Tracy Lee
(281) 359-5881 (Office)
(281) 682-6389 (Cell)
e-mail:
tracysupple6688@gmail.com
$3,500,000.00
July 4th, 2008 parade
Grand Opening of Stewart & Woodforest Bank
FLAGS REAL ESTATE
Location and Map
Flags Real Estate
22616 Loop 494
Kingwood, TX 77339
Fantastic China Town Shopping Center on Bellaire! Great Resturant & Shopping center combination, offering includes 3 businesses..fully furnished and in operation. #1 The Arirang Resturant a Fine Asian eatery, #2 Dumpling King Resturant, #3 Korean Cosmetics with approx 1,700 sq. ft lease space & an upstairs area to grow into. Located near corner Of Bellaire/Corporate Drive. Please call for Financials.
For more information - Marketing Package
Call Tracy Lee 281-682-6389
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Tracy Lee at Lone Star Bike Rally in Galveston, TX November 4, 2007 |
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Northpoint Office complex - Greenspoint area |
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Texas, real estate, including listings of commercial real estate properties suitable for investing.
There are many valuable oppurtunites to invest in real estate in Houston, TX.
My real estate agency is Flags Real Estate located in Kingwood, TX.
We are selling not only Houston area real estate, but also country area properties with lakes, forest, pastures, farm land.
New Caney, Humble, Conroe, The Woodlands, Lake Livington.
Real estate investment is our speciality.
Come see us, in the friendly town of Kingwood, Texas..
I will be happy to assist you in both selling and buying properties.
Also, I will be glad to help answer real estate financing options too.
The Houston, Kingwood, Humble, The Woodlands, Porter, New Caney area is growing fast.
Come be a part of it !
Open seven days a week.
Most Recent Dinosaur Park News |
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EarthQuest project moving forward |
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Plans to construct the EarthQuest museum, theme park and resort, along with a nearby associated development, are not only moving forward, but have been growing in the planning process. Since the project began two years ago, it has grown significantly into a major entertainment and commercial project, said Frank McCrady, president and CEO of the East Montgomery County Improvement District. The improvement district has pursued the project for the local community while working with “Dino” Don Lessom, the originator of the idea for the project. When completed, the EarthQuest theme park will comprise approximately 500 acres on the west side of U.S. 59. The facility will offer a non-profit institute and museum, a theme park and resort including amusement park rides, a zoo facility, displays, exhibits, restaurants, a water park, resort hotel and a 4,000 -car parking structure. Outside the park entrance, on approximately 1,100 acres along the east side of U.S. 59, will include residential neighborhoods, lifestyle entertainment venues, restaurants, theaters and retail outlets including big box retailers. McCrady said funding plans for the project are moving forward despite the problems with the faltering economy. “You can’t just look at what has happened as of today,” he said. “It’s a long-term vision from the investors’ standpoint.” Along with the added plans for associated developments, the main change to the museum and park side of the project is the addition of more and larger family entertainment-type venues both inside and outside of the theme park, said McCrady. “Our analysis showed there are few entertainment options in the area, so more entertainment options are being added to the scope of the project,” he said. “Think of a Mountasia and Dave and Buster’s on steroids,” said McCrady of the plans for the family entertainment venues. Plans for the acreage on the east side of the highway from near FM 1485 to Roman Forest Boulevard call for a technology transfer center for the theme park, a light industrial complex for associated technology businesses, hotels, retail and outlet shopping centers, office space, big box retailers and a town center component to serve the eventual single family residential development in the easternmost portion of the land. While business interest in the local community is remaining strong at this time, McCrady said that the EarthQuest project is expected to create between 2,500-2,700 total additional jobs upon completion. The entertainment portion of the project, the museum and theme park, is expected to create 1,200 of those jobs. A master plan for the entire project is now complete and ready to go to potential investors for the for-profit park and to possible donors to the institute for their final approvals, he said. A three-dimensional mock-up of the park and other development in the project is expected to be available for viewing at the EMCID office within the next 30 days or so, added McCrady. |
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Fast facts |
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What is EarthQuest?: Unearthing the massive dinosaur-themed project Updated: 10.22.08
To describe the new EarthQuest development planned for U.S. Highway 59 as solely an amusement park or a dinosaur museum would be wrong.
