C8 New Redevelopment Trends

Tuesday, September 16, 2008 3:15 PM – 5:00 PM; Room 101B

Adaptive re-use of inner-city property can serve as a sorely needed source of under-utilized, close-in land for housing–and as a practical way to clean up our environment, while providing robust risk-adjusted returns on real estate.

Moderator:

David Clear, Senior Planner, City South Management Authority

Panelists:

Ray Watson, Executive Director, Windcrest Economic Development Corporation

Ray Watson has served as the Executive Director of the Economic Development Corporation since June 2006.  In this position, he has been tasked with spearheading redevelopment efforts in the business district of Windcrest, which is positions along the Walzem Road corridor.  He was instrumental in the efforts to get Rackspace Managed Hosting’s corporate headquarters located at the former Windsor Park Mall and for his effort; Windcrest EDC received best Real Estate Project of the Year for 2008.  Watson was also named one of San Antonio Business Journal’s “40 Under 40” winners in 2007.  He received his Bachelor’s and Master’s degrees from Texas A&M University in Agricultural Development and Agricultural Education with and emphasis in Economics, respectively.  He also graduated from the Oklahoma University Economic Development Institute, a three-year program certified by the International Economic Development Council.  Prior to joining the City of Windcrest, Watson served as Executive Director of the Ruston Economic Development Corporation and the Ouachita Economic Development Corporation, both in Louisiana, and prior to holding those positions he headed the Texas Grain Sorghum Producers Association.  Outside of work, Watson serves as a member of Texas Governor Rick Perry’s BioEnergy Initiative, Texas Economic Development Council’s Education Committee, International Economic Development Council, College of Agriculture and Life Sciences Leadership Council at Texas A&M University, Exhibits Committee of the San Antonio Stock Show and Rodeo, Windcrest Lion’s Club and Rotary International.

Matt Whelan, Senior Vice President, Catellus Development Group

As Senior Vice President of Catellus, a ProLogis company, Matt Whelan oversees our regional development activities in Texas and serves as the project director leading the redevelopment of Robert Mueller Municipal Airport in Austin, Texas.

 

Prior to joining ProLogis in June 2006, he spent seven years with CCNG Realty, Inc. in Austin. At CCNG, Mr. Whelan was responsible for strategic planning and overseeing the real estate operations of Spanish Oaks, a 1,300-acre, $1-billion, mixed-use, master-planned project. Previous to his work at CCNG, Mr. Whelan gained valuable experience consulting on development planning and public financing for large real estate projects.

 

Mr. Whelan graduated from the University of Texas at Austin with a Bachelor of Science in Civil Engineering and a Master of Science in Environmental Engineering.

 

Catellus Development Group is a company of ProLogis, the world’s largest owner, manager and developer of distribution facilities, with operations in 132 markets across North America, Europe and Asia. In 1994, ProLogis opened an office in San Antonio. Since then the company has grown its portfolio there to comprise 75 buildings totaling more than 7.4 million square feet, valued at approximately $339 million (including land).

 

About Catellus

Catellus Development Group, a ProLogis company, specializes in large-scale development projects that involve brownfield sites, military bases, former airports and other locations suited for mixed-use. Catellus’ expertise covers all aspects of mixed-use master development, including planning and entitlement, public infrastructure and amenities, tax-increment financing, environmental remediation, community relations and sustainable design. Catellus also has extensive experience developing retail centers with local and national retail customers. Sample Catellus projects include the Mission Bay development in San Francisco; the Mueller airport redevelopment in Austin, Texas; Alameda Landing in Alameda, California, and Los Angeles Air Force Base in El Segundo, California.  For additional information about the company, go to http://www.catellus.com.

 

About ProLogis
ProLogis is the world’s largest owner, manager and developer of distribution facilities, with operations in 132 markets across North America, Europe and Asia. The company has $40.4 billion of assets owned, managed and under development, comprising 542.3 million square feet (50.4 million square meters) in 2,884 properties as of June 30, 2008. ProLogis’ customers include manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. Headquartered in Denver, Colorado, ProLogis employs over 1,500 people worldwide. For additional information about the company, go to http://www.prologis.com.

 

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