Adam D Young
May, 3, 2013

Developers say a four-story, 103-room Courtyard by Marriott hotel replacing what was once a block of low-income houses in North Lubbock’s Jackson Neighborhood is a sign of development and opportunities to come.

But like several of her neighbors, Maria Gonzales said she suspects construction on the hotel that started this week across Vernon Avenue from her $600-per-month four-bedroom rental house is a sign of a challenging decision to come as developers eye the area.
http://lubbockonline.com/local-news/...d#.UtdJQdF3tMs

It's been about 8 months since this article was reported. Just wanted to share some updates on what's U/C in Lubbock. With the revelation going on in downtown, and the projects that are being built in north Overton, it's really making a big impact on the Lubbock economy.
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Old January 16th, 2014, 05:12 AM   #84
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Lubbock city officials announce opening of North Slide Road extension to U.S. 84

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Jan. 10. 2014

City officials are hailing the completion of an extension of Slide Road as a boon for the development of Northwest Lubbock.

City officials gathered on a brisk Friday morning, Jan. 10, at the intersection of Marshall Street and Slide Road, for a ribbon-cutting ceremony celebrating the completion of roadwork extending Slide Road to U.S. 84.

Work on the road started March 13, 2012, at a cost of about $5.44 million, according to Neil Welch, Lubbock assistant city engineer.

Federal money paid for 80 percent of the project, while the city’s share was paid for by private developers led by the McDougal Cos., a commercial and residential real estate development firm, according to City Councilwoman Latrelle Joy, who presided over the ceremony.

Standing in the median of the road and surrounded by open fields on each side, Joy said the extension will help bring new businesses to the area, potentially increasing the city’s tax rolls.
http://lubbockonline.com/local-news/...4#.UtdMu9F3tMs
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Old February 5th, 2014, 11:43 PM   #85
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Change on the horizon for The Baker Hotel

By Clint Foster
Febuary, 2, 2014

Patton said the team is closer than ever before to finally breaking ground, having identified capital sources for all but $4 million of the project’s $56 million budget.

He said they have made a 4B Bond Issuance request with the City of Mineral Wells for the final $4 million, for which a referendum vote is tentatively scheduled for this May.

As the Index reported last October, Mineral Wells’ famous Baker Hotel is finally on pace for an unprecedented renovation.

Thanks to the concerted effort of a virtual dream team of hotel development partners – led by Southlake businessman Laird Fairchild of Hunter Chase Capital Partners –the derelict property that has epitomized Mineral Wells’ gradual fall from grace over the past five decades could very soon harken a glorious rebirth into new era of prosperity, unmatched even by the city’s heyday when Crazy Water flowed in the South’s greatest health resort.

Chad Patton – a vice president and financial advisor at Merrill Lynch and prominent member of the Baker Hotel development team – was on hand at the Mineral Wells Chamber of Commerce’s State of the Community luncheon, Friday afternoon, to not only confirm that the project was, indeed, a reality, but also to provide an update on it’s progress and give the public an exclusive first look at the hotel’s future as a “Four-star destination resort, spa and conference center.”

“Those rumors that you’ve heard and the articles that have come out in the Index are all true,” Patton told a packed gym at Mineral Wells First Baptist Church. “We’ve actually been working on this project for a very long time.”

Six years ago, Patton, Fairchild and their partners embarked on this quest to breath new life into the once proud Baker – a building they passed frequently on the way to and from hunting trips at the Rhodes Ranch, which Fairchild has leased for 12 years.

Even then, they could see the enormous potential that lied dormant in the imposing structure that comprises the entire Mineral Wells skyline.

“It just calls you. You drive by and it beckons you,” Fairchild said in a past interview. “You can tell that a renovation would have a huge impact on [Mineral Wells].

www.mineralwellsindex.com
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Old February 24th, 2014, 11:27 AM   #86
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West Texas Office Construction in Midland – The Epicenter of Permian Basin Fracking



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MIDLAND - Pontikes Development LLC will develop a 500,000-square-foot office project in Midland, a West Texas city where the energy industry is booming.

Hydraulic fracturing, commonly called fracking, has reinvigorated energy production in the Permian Basin, a massive oilfield that ranks as one of the world’s most fertile locales for energy exploration. Job growth has been significant in the region and occupancy rates are exceptionally high in office buildings, hotels and apartment complexes.

Pontikes purchased 19 acres of land from SBC, LP in Westridge Park in Midland, where the new office space will be built. Veteran Houston real estate broker, Ron McWherter of CBRE and Bill Scott of Real Estate One in Midland represented Pontikes Development in the transaction.

Pontikes plans to develop 500,000 square feet of office space, including structured parking facilities, on the Westridge Park property. Construction plans will allow tenants to begin occupying the space in 2015.

In addition, Chevron Corp. is constructing a 350,000-square-foot facility adjacent to the Pontikes development within Westridge Park.
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Old March 31st, 2014, 07:50 PM   #87
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Midland is scared to build a 50+ story building so the developers might be making 2 25 story towers which would make this development boring, not news and kills the idea of making Midland a mini Dubai.

