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Lakepointe Office and Tech (Lewisville, Texas)
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.