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Che Capital Asset Management Secures Zoning Change for 62-Acre Mixed-Use Development in Seguin, TX
Seguin, Texas–(Newsfile Corp. – June 29, 2023) – Che Capital Asset Management, a Chicago-based real estate investment firm, has received approval to rezone 62 acres of farmland for the upcoming Creekside Gardens development—a retail, townhome, and apartment lifestyle community. This milestone caps a year-long process to work with the city stakeholders to change the zoning to one that would be of benefit to the city and its residents.
“My team and I came to Seguin over a year ago looking for a community on the verge of growth and we found so much more. Everyone we spoke to, heard from, and worked with really shaped the outcome of the rezoning process. We are excited to be a part of the community as we work together to address the growing housing needs of the city and region,” said Delphine Nguyen, Co-Founder and President of Che Capital.
Located in Seguin, Texas, the future location for Creekside Gardens sits at the corner of Highways 123 and 90. Located within a quarter mile of Interstate 10, it is ideal to support both residents and the tens of thousands of potential customers traveling between Houston and San Antonio every day.
Creekside Gardens will include about 150,000 square feet of retail, 400 units of multifamily, and 45 townhomes making this the largest development of its kind in this centrally-located city. For residents and visitors who prefer a more idyllic pace, the live-dine-shop-play community also has over 20 acres of dedicated green space, walking trails, picnic tables, and a 5-acre pond.
Now that zoning has been approved, Che Capital intends to work with both national and regional retail and restaurant firms to design a shopping, dining, and entertainment venue that will draw thousands of visitors from the greater San Antonio region. The quality of the apartments will rival any new builds in the US. The townhomes were specifically added to the development based on feedback during the zoning process that they were a desired component for the housing mix in town.
With a growing population base and employers moving to the area, providing enough quality and affordable housing is a challenge for any growing city. “Our research showed some apartment rents already exceeding $2/SFT, indicating a rental trend that is approaching that of the broader San Antonio metro region. Creekside Gardens will add to the upcoming available housing stock to provide more options for Seguin residents as the city continues on its growth trajectory,” said Angelique Che, Research Associate of Che Capital.
For more information, please visit https://checapitalgroup.com/.
Contact Person: Delphine Dung Nguyen
Email: [email protected]
Website: https://checapitalgroup.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/171837
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This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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