The 1,600-acre plot of land bisected by U.S. 59 initially began as a 50-acre research facility and museum. It has since ballooned from its initial conception to become an estimated $1.5 billion destination resort filled with an amusement park and hotels. “Dino” Don Lessem, a renowned dinosaur paleontologist who reconstructed the world’s largest dinosaur skeleton, is the man behind the idea for the project.
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| “This is not a theme park to be stripped bare and covered with concrete,” Lessem said in a phone interview last week. “What we want to have is a more active research facility.” The development is divided by U.S. 59 into two phases: the resort and research institute to the west and the residential development to the east. The western portion is supposed to break ground between the summer and fall of 2009, setting the completion of the project to 2011. The centerpieces of the 550-acre west area are the EarthQuest Institute research facility and EarthQuest Adventures family amusement park. The 125,000-square-foot institute and museum will be an interactive experience for visitors. “All the details are designed to show how people can live without destroying the environment,” Lessem said. “Would this be done by Disney, this would be driven by commerce. Our brand is nature and we want to celebrate the beauty of the environment.” Lessem reiterated that the project is not a replacement for Houston’s old Six Flags AstroWorld that closed its doors in 2005, but a completely new entertainment experience. Also planned for EarthQuest’s western development are three hotel sites, a zoo, ropes course, retail entertainment zone and treehouse lodging. The retail and entertainment zone is said to be similar to the Universal Studios City Walk in Los Angeles with retail shopping, dining and live music. To the east of U.S. 59 is a residential community that will have about 1,500 single family homes, according to the developer John Marlin of Marlin-Atlantis, the company that owns the 1,600 acres for the proposed site. The homes and the institute will work hand-in-hand by allowing researchers and scientists to implement green technology directly into the homes. This will give researchers a testing ground in their own back yard to see if new implementations are effective. According to an interview with Marlin, he said the home sites will be a 15- to 20-year project. The idea for this monstrous dinosaur project was the original conception of Lessem. Lessem said he had been working on the project five to six years before the East Montgomery County Improvement District came into the picture. He began the search for a location to build his facility, eventually deciding on East Montgomery County. The New Caney area beat out 74 communities from 19 states, according to Frank McCrady, EMCID president and CEO. The original idea was a 50-acre site for the museum and institute. The project snowballed from there after EMCID hired Baker-Leisure, a consulting and management company for theme parks out of Orlando, to conduct a demographics study of the Houston area. “Our conclusion was that Houston is a very strong market,” said Doug Rutledge, vice president of business development at Baker-Leisure. “Houston is one of the last major metropolitan statistical areas that lacks a major theme park or an amusement park.” Rutledge concluded that Houston was a “strong destination” that would set it apart from other markets. Following Rudledge’s study, McCrady said all signs pointed to a combined museum institute and entertainment destination. That was October 2007. “The biggest transition we made was going from a museum to a full-blown destination resort,” McCrady said. “It’s continuing to build; it gets bigger every day.” The project, though, might not have even gotten off the ground had the New Caney Fire Department decided to increase the sales tax from the current half a penny to one cent. The EMCID board feared the increase in sales tax might drive away the developers of EarthQuest and ultimately the whole project. To compensate the fire department, EMCID issued New Caney FD a unique loan. “They offered to provide us with $1.5 million for the next five years,” said New Caney FD Chief Jeff Taylor. “We would not have to pay it back until the tenth year.” According to the guidelines, the fire department is required to pay EMCID back the interest-free loan assuming there is substantial growth in the area. Assuming the dinosaur park goes through, there should be enough revenue generated to repay the loan. If there is not growth, then the department does not have to repay the loan. “It’s a win-win for the residents,” Taylor said. “One way or the other, the residents benefit from EMS and fire.” McCrady said a meeting tentatively scheduled for Nov. 13 at the EMCID Complex in New Caney will bring EarthQuest’s details into even more perspective when Lessem and others will show off their designs. EMCID has also set a target date of Dec. 12 to attain $7 million in bonds for the development of the western portion of the project. The EMCID board is loaning Marlin-Atlantis the $7 million for pre-development costs of the construction, according to McCrady. The expenses include fees for accounting, engineering, design and master planning. The EMCID board will be repaid half of the bond once Marlin takes out the construction loan. McCrady said the construction loan is expected to close summer to fall 2009. The remaining $3.5 million will be paid five years