Burkbunett Residences ws completed January 2008.  Located in Burkbunett, Texas at 1111 River Expressway, I-44, the project is the premier apartment project in the area.

The garden style apartment homes consist of 90 units offering one, two, and three bedroom floor plans with a gated entrance, club house, swimming pool, work out facilities, garages and covered parking.   The project is one of the first non-smoking apartments in the State of Texas.

Located just north of Witchita Falls and Sheppard Air Force base, the project offers a very secure and wonderful living enviorment for families and military personal.

It is know as one of the best apartment communities in the area.

CLEARPOINTE CROSSING APARTMENTS

The Clearpoint Crossing Residences site is located within the Clearpoint Crossing Development, located at the southwesterly intersection of Space Center Boulevard and Genoa Red Bluff Road.  The property is in the southeastern quadrant of Houston between the cities of Pasadena and Deer Park to the north and Clear Lake to the south.  The Clearpoint Crossing Residences is approximately 25 miles southeast of the Houston Central Business District, 20 miles southeast of the world renowned Houston Medical Center and 11 miles north of the Johnson Space Center/NASA. 

The Clearpointe Crossing Apartments will have excellent access to major thoroughfares providing for ease of transportation around the city of Houston.  The property is located just east of the South Sam Houston Tollway East (Beltway 8) via Genoa Red Bluff, and directly on Space Center Boulevard.  Space Center Boulevard was recently completed with four lanes from Clear Lake City Boulevard north to Genoa Red Bluff.  The extension created an additional north/south thoroughfare allowing for increased traffic flow from the City of Clear Lake north to Pasadena and Deer Park.  Space Center Boulevard is one of only three north/south roadways in the immediate area, and serves as one of Galveston evacuation routes. 

The Clearpoint Crossing Residences will be located within the 92.3 acre Clearpoint master planned development.  Upon completion the mixed use property will include 395,000 SF of commercial and residential space including Clearpoint Crossing (the subject development).  The centerpiece of Clearpoint is The Village with ten restaurants and numerous retailers that will be built on a 1.5 acre lake with integrated music and dancing water features.  The Clearpoint development is projected to cost $82,000,000 in total.

General Description

Property

• Type: Class “A”, Garden-Style Multifamily Community

• Address: 11400 Space Center Blvd.

                  Houston, Texas 77059

• Number of Units: 252 units (17.97 units/acre)

• Net Rentable Square Footage: 234,442 SF

• Total Square Footage: 250,010 SF

• Average Unit Size: 930 SF

• Number of Stories: Three stories

• Construction Type: Wood-frame construction, masonry siding and brick/rock exterior

   consistent with the design of the Clearpoint Crossing development

• Parking Spaces: 412

• Buildings: 11 buildings

• Land Acreage: 14.027 acres (approx. 611,016 square feet)

Improvements

The subject property will be of a traditional garden-style multifamily design and feature all of the amenities and attributes of other Class A multifamily developments in the Clear Lake area. SCS has paid careful attention to the project’s unit mix, unit layout, and project amenities and has tailored the project’s design to complement the tastes and preferences of the demand demographic in the area.

The project’s exterior will feature masonry and brick, consistent with the architectural style of the other buildings in the Clearpoint Crossing development. The project will feature one-, two-, and three-bedroom units across four different floor plans. The residential structure will be constructed of wood framing, three stories in height. The property will be served by a leasing office and adjacent resident facilities, which will house a resident clubroom, gourmet coffee bar and kitchen, and a 24-hour, state-of-the-art fitness center. The resort-style, outdoor swimming pool will feature shallow water sundecks, lounging areas, and a summer kitchen for resident use.

Unit amenities will include:

• Nine foot ceilings

• Two-toned paint featuring custom trim

• Epicurean kitchen packages complete with Granite counter tops, stainless steel sinks,

   top-line Black and Black appliances, custom wood cabinetry, microwaves

• Common area and bedroom flooring will be carpeted; kitchen, entry, and bath flooring

   will feature ceramic tile. Laminate wood flooring in living room and kitchen.

• Built-in computer niches with custom shelving

• Full-size washer/dryer furnished

• Spacious walk-in closets

• All units will be pre-wired for both cable and high-speed Internet access