NEWS
STORIES
Overton
hotel to be taken private label
It was a shining moment for McDougal Cos. when the
privately held family company was finally able to
announce plans for a new upscale, multi-story hotel
for Overton Park. That was in January.
A
lot has happened since then.
McDougals
loom large in Overton Park
Lubbock
developer Delbert McDougal and his wife, Carolyn,
never looked better - in bronze that is.
On
Monday, the McDougals were honored by City Bank which
unveiled a 7-foot likeness of the couple strolling
into Overton Park - the largest privately funded redevelopment
project in the nation, which the family-owned company
has been working on since July 1999. March 6,
2006
Upscale
hotel will be towering presence in Overton Park
Overton Park took another huge step forward Thursday
following the announcement that the largest privately
funded revitalization area will soon be home to the
city's first upscale high-rise hotel.
Dallas-based Garfield Traub Development and Gal-Tex
Hotel Corp. of Galveston said they intend to build
and operate a 275-room full-service luxury hotel at
the northeast corner of Sixth Street and Avenue X.
January 27, 2006
Former
Pioneer Hotel ready to step into modern age
From a rooftop cabana area with connecting decks to
a ground floor courtyard splashed in green, the former
Pioneer Retirement Hotel in downtown Lubbock will
look anything but its age when a major renovation
is complete.
McDougal
Cos., which will share what it has in store for the
89-year-old building in a presentation Tuesday to
its realty staff, said it's ready to move into the
construction phase of the project. December
17, 2005
McDougal
takes giant step to north
McDougal
Cos. said it is acquiring more than 727 acres in Northwest
Lubbock for residential development and announced
it has engaged D.R. Horton Inc., the nation's largest
single-family home builder.
McDougal,
a diversified land, building and realty company, said
it is in contract with George Hardberger to acquire
the huge swath that sits adjacent to its North Pointe
subdivision.December
8, 2005
McDougal
returns historical architecture to Overton Park area
Back to the Future
The adage, "What's old is new and what's new
is old," couldn't describe better what Lubbock
developer Delbert McDougal has in store for Overton
Park as the project moves to a new level. September
4, 2005
Overton
Park lands first business as City Bank officially
opens today
City Bank officially opens the doors of its new Overton
Park branch at 10 a.m. today, marking the launch of
the first commercial business in the city's largest
privately funded redevelopment area. August
9, 2005
A
Centre Piece
Amenity-laden complex sets standard for Overton
community
The Centre at Overton Park was billed as something
different - a hybrid multifamily/retail complex in
the largest privately funded revitalization project
in the United States.
July 17, 2005
McDougal
Cos. turning historic building into luxury condos
McDougal Cos. announced Friday that the company has
acquired the former Pioneer Retirement Hotel in downtown
Lubbock and will convert the 11-story historic structure
into luxury condominiums.
May 21, 2005
Dual
Purpose
New McDougal project incorporates elementary school
McDougal
Cos. said it plans to simultaneously develop a new
subdivision in far West Lubbock while the Frenship
Independent School District starts construction on
a new elementary school.
November 7, 2004
Down
On Main Street
Condominiums to anchor Overton project
McDougal
Construction, a unit of McDougal Cos., said it plans
to break ground later this month on dozens of condominiums
in the company's Overton Park development.
The
$13.5 million project is the latest by McDougal in
the 325-acre target area.
October
3, 2004
Ground
breaking officially kicks off Overton Park Centre
project
McDougal Cos. officially broke ground Monday on The
Centre at Overton Park — a $26 million hybrid
retail/apartment complex that will serve as the gateway
to the city's largest revitalization project.
October 14, 2003
McDougal
makes record redevelopment official
McDougal
Cos. made official its plans for the largest privately
funded redevelopment project in the United States
starting with the name, which was officially changed
Friday to honor the area's founder.
September 14, 2002
McDougal
makes use of demolition mess
McDougal
Cos. took on one of the largest recycling projects
in the country after deciding to reuse much of the
waste created in the North Overton demolition.
August 9, 2002
Clearing
the Way
McDougal gets started reducing North Overton to rubble
Block
by block, homes and other cement work that once made
up historic North Overton are being shredded into
compost — pulverized into dust.
May
19, 2002
Demolition
work nears for Overton development
McDougal Companies plans to begin demolishing
buildings and homes in North Overton within 60 days
to make way for commercial student housing and residential
development.
October 10, 2001
A slight change in plans
N. Overton project gets fine-tuning
It's a sign of the times - evidence of a changing
landscape in Lubbock's North Overton area, where each
day another home is moved, another property bought.
October 15, 2000
McDougal
adds to Overton plan
Delbert
McDougal told members of the Lubbock Economics Council
on Thursday that he is receiving dozens of calls each
day from homeowners eager to get out of the North
Overton area, which is the focus of a major redevelopment
project.
October 8, 1999
A
solid example of vision
When
Delbert McDougal, chief executive officer of McDougal
Companies, first shared with me his project and vision
for the city's North Overton area more than a year
ago, needless to say I was taken aback.
July 25, 1999