This is what bothers me about Midland. They think high of them selfs but are afraid to take chances to realy change their city for the better. Scared of anything being built so big. LAME.

http://www.cbs7.com/news/details.asp?ID=56073
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Old April 2nd, 2014, 08:07 AM   #88
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Few updates on construction projects around Midland

Le Mirage


Wall Street Lofts


Pioneer Natural Resources


http://www.mrt.com/editors_picks/col...a4bcf887a.html
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Old April 2nd, 2014, 08:12 AM   #89
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More development continues near sports complex

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By Joseph Basco
April 1st 2014

The Planning and Zoning Commission on Monday approved new apartments, hotels and restaurants around the Scharbauer Sports Complex,** continuing the rapid expansion of west Midland.

Zoning and preliminary platting was approved for a 188-unit apartment complex and Embassy Suites at the intersection of Deauville Boulevard and Avalon Drive, and the zoning was approved for a Holiday Inn and restaurant on Loop 250 east of Sam’s Club and south of the former AT&T call center that H-E-B bought in January.

The 11.74-acre apartment complex, Hillstone on Deauville, will be located west of the Alderson European Motors car dealership on State Highway 191. It would be the first apartment complex in an area covered with subdivisions and hotels.

All of Hillstone on Deauville’s tenant buildings will be three stories. Two of the buildings will be entirely units; the remaining eight buildings will be two stories for units and one story for parking.

Going east, closer to Loop 250, developer Larry Miller of Midland Holiday Inn Lodging, LLC, plans to build a Holiday Inn and separate restaurant close to the highway’s frontage road. The hotel and restaurant will be located in the under-utilized parking lot east of Sam’s Club. *

The Holiday Inn will have a restaurant inside. Neither restaurant was* named.

The 137 guest rooms will be in six stories. The hotel will also feature conference rooms for hosting meetings.

“There’s not a lot of opportunity out here to host your meetings, or charity functions,” said Andrew Mellen, founder and engineer of Maverick Engineering. “There’s not that many full-service centers that have that capability.”
http://www.mrt.com/business/article_...a4bcf887a.html
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Old May 5th, 2014, 07:00 AM   #90
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Energy Towers



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By Joseph Basco
May 1st. 2014

Midland Center will remain a part of downtown once the two-tower development by Energy Related Properties is complete.

Tower 2, as it is referred to by ERP, will contain a hotel, ballrooms, residential space and a convention center. That convention center will be the Midland Center, said Brad Barnett, president of the Midland Center.

“So basically we’ll be where we’re at now, but it will be a completely new facility,” Barnett said, confirming that Tower 2 is the eastern tower, as shown in a rendering provided by ERP.

The convention center will be on the first floor and basement level, just as the Midland Center is designed now. The first floor will be the main exhibit space, and the basement level will have additional meeting space and office space.

The new Midland Center is being designed by Edmonds International with input from the Midland Center staff. Edmonds International, headed by Michael Edmonds, is also the architect for the rest of the development, which includes another tower with office and retail space and a central green space between both towers.
http://www.mrt.com/top_stories/artic...tml?TNNoMobile
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Old May 7th, 2014, 08:55 PM   #91
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sad that the hight got cut down, but i am happy to see that UGLY court house go.
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Old May 8th, 2014, 06:04 AM   #92
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Quote:
Originally Posted by WesTexas View Post
sad that the hight got cut down...
Still a hell of a lot more than the other West Texas towns... even El Paso.
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Old May 8th, 2014, 09:48 AM   #93
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Really cool that Midland is on the grow! Does anyone know of any population estimates for the Midland/Odessa area within the next 10 years?
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Old May 8th, 2014, 11:00 AM   #94
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Quote:
Originally Posted by Dariusb View Post
Really cool that Midland is on the grow! Does anyone know of any population estimates for the Midland/Odessa area within the next 10 years?
Well right now the metropolitan is around 300,000 or so. If the oil boom holds up, I can see the area growing between 400,000- 500,000.
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Old May 9th, 2014, 05:09 AM   #95
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Midland will most likely have taller towers in a decade or so
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Old May 10th, 2014, 12:24 AM   #96
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Midland ISD is offering $10,000 signing bonuses for teachers to sign a 3 year contract witht them. I like everything they are doing, cant say the same for Odessa.
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Old July 14th, 2014, 05:50 AM   #97
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An article of the redevelopment thats taking place in downtown Midland



http://www.mrt.com/business/article_...9bb2963f4.html
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Old August 10th, 2014, 07:10 AM   #98
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Drone shots from booming Midland: (audio konks out at 0:30)

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Old September 6th, 2014, 02:07 AM   #99
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Occidental breaks ground on new office complex



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Midland Reporter- Telegram
August 26. 2014

Occidental Petroleum officials and employees gathered Tuesday with local- and state-elected officials -- including Gov. Rick Perry -- to break ground for the company’s Midland office.

The 212,000-square-foot complex is planned for 6001 Deauville Blvd., west of the Scharbauer Sports Complex.

Mayor Jerry Morales began the event, welcoming participants and citing not only Occidental’s job creation but its contributions to the community -- from schools to non-profit organizations.

“This is a blessed day, a very exciting day, a momentous day,” he said.

“I’m honored to be here with all of you, the employees of Occidental and the men and women who are enjoying the great fruits of Texas’ natural resources,” Perry said.
http://www.mrt.com/top_stories/artic...9bb2963f4.html
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Old September 6th, 2014, 02:22 AM   #100
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Corporate Hanger Complex Midland TX





http://www.hangarsphere.com/hangarst...midland-texas/
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