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Overton Park Redevelopment
The largest privately-funded development project in US History
McDougal Company’s largest project to date was transforming the 325-acre neighborhood between Texas Tech University and Downtown Lubbock. Prior to redevelopment, despite being home to only 2% of Lubbock’s population, North Overton represented 28% of the city’s crime. McDougal Companies transformed North Overton from a crime-riddled, blighted area to a thriving and economically flourishing community now known as Overton Park. When the project started in 1999, North Overton property values were $26 million. Today, assessed property values are approaching $1.6 billion.
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