NEWS

CGT deal provides major boost to Titan Development’s New Braunfels industrial park

January 15, 2016 –When Titan Development closed on 100 acres of land adjacent to Wal-Mart Stores Inc.’s distribution center in New Braunfels last year, there was nothing except empty farm land and possibly a stray cow. But within 24 hours of Canada-based manufacturer Canadian General Tower sealing a deal for 27 acres in the park, that raw farm land began its transformation into a commercial hub. CGT — which announced plans to invest about $80 million in its new North American facility, creating 275 jobs — is the catalyst for Titan Development’s newest industrial park in New Braunfels along the strengthening I-35 corridor. As an additional boost, the manufacturer hired Titan’s sister company Reid & Associates as the general contractor for its new facility. Construction on the 240,000-square-foot building began Dec. 23, 2015 — one day after CGT closed on the 27-acre site. Legacy Commercial represented Titan Development, and Colliers International’s (NYSE: CIGI) Houston office brokered the deal on behalf of CGT.  read more

CGT To Create 275 Jobs In New Braunfels, TX

January 7 2016 – CGT U.S. Limited will construct a new manufacturing facility in New Braunfel, TX, creating at least 275 jobs and $80 million in capital investment. The project will reshore part of the company’s manufacturing from China and increase the company’s North American capacity. read more

New Braunfels lands CGT’s new factory

January 5, 2016 – In the largest successful business recruitment for New Braunfels in decades, a Canadian firm that manufactures coated fabrics and films for industrial uses plans to invest $80 million in a new factory there that will create 275 new jobs. The announcement by Canadian General Tower and Gov. Greg Abbott on Tuesday capped months of negotiations over city, county and state incentives to lure the firm that also had considered South Carolina and Tennessee as expansion sites. read more

New industrial facility to be built in North I-25 corridor

October 1, 2015 – Purvis Industries is gearing up to break ground on its new industrial facility in the North I-25 corridor on Oct. 17. Larry Armijo, a branch manager for the Dallas-headquartered Purvis, said the company is constructing a 43,000-square-foot building on the northeast corner of Singer and Midway Park Boulevards NE. The company purchased the 3-acre property for its new warehouse and office complex. It is adjacent to the Sage Montessori Charter School, which is located at 3821 Singer Blvd. NE. read more

A Texas Titan

September 1, 2015 – SAN ANTONIO – After discovering a passion for design build, Kevin Reid established Reid & Associates (R&A) in Albuquerque, NM in 1990. Two years ago, he expanded operations by opening Reid & Associates of Texas in San Antonio, where Reid, founder and CEO, lives today. Born and raised in Texas, Reid grew up and attended the University of Texas in Austin. After graduating with his degree in architecture, he practiced architecture in Austin and Dallas, but he became frustrated and realized he wanted to do more than just the design. “I wanted to be able to fully integrate that design through the completion of a project,” recalls Reid. “So, the construction side of the business gained a lot of interest for me.”  He went to work for the Wray Company, out of Arizona, where he saw many advantages to the fully integrated approach of having the architectural and engineering design team at the table with the contractor from the inception of a project.  Celebrating the 25th anniversary of his company, Reid is still the sole owner. The vice president in charge of construction companywide for R&A is John Bonney, who also lives in San Antonio and runs the San Antonio office. In Texas, R&A’s biggest markets are industrial manufacturing and warehouse projects and senior living facilities. read more

Reid & Associates Welcomes Matt Carey

Reid & Associates wants to welcome Matt Carey to the team as our new project manager in Texas! Matt worked on a number of large projects in the Denver, CO area with JE Dunn Construction and Alcorn Construction.  Matt’s experience includes positions as project manager, and project engineer.  read more

 

Reid & Associates Welcomes Robert Gallegos

Reid & Associates has hired Robert Gallegos as superintendent. Gallegos has worked in the construction industry since he began his career in 1976 and brings extensive experience in industrial, retail, office, financial, educational, government, multi-family housing and residential construction. read more

 

Titan Senior Living Breaks Ground in South Austin

February 19, 2015 – Texas-based Titan Senior Living and Guggenheim Real Estate are collaborating on a 110-unit senior living community in South Austin, Texas, reports Austin Business Journal. Having already broken ground, the project is located within the Southpark Meadows mixed-use development near I-35 and Slaughter Lane. It will feature a restaurant, bistro, pub, salon and spa, a wellness center an concierge services within its four-acre plot. Dubbed Elan Southpark Meadows, the community upon completion will be managed by Iowa-based LCS Companies. Reid and Associates of Texas is the general contractor for the project. read more

Titan, Guggenheim turn dirt for South Austin Senior Living Community

February 12, 2015 – Ground has broken on Elan Southpark Meadows, a 110-unit senior living community, developers announced Wednesday. The project, a collaboration between Albuquerque, New Mexico-based Titan Senior Living and Guggenheim Real Estate, is located within the Southpark Meadows mixed-use development near I-35 and Slaughter Lane. The project was announced in late 2013.  The community features a restaurant, a bistro, a pub, a salon and spa, a wellness center and concierge services, all within a four acre plot.  Elan Southpark Meadows will be managed by LCS Companies LLC, an Iowa-based real estate company that focuses on senior living communities. Reid and Associates of Texas is the general contractor for the project. read more

New Lease on Life: Elan – Westpointe under construction

July 20, 2014 – Élan – Westpointe, a senior lifestyle retirement community, is now under construction at Westpointe Village in New Braunfes, according to a news release from Titan Senior Living.  Élan is serving a critical role in the deep systemic changes that are occurring in senior living, the release stated. Today’s seniors live longer, healthier, more prosperous lifestyles — and are not willing to sacrifice any of it in retirement.  Plans call for a three-story assisted-living building with 75 units and an attached one-story memory support wing with 38 units and common spaces.  The $22 million project will be at the intersection of Oak Run Parkway and Independence Drive.  read more