image of Lake Granbury Real Estate logo
  Lake Granbury Real Estate

Archive for December, 2008

GRANBURY ON THE GROW

Wednesday, December 3rd, 2008

The following was published on the Real Estate Center website sponsored by Mays Business School at Texas A&M university on December 2, 2008.

GRANBURY ON THE GROW

GRANBURY (Fort Worth Business Press) – The flurry of construction activity suggests that the nation’s economic slump isn’t doing much to slow down what some call a “sleepy town on the lake.”
Among the area’s new developments are a 405-acre business park along Loop 567 and the 744-acre mixed-use Cresson Crossroads.
The Cresson project will feature 500 acres of single- and multifamily residential development along with 244 acres of industrial and commercial developments. According to developer Ryan Thomas, Devon Energy has purchased land in the industrial portion for a 50,000-sf office building.
Other projects include the expansion of Lake Granbury Medical Center, a new upscale senior center, an $80 million Crosstex natural gas processing plant and a facelift in downtown Granbury that will bring 40,000 sf of retail space to the area.
“We’ve always been more of a tourist and bedroom community of Fort Worth,” said Marie Ferguson with the Granbury/Hood County Economic Development Corp. “So a business park and a plant, these are things that will help us to not just grow, but grow right.”
The city was recently named the eighth best up-and-coming area by Claritas Targeting Marketing Solutions, a demographic-gathering company used by many retailers and developers.




Terms of Use | Privacy Policy

Copyright © 2009 Knieper Realty, Inc. All rights reserved.
Member of NATIONAL ASSOCIATION of REALTORS®

Multiple Listing Service REALTORS® Logo Equal Housing Opportunity