Real Estate Prior Interests

Forest Lake Addition Arlington, Texas A 50-acre, multi-use tract developed for retail, hotel and apartment/condominium use in 1979. The addition has approximately 700 multi-family units, retail and a 237-room Holiday Inn. In 1979, Jim Sowell Construction Company seized the moment to develop this 50-acre retail, hotel and multi-family tract in Arlington, Texas.

1980’s Completed Projects

This decade was one of growing diversity for the types of real estate in which Jim Sowell Construction Company participated. Activity spread from residential subdivisions to commercial and large mixed-use developments. The company developed 865 lots and 1,347 acres and was involved in the construction and sale of office buildings, shopping centers and apartments.

List of Properties

Bedford Meadows Addition Bedford, Texas Developed in 1981, this 86-acre, multi-use development includes 1,000 apartment units and a 120,000-square-foot shopping center.

Overland Plaza Arlington, Texas A 20,000-square-foot shopping center completed in late 1981. Tenants included Southland Corporation, Allstate Insurance and the U.S. Postal Service.

Fleetwood Square Richardson, Texas A 52,000-square-foot retail development completed in 1981.

One Arlington Centre Arlington, Texas A five-story, 60,000-square-foot office building completed in 1982.

Park Place Arlington, Texas An 80-acre, three-phase project consisting of 35 acres of multi-family tracts with more than 800 apartments and condominiums and 175 garden home lots developed in 1982. This project required a complex assemblage of approximately 100 landowners and rezoning to maximize its value.

Southridge Addition Arlington, Texas 159 single-family lots developed in 1983.

Treepoint Addition Arlington, Texas An 80-acre, multi-family project with 1,400 units completed in 1983.

Towne Lake Irving, Texas 647 acres developed in four phases in 1983, Towne Lake includes an Embassy Suites Hotel, retail, commercial, industrial and office development, multi-family units and zero-lot line sites. Towne Lake required a significant amount of flood plain reclamation, in addition to rezoning, moving over 2,000,000 cubic yards of dirt and activating a Flood Control District.

Spring Valley Shopping Center Dallas, Texas A 65,000-square-foot retail center, acquired in 1983, anchored by Tom Thumb grocery store.

Waterway Park Arlington, Texas A 400-acre, mixed-use development, including retail, mulit-family, zero-lot line, office and retail sites developed in 1984. True to its name, this 400-acre develoment gives residents an environment with lakes, creeks and canals.

Arlington Towne Centre Arlington, Texas Consists of 50,000 square feet of retail space completed in 1984.

4809 Cole Avenue Dallas, Texas A 60,000-square-foot, three-story, brick and glass office building with surface and underground parking completed in 1984.

Forestshire Bedford, Texas This 70-acre multi-use project, acquired in 1985, consists of custom single-family homes, office and retail.

Verandah Apartments Arlington, Texas 538 units completed in 1985.

The Village At Cottonwood Creek Coppell, Texas In 1986, 188 acres were developed into multi- and single-family lots, townhouse and retail tract

1990’s Completed Projects

In the 1990’s, the potential for Jim Sowell Construction Company’s real estate activities reached full fruition. Having a depth of resources, the company was well positioned to prosper from the opportunities afforded by the banking and savings and loan crises, including capitalizing on dispositions made by the RTC, FDIC and financial institutions during this time. In this decade alone, the company purchased 2,694 developed and partially developed lots and 4,280 acres in Dallas/Fort Worth, Austin, Houston, San Antonio and Denver, Colorado. In addition, another 3,200 lots were developed or completed.

List of Properties

Westchester West Grand Prairie, Texas A 166-lot subdivision for volume builders to construct garden homes. 1990

Orion Park Arlington, Texas A 217-acre mixed-use development for retail, commercial and single-family uses. The entire tract of land was reclaimed from the flood plain by virtue of an extensive excavation and fill project. 1991. Orion Park will welcome shops, businesses and families to its choice location in Arlington, Texas.

