LDC has found margins all along the spectrum, but namely in the sale, leasing, and construction of houses, apartments, and office space across the whole of Austin. They have also, in the last decade, brokered a number of major development projects, upping the firm's overall production value from $125,000 in 2000 to $60 million in 2008, positioning it for unprecedented growth–and handsome returns for investors–as Austin rebounds from the nationwide real estate slump.
Lee Development Corporation is poised to capitalize on Austin's continued development. As the backlog of commercial projects flushes itself out in the wake of the downturn, LDC expects new inventory to come through the pipeline. It is highly probably and most likely that the best of this property will be spoken for within the next two years. Opportunity exists now for investors with the interest but not the wherewithal and the willingness to allow LDC to capitalize from this availability.
Development