after the construction loan closes in 2014. The EarthQuest Institute, which was originally going to be helped by $50 million from EMCID, is going to run and be financed as a nonprofit entity. The fundraising needed for the institute has yet to get underway, according to Michael Dimengo, the president of Sage Fundraising Solutions LLC. The firm, based out of Jacksonville, Fla., is in charge of raising the $80 to $100 million needed for the project. “This is a huge green initiative with a study of the earth and its past,” Dimengo said. “We are just in the preliminary stages of the fundraising.” Sage is in the process of identifying people for an advisory board to oversee the fundraising. Lessem and his design team of more than 100 people are deep in the development phase for the institute. Lessem said they are in “a second phase of design to be finished in a month’s time.” Lessem hopes to have a website for the EarthQuest Institute up and running soon. The Marlin-Atlantis team is finalizing their plans as well with regards to the for-profit part of EarthQuest. “We’ve never done a project like this,” Marlin said. “Things are going very well and we are on schedule.” |
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| Tomball/Magnolia News | ||
This is an artist rendering of the entrance to Earth Quest, the new theme park set to open in 2012 in New Caney. Earth Quest |
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Aug. 7, 2007, 8:47PM Chronicle Correspondent |
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Liberty Motorsports Park - most recent news |
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LETTER FROM THE PRESIDENT NEW OFFICES We are very excited to inform you that we have moved to our new office! We will be opening Wednesday February 4th, 2009. You will be able to come by and look at the home, condo, and track layout(s) or pick up a t-shirt. We look forward to seeing you! Our hours are 9:00am-6:00pm Monday thru Friday and Saturday's will be 10:00am – 3:00pm. After hour appointments are available upon request. 115 E. Houston St The top drivers in the country are on Liberty Motorsports Hour! HOME LOT RESERVATIONS Thank you again. We are very happy to be moving forward. News and information should come 1-2 times a month via Newsletters. We look forward to answering any and all of your questions…so give us a call! |
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| An artist's rendition of Liberty Motorsports Park, not showing planned run-off areas. | Marcus McBain and Cleveland, Texas Mayor Jill Kirkonis sign an agreement guaranteeing $27 million in public financing for Liberty Motorsports Park. | ||
| City Backs New Motorsports Park In Cleveland, Texas To The Tune Of $27 Million Nov 17, 2007 From a press release issued by Liberty Motorsports Park: Liberty Motorsports Park announces $27 million public financing Development Agreement with City of Cleveland to assist in construction of the road course. On November 15, 2007 Mayor Jill Kirkonis and Liberty Motorsports Park President Marcus McBain signed a Development Agreement that tentatively provides $27 million in assistance from the City of Cleveland, Texas. It is a landmark agreement for any road course constructed in the United States. Liberty Motorsports Park is designed to host National Events as well as provide an affordable venue for regional events. The facility will serve as a motorsports County Club that will be able to serve 300 members. Liberty Motorsports Park management is currently interviewing companies and individuals to coordinate music events. The facility is expected to bring an annual impact of $50 million - $100 million annually once it is built. Media from the local CBS and ABC news affiliates covered the event as well as the Houston Chronicle and local media. During the announcement and signing of the agreement Mayor Jill Kirkonis told the enthused crowd, “Mr. McBain and the city council have worked very hard on this agreement. It has taken a little longer than both sides wanted it to, but I am very happy that we completed this work.” A room filled with government representatives and residents watched the signing of the Development Agreement. A 30-minute presentation that outlined the facility construction plans as well as the events currently courted or underway was provided. In his remarks Marcus McBain stated, “I agree this has taken a bit longer to come to an agreement than any side wanted it to, but I am very proud that we have a contract that provides security for the taxpayers and an aggressive support package for Liberty Motorsports Park.” Mr. McBain continued with his comments, “We want this to be a world-class facility. We just hope that we are recognized for the quality we provide. Our general contractor has toured several National venues so that we will be sure we design and build every building correctly in function and appearance. Our land developer and engineers have additionally toured facilities around the country.” Liberty Motorsports Park management has been in discussion with AMA Pro Racing as well as Grand Am to host National Events. Both series managers have provided letters of support for the facility. “We have sought out an AMA Superbike date with AMA Pro Racing as well as a Grand Am Rolex Series event. We believe those two series provide an outstanding show that Texas residents will really appreciate seeing on a scenic road course. We also are looking at those events as they have easily demonstrated that they can draw 