Oak Hills Carrollton, Texas A 189-lot subdivision with both traditional and garden home phases for mid-range builders. 1990

The Peninsula Rowlett, Texas A unique development with 173 traditional single-family lots and a redevelopment of duplex sites into 131 garden home lots for volume builders. 1991

Brookhaven Estates Arlington, Texas A subdivision of 66 single-family lots for volume builders. 1991

Summerfields Fort Worth, Texas A subdivision of 191 garden home lots for volume builders and 11 single-family lots for mid-range builders. 1991

Creek Crossing Mesquite, Texas Features 520 completed garden home and traditional single-family lots for volume builders. 1991>

The Timbers Murphy, Texas A 215-acre, mixed-use development in the highly respected Plano School District. It includes 560 large, single-family lots for custom and volume builders and a prime 18-acre retail/commercial corner tract. 1991

Creekview Lewisville, Texas A subdivision of 169 garden home lots for volume builders. 1991

Shadowlake Houston, Texas A 457-acre mixed-use development located on Westheimer Road. The community includes 867 single-family homes, including gated communities and a neighborhood surrounding a 65-acre lake. 80 acres have been developed into 1,686 apartments and 9.5 acres have been developed into nine retail and restaurant locations. This project consistently had one of the highest annual sales rates in Houston during its development phase. Shadowlake showcased Sowell & Co.’s abilities to recognize the right time and place for a major new project in Houston. As the Houston economy recovered from the Oil collapse of the 1980’s, Sowell & Co. acquired this project and created one of the first successful planned developments south of Westheimer Road. 1991

Tealwood Mesquite, Texas A 122-lot single-family subdivision for volume builders. 1992

Crystal Lake Garland, Texas 112 lots for volume homebuilders featuring a man-made lake. 1992

Woods Of Brushy Creek Austin, Texas A 208-lot single-family development for mid-range builders. 1992

Woods Of Legend Oaks Austin, Texas 119 lots for higher-end homes in the Legend Oaks area. 1992

Creek Crossing Section II Mesquite, Texas Phase II of Creek Crossing adds 332 lots for volume homebuilders. 1992

Southland Oaks Austin, Texas A 295-acre mixed-use development of single-family lots, ranging from 1-acre estate lots to garden-home sites in the high-growth area of southwest Austin. 1992

Autumn Run San Antonio, Texas A 261-lot, single-family subdivision, fully developed for volume builders. 1992

Eldridge Park Houston, Texas A 110-acre development of 478 lots for mid-range houses in northwest Houston. 1992

Woods Of Spring Creek Richardson, Texas A heavily wooded, 278-lot project for custom builders; developed in two phases. 1993The entry gate of rugged natural stone and brick sets the tone for the Woods of Spring Creek. White Rock Creek and the heavily wooded, natural land provide a setting for home sites in striking contrast to Richardson’s nearby Telecom Corridor.

Pierremont Dallas, Texas A 66-lot, high-density, in-town subdivision with full security features for semi-custom homebuilders. 1993

Woods At Crystal Falls Austin, Texas A 1,558-acre mixed-use development in the Leander area. Single-family and retail areas surround an 18-hole golf course and a new elementary school. 1993

Oaks At Sonterra San Antonio, Texas 161 acres that include 563 medium- and high-end lots, adjacent to the Sonterra Country Club. 1993

Park Vistas Denver, Colorado 139 lots in north Denver, developed for the Centex Corporation. 1993

Riverside Arlington, Texas A 162-acre land development bordering Riverside Golf Course containing 1,944 multi-family units built around a system of lakes. 1993

Castle Pines North Denver, Colorado Pro golfer Tom Weiskopf designed the 18-hole golf course that winds through this 785-acre, master- planned community in Douglas County, offering mid-range and high-end homes. 1994This upscale property capitalizes on front-range mountain views from its 18-hole, Weiskopf-designed golf course, The Ridge at Castle Pines.

