From: Lubbock Avalanche-Journal
By: Walt Nett // September 1, 2009
Lubbock's first family-oriented apartment complex in four years is finally getting off the drawing board and on the ground.
Crews will start moving dirt Wednesday for Windsor Creek Apartments, an $18 million, 208-unit complex to occupy about 11 acres on the east side of Chicago Avenue between 53rd and 54th streets.
The construction schedule calls for finishing the first of eight 26-apartment buildings and the complex clubhouse in June 2010, said Randy Egenbacher, president and principal of Egenbacher Development Services. The remaining seven buildings are supposed to be finished at the rate of one per month, he added.
"Based on our research, market demand has bounced back and this should be coming online just at the right time," Egenbacher said when asked about launching the project in a struggling economy. "We're betting $18 million on it."
The project's owner is CJ Development, a locally owned development company.
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