50,000 or more fans with the quality of their show. It is our goal to try and draw over 100,000 fans to demonstrate our ingress and egress design that takes advantage of three entrances and exits with a possible fourth exit to be designed. One of our primary concerns was the ability to get fans in and out of the facility without discomfort. Within two years, we expect to have three independent exits to the highway as a by-pass from the city to the track is completed and that will be a great help,” McBain mentioned. Liberty Motorsports Park has contracted Zoom Motorsports to handle part of the operations and promotions for the park. Zoom Motorsports (a subsidiary of Bruno Event Team) current is the promoter for Barber Motorsports Park. “We wanted a company that could run our track in a manner that was not only professional, but cultured a family atmosphere for our big National events. We were extremely impressed with Zoom Motorsports and it was an easy decision for us. Their parent company’s experience with PGA, LPGA, and SEC Collegiate events really underscored the type of feel we wanted for our events. The facility is designed to be a weekend destination for residents of Houston. We will have music festivals and concerts that will coincide with Motorsports events as well as be stand-alone events. Again, we believe Zoom is the one to make this facility a special destination for the Houston market,” McBain told the crowded Cleveland Civic Center. The 819-acre tract that the facility will be run on is currently a timber farm. It has over 45 foot of elevation changes, which will provide a canvas of rolling hills for the events to be run on and fans to enjoy. Events run at the facility will resemble more of a park atmosphere than a stereotypical racing track. Noise limits of 106db will ensure that a family can come to the park and enjoy a great competition event, while not becoming fatigued by unnecessary noise. Fans will be welcomed to bring an ice chest with lunch to layout on hillsides that will be created for them. Musical entertainment is designed to provide a diverse entertainment menu. During the weekdays, schools and private events will share time with membership days. Over $100 million of residential development is additionally planned. This includes trackside condominiums and an estate development that provides a separation from the facility. Much of the current forest will be left in place. Construction is expected to begin within the next six weeks. The management team of Liberty Motorsports Park is hopeful that it will be able to complete the actual road course by June of 2008. This is aggressive, but Vice President Steve Veedell noted, “We have conducted over three-quarter of a million dollars in pre-engineering work. This includes complete environmental, soil, and drainage studies. We are ready to go with bulldozers right now, we simply need to complete some contracts and legal work to start construction.” More information about the master-planned Motorsports Park is available at www.libertymotorsportspark.com. |
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City, motorsports park may close deal |
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| Liberty Motorsports Park is expected to host dozens of events each year, including motorcycle and automobile races like the one pictured above. | |||
| On Thursday, at 2 p.m. at the Cleveland Civic Center, a press conference has been arranged for a formal announcement to be made.
Expected to be present are city and county leaders, as well as members of the local and regional media, who, for quite some time, have been reporting on the economic impact of the race track on the Greater Cleveland Area. Though Marcus McBain, president of Liberty Motorsports Park, is not revealing all the details of the conference, it's apparent by the smile on his face that the news will be good. It's anticipated that McBain and his supporters will announce that they have finalized a Memorandum of Understanding with the City of Cleveland, which will allow the developers to begin construction of the park; however details of the MOU are yet unknown. If construction begins immediately, the park, which is designed to be similar to Barbers Motorsports Park in Alabama, could be ready by next summer. Once it is complete, Liberty Motorsports Park is projected to bring millions of dollars to the local economy and numerous jobs to the area. According to McBain, who has spoken to the Cleveland Advocate numerous times about the project since its inception, the facility will host dozens of events each year, which could include AMA Pro Racing and Grand-Am events. Some of these events could draw in crowds of 80,000 or more. In September, Jerry Walker of Impact Data Source presented a study to the Cleveland City Council, which was prepared at the council's request, using data McBain provided. Walker foretold that the park will mean: * 510 direct and indirect jobs created;
* $714 million in salaries; * 746 new residents to the city; * $1.3 billion in taxable sales; * $203 million in taxable spending; * $8.7 billion in new residential property; and * $148 million added to the local tax rolls. On Thursday, McBain is expected to field questions from the public, officials and media regarding the agreement that was reached with the city and groundbreaking plans. All persons interested in the motor sports park are encouraged to attend. ©Houston Community Newspapers Online 2007 |
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