Timbercreek Lewisville, Texas A 51-acre multi-family land development containing 1,100 units neighboring the Vista Ridge Mall. 1994

Barker Cypress Houston, Texas A 64-acre multi-use tract located on the northeast corner of Barker Cypress and F.M. 529 in the dynamic North Houston market. This project is currently home to Kohl’s , L.A. Fitness, and over 650 apartments. 1996

North Texas Medical Center McKinney, Texas Adjacent to the new $40 million HCA Hospital. This 70-acre development at the southwest corner of S.H. 121 and Highway 5 in McKinney, Texas contains a 125,000 SF medical office, a medical office condominium complex, and 300 units of apartment zoning. 1996

Westcreek San Antonio, Texas A 546-acre, multi-use tract adjacent to the Fiesta Texas amusement park. 1998

Mansfield Towne Crossing Mansfield, Texas A 159-acre, mixed-use development located at Hwy 287 and Debbie Lane in southwest Tarrant County. This project is the home for Super Target, Home Depot, many regional restaurants, and 900 apartments. 1999

Westwood Residential In addition to its direct acquisition of land developments, in 1992, Sowell & Co. recognized that demographics and availability of rental housing were changing in the U.S. The company sensed the timing was right to enter into a partnership with an apartment development and construction company that focuses on luxury rental housing in America. The resulting partnership, Westwood Residential, has developed more than 6,820 multi-family units in Texas, Colorado, Arizona and California. Crescent At Cherry Creek Denver, Colorado 216 units.Colonnade At Willowbend Plano, Texas 338 units. Sweetwater Ranch Richardson, Texas 312 units. The Mirada Apartments San Antonio, Texas This attractive San Antonio property is one of the numerous upscale complexes developed by Westwood Residential. 252 units Sonterra At Williams Centre Tucson, Arizona 344 units. Sonterra At Paradise Valley Phoenix, Arizona 274 units. Sonterra At Parkside Dallas, Texas 298 units. Cortesia At Parkside Dallas, Texas 274 units. Grand Centennial Colorado Springs, Colorado 344 units. Sonterra At Foothill Ranch Orange County, California 300 units. Grand Venetian Irving (Las Colinas), Texas 514 units. Cortesia At Rancho Santa Margarita Rancho Santa Margarita, California 308 units. Grand River Canyon Colorado Springs, Colorado 440 units. Rio Grande Ranch At Shadowlake Houston, Texas 312 units. Sonterra At Buckingham Richardson, Texas 312 units. Red River Ranch Grand Prairie, Texas 336 units. Keystone Ranch Dallas, Texas 276 units. San Paloma Austin, Texas 510 units. Austin Ranch Austin, Texas 548 units.

Lubbock Industrial Lubbock, Texas An 80,000 sf speculative, rail served, industrial building. Located immediately north of the Preston Smith International Airport in Lubbock. 2015

Villages At Maxwell Creek Allen, Texas 64 acres that include 315 lots in one of the fastest growing segments of the Metroplex. 2002

Clear Creek Park Pearland, Texas A 45-acre development of 152 low-density, single-family lots, this project adjoins a 20-acre park and is located in one of the hottest single-family markets in the metro Houston area. 2002

Stewart Creek Estates Frisco, Texas A 60-acre development of 300 high-density, single-family lots, this project will provide the best housing value in this explosive market. 2003

Westbrook Lakes Houston, Texas An 80-acre development of 292 low and medium-density, single-family lots. This project incorporates a meandering water feature and is located in the desirable Cy-Fair Independent School District. One of the fastest selling communities in Sowell & Co. history, this project was delivered on 9/11/2001. In the face of an uncertain time in U.S. history, Sowell & Co. identified a project that was in high demand. 2004

Rhodes Landing Harris County, Texas A 38.5-acre development of 192 medium-density, single-family lots. This project is in the much-desired F.M. 2920 corridor. The project provides some of the best housing values in the Klein Independent School District. 2004

Beltway Houston, Texas This 23.5-acre parcel was purchased as an investment in 2003 and sold 16 months later to an investor. The property, located at the terminus of Tidwell Road and East Beltway 8, is now being developed as a commercial and multi-family site. 2005

Kenswick Glen Houston, Texas A 24-acre development of 143 medium-density lots. This project provides one of the best housing values in north Houston. 2006

Sierra Ranch Houston, Texas A 38-acre development of 197 medium density lots surrounding inside of the East Beltway. This community serves the expanding ship channel and refinery employment areas. 2006

