Oldham Goodwin Group & MGroup To Develop & Construct Luxury Apartments In Texas City, TX

Development, Multifamily Management

January 28, 2016 by OLDHAM GOODWIN

Bryan, Texas — Oldham Goodwin Group, LLC, in conjunction with MGroup, is pleased to announce a new multifamily development project in the Lago Mar Development in Texas City, Texas.

Catalon at Lago Mar will be a 230 unit Class A community located at 6130 Lago Mar Boulevard, near Interstate Highway 45 (Gulf Freeway). The community will feature high end amenities, a fitness center, outdoor pool, and other amenities available to residents.

“Oldham Goodwin Capital is excited about being a Joint Venture Partner with MGroup on this project,” said Casey M. Oldham, Chairman and CEO of Oldham Goodwin Group. “This development presents an opportunity to be in the heart of a tremendous growth area and be the first to provide exceptional quality housing to the market.”

“Oldham Goodwin is excited to start construction on Catalon at Lago Mar,” said Hunter Goodwin, President and COO of Oldham Goodwin Group. “Our team has conducted extensive market research and we’re confident that this is a substantial area of growth in Texas.”

“We are really excited to be a part of the Lago Mar development,” said Mark D. Musemeche, A.I.A., Founder of MGroup Companies. “Our new luxury rental community is located in the heart of the Lago Mar commercial district along I-45 adjacent to Tanger Outlet Mall, the new amusement park, and planned retail. We see explosive growth in the area and an opportunity to be part of the long term success of Lago Mar.”

Oldham Goodwin’s Development Services division, in conjunction with MGroup, will be overseeing the development and construction management of the project. The project team has selected FCI Multi-Family Construction to oversee the construction of this development project.

Construction for Catalon at Lago Mar is expected to begin February 1, 2016, with a projected completion date in First Quarter 2017.

For more information about Development Services or Oldham Goodwin Group’s other commercial real estate projects, visit www.OldhamGoodwin.com or call (979) 268-2000.

For more information about MGroup Companies, please contact Mr. Mark Musemeche at mgroupinc@sbcglobal.net or call (713) 522-4141.