Quick-growing Southwest Lubbock experiencing growth growth | KLBK | KAMC

LUBBOCK, Texas – Southwest Lubbock has definitely picked up the tempo over the previous few years and has taken the title of the fastest-growing residential and business space on the town. 

“One Ford Street” is one new group that may add over 100 single-family properties to the realm. In two weeks, new owners can start shifting in. There are presently 18 properties which can be constructed and prepared.

“a hundred and tenth St. and Milwaukee Ave. is blowing up this space of city,” stated Shawn Anglin, a realtor with Steadfast Realty Inc. “The concept on this particular neighborhood is group dwelling. I like the thought that you could let the youngsters get out from behind some screens and get out and play in some parks, and create good relationships with their neighbors. I feel that’s simply an necessary factor that we’d like as we speak.”

With growing rates of interest, shopping for a home proper now isn’t simple. To fight that, Blake Rasmussen, one of many house owners of One Ford Street, stated they’re retaining their pricing easy and low cost.

“First-time homebuyers don’t need the upkeep of a brand new house,” Rasmussen stated. “Our homes are completed, full and maintenance-free. Water, energy, and all the upkeep of it, that’s all lined by the HOA. It’s $45 a month. That’s about as low cost as you may get it right here for a brand new group.”

Grassano Properties calls this a part of city house as effectively. The corporate has owned and managed condominium properties in Lubbock for over three a long time and simply opened its company workplace within the booming a part of city in Could.

With the southwest area of Lubbock rising, we knew it could be the spot to satisfy all of our wants within the constructing of our workplace,” stated Xandria Contreraz, a spokesperson for Grassano Properties. “We will’t wait to develop with our wonderful group within the years to come back.”

One other soon-to-be hotspot in Southwest Lubbock is a 70,000-square-foot retail, restaurant and workplace growth known as “114.Slide” on the southeast nook of 114th St. and Slide Rd.

This new mixed-use growth is a considerate end result of nationwide and native customers Lubbock is aware of and loves,” stated Tate Martin, managing director at Egenbacher Industrial Properties.

Martin stated among the tenants at “114.Slide” embody “The Plaza Restaurant,” “Crumbl Cookies,” “Jersey Mikes Subs,” “MotoMedi Mediterranean,” “Brookside Clothes,” and “Service Title.”

The newest market report from Coldwell Banker Industrial finds that development within the South Lubbock and Milwaukee Ave. areas ought to proceed for the years to come back.

“Lubbock appears to be very insulated in the true property market, even with rates of interest being excessive,” Anglin stated. “I feel it’s a testomony to what Lubbock brings on this space, so far as commerce and business growth, in addition to residential development and we haven’t slowed down one bit. I feel persons are in search of a spot that they will name house and Lubbock is a good place for that.”

To study extra about “One Ford Street,” you’ll be able to go to their web site or electronic mail them at [email protected].

To discover the condominium communities that “Grassano Properties” has to supply, you’ll be able to go to their web site.

For leasing data at “114.Slide,” contact Tate Martin at Egenbacher Industrial Properties 281-974-6065.