Meadow Hill Run Houston, Texas A 46-acre development of 226 medium-density lots located in the F.M. 2920 corridor sub-market. This project has a lake amenity feature and a very desirable location in the Klein Independent School District. 2007

Middlecreek Village Houston, Texas A 28-acre development of 112 medium density lots surrounding a water feature. The community is located in the Klein ISD. 2007

The Estates at Creeks End Harris County, Texas A 35.3-acre development of 100 low-density lots in a secluded, gated community. This project is within walking distance of the elementary school and features two lakes as an amenity. 2007

Villages on Grant Houston, Texas A 46-acre development of 208 medium-density lots in the Cy-Fair Independent School District. This project features a five-acre amenity lake. 2007

Parks at Walnut Bend Pearland, Texas A 65-acre development of 256 medium-density, single-family lots. This project is adjacent to Pearland’s Centennial Park and is one of the top growth markets in Houston. 2008

Fifth Decade Completed Projects

Audubon Houston, Texas A 35-acre development of 142 medium density lots in the acclaimed CyFair school district. This infill community is inside the West Beltway. 2010

Village Grove Pearland, Texas A 90-acre development of 270 medium and low-density lots. This project features some of the last medium-density lots in Pearland. 2010

Chambers Crossing Baytown, Texas This 443-acre parcel is served by the Union Pacific rail line that serves the new Bayport Ship Terminal and Port of Houston on Galveston Bay. The property has 2,185 feet of frontage along the east side of the rail line. Additionally the property has 1,900 feet of frontage along FM 565. This project was sold to an international industrial user in 2011 for a substantial gain. This project is near Walmart’s 4-million sf distribution center. This property was sold to one user, an international shipping company. 2011

Tower Garage A 495 space multi level parking garage in the Dallas CBD, with additional 10,000 sf of ground level retail. As the Dallas CBD became a desirable urban living location, the demand for office space also returned. Tower garage was sold in 2013 to an adjacent office building, in need of additional parking. 2011

Wallisville Baytown, Texas A 125-acre property at the northwest corner of Wallisville Rd. and Garth Rd. with 5.5 acres of commercial development and 119.5 acres of single family. Stripes convenience stores purchased a site in 2014 and Castle Rock Communities purchased the single family land in 2015. The community is located in the Goose Creek school district. 2011

Highlands Baytown, Texas A 43-acre development of 211 medium density lots. The community is located in the Goose Creek school district. 2005

Lockeridge Farms Houston, Texas A 70-acre development of 188 medium-density lots with a water feature, playground, community pool and the site for a future elementary school. The community is located just south of The Woodlands in Montgomery County, in the Conroe Independent School District. 2005

Canterbury Park Pearland, Texas A 171-acre development of 457 low-density lots in Houston’s latest sub-market. This community features two parks and a 35-acre lake. 2002

Terrace Brook Houston, Texas A 105-acre development of 425 medium-density lots located inside Beltway 8 in the CY-Fair Independent School District. This project’s unique infill location has attracted significant market demand. 2004

Imperial Green Houston, Texas A 97-acre development of 460 medium-density lots, situated just north of Beltway 8 and east of I-45. Imperial Green is the last significant development parcel in the acclaimed Spring Independent School District. 2004

Grand Lakes This 434-acre project is located in the heart of the Dallas/Ft. Worth metroplex in Grand Prairie, Texas. The project has over 1.5 miles of frontage on Interstate 30, but was in the flood plain and had no legal access. Sowell & Co. used its experience in land development to work with many local, state, and federal agencies to create the 230-acre Grand Lakes Business Park. The project required moving 2,500,000 cubic yards of dirt, which exposed a valuable aggregate deposit that offset the cost of the flood plain reclamation. Working with local, state and federal transportation agencies, Sowell & Co. built the first frontage road on Interstate 30 in Grand Prairie. The development has added over $165 million in new development to Grand Prairie.

Grand Parkway Baytown, Texas This 363-acre development is located at the northeast corner of the Grand Parkway and FM 565/Cove Road just east of Baytown. The property has frontage along three major thoroughfares. The property will support a mixed-use distribution, flex-space and industrial development. 2007