College Station, Texas — Phase I of Legacy Point to accommodate 400 students on site of former early '70s-era shopping center.
College Station, Texas — Jack Culpepper, manager of Culpepper Family, LP, which has been developing Texas real estate for more than 75 years, has announced a new mixed-use development near Texas A&M University.
The University Square Shopping Center, owned by the Culpeppers for approximately 40 years, is the site of the future development, Legacy Point. A vacant Albertson's building will be demolished to make way for Phase I, The Stack, a student apartment with two underground levels of structured parking. The five-story building will accommodate more than 400 residents and include amenities such as a fitness facility, in-unit washers and dryers and a central courtyard pool area. The footprint of The Stack will be what's commonly referred to as The Mud Lot near St. Mary's Catholic Church.
"This will be the largest investment in the history of our family in Brazos County," Jack Culpepper said in a press release. "Removing old structures to make way for such an exciting living and retail development across from Texas A&M University will be extremely convenient to students.
Construction will begin summer 2012 with completion in 2013. Collegiate Companies of Irving, Texas, is serving as the program manager; Collegiate Builders is the general contractor; and Collegiate Management Group will manage the property when it is complete. The architect is 5G of Dallas.