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Real Estate Development

The Development Division of R. A. Galindo, Inc. has contributed substantially to the growth of Brazos County and the Bryan- College Station metroplex, home of Texas A&M University. In the mid 1970's, development projects included the creation of a separate 600-acre Municipal Utility District, which was later annexed by the city of Bryan. Other major developments included University Park, a mixed residential/commercial development in College Station, which was completed in 1982. Between 1975 and 2011, R. A. Galindo, Inc. has been responsible for the development of over 1,000 acres in Brazos County with total 2010 property tax values in excess of $300 million and still adding.

In 1986 R. A. Galindo, Inc. began developing real estate projects outside Brazos County. The Lake Nasworthy Estates subdivision was carved out of the former Ducote Ranch in Tom Greene County, Texas and covers nearly 60 acres of multi- use land near the shores of Lake Nasworthy in San Angelo. The highlight of this phased project is a 200-unit duplex and fourplex community, which was leased to the U.S. Air Force. The project included financing and construction of a complete new wastewater plant to serve the south side of San Angelo.

In 1996, the City of Cedar Park, in Williamson County, Texas became the site of another R. A. Galindo, Inc. development. Middle Brook Gardens, Phase I&II, is a 416-unit Class-A apartment complex noted for its incorporation of the existing natural landscape. Located 20 miles northwest of Austin, Cedar Park is a high growth area. The commercial development related to this project included medical and office buildings.