Posted May 24, 2009, 4:40 AM
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Moderator
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Join Date: Jan 2009
Location: 360, St. Edwards
Posts: 12,383
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Quote:
Originally Posted by weatherguru18
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Yeah I posted that on HAIF, im UpupUp if you did'nt realize it yet. Are you wxman on HAIF?
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More info on the GBI International projects.
GBI International Injected a New Stimulus to Further Prop Out Houston Asian Town
http://www.zzi.net/news/20081112000557.shtml
Quote:
Stimulating Local Projects
When some investors are lingering on the sideline to be spooked when confirmation of economic weakness materialized, GBI envisioned a new stimulating project, including commercial, residency, and warehouse buildings.
The Twin Towers, two 12-story buildings consisting of approximately 250 four-start luxury condo rooms, 192,000 square feet professional office space, 40,000 square foot conference center, and a 10,000 square foot international bank, is estimated $92.5 million.
Central Park, an approximate $350 million project, gauges 476,000 square feet of commercial space and seven high-rise condo buildings with 812 residential condo units.
The Twin Tower and Central Park, both located in Asian Town/Houston, touted the prospect not just as Houston's conquest on business diversity but as an ideological turning point, one could embrace commercial bank, professional office space, and resident condominium, likening the conventional segregation between commercial and residency sites.
Foreign Trade Zone, approximated $213 million which GBI acquired 340 acres in Fort Bend County to be developed, has approximately 7.5 million square feet of office warehouse buildings.
Residential projects, New Horizon Villas, Villas at Ashford Point, and Fondren Gardens, comprehend the spectrum from high-end to lower middle income families, which has a $41.3 million value.
GBI's 6 local projects with launching $700 million pave the way to resurge Houston's booming economy by bringing more business and job opportunities. They also target to make Asian Town to be another hot tourist spot in Houston.
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...and the Presentation...
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