The Business Challenge: University Park is a 50 acre parcel of land located at the northwestern quadrant of San Antonio near I-10 and De Zavala Road. In 1997, while looking for sites to build a tech building, CMC came across this raw land that could have been developed into a tech park.

By hiring a team of architects and a civil engineer, CMC designed and constructed the roads and utilities and converted the raw land into saleable plated lots for future buildings. Remarkably, CMC themselves bought all the available lots during the next 5 years and built 6 tech buildings with a total square footage of over 500,000 square feet.

The Business Challenge: Every corporation has its project of great pride and challenge. For CMC, it is the Blockbuster Built to Suit that was built in McKinney, Texas in 1998.

This challenge came pretty early into company history. In 1997, Blockbuster invited CMC to bid and to develop an over 900,000 sf office-warehouse-distribution facility to consolidate their operation under one roof. Blockbuster had already selected a 46 acre site in the McKinney, Texas, about 20 miles north of Dallas. After competing with six other well known developers, Blockbuster selected CMC to be the preferred developer; looking at its selected team, hands on approach and the past experience on the similar projects.

This extra ordinary complex building was built by the CMC team in record time and under a tight budget. Within eight months from ground breaking, the Blockbuster facility was in full operation. This facility is not only used as the main warehouse for Blockbuster, but it also houses the automated sorting and distribution center, a two storied 150,000 sf office and a 40,000 sf computer center for the Blockbuster Corporation.

The Business Challenge: The Lakepointe project originally started as a search on behalf of a group of foreign investors looking for an in-fill real estate opportunity. The Lewisville submarket offered broad appeal for the development of an office/tech and flex project.

The buildings were begun as a spec project but before construction started, the tech building was 100% pre-leased, and the office building was 50% pre-leased.

An added challenge during construction occurred when a client approached CMC for leasing the space, but wanted a major increase in parking spaces. Midstream in the project, a new parking garage was designed and constructed to accommodate the needs of the tenant.

CMC also coordinated all leasing of the project.

The Business Challenge: University Park Tech Center V was originally designed as a spec project in the University Park in San Antonio, Texas. This was a sequel to the first four buildings built by CMC which are now fully leased and sold. Prior to breaking ground, the entire building was leased by a San Antonio-based medical company, KCI (Kinetic Concepts, Inc.).

In order to meet KCI’s schedule, CMC implemented its fast track construction methodology and finished the entire 80,431 square foot building, along with the interior finish-out in less than 6 months. The facility is 75% office/call center and 25% research and development.

With the success of University Park V and CMC’s efficiency, KCI made the decision of moving their IT operations into the to-be-built University Park VI. Building VI will begin construction in early 2005 and be ready for occupancy in July, 2005.