GBI International and Gemcraft Developments

[Urbannizer]

More info from an article publishe in Nov. of 08

GBI International Injected a New Stimulus to Further Prop Out Houston Asian Town

http://www.zzi.net/news/20081112000557.shtml

Stimulating Local Projects

When some investors are lingering on the sideline to be spooked when confirmation of economic weakness materialized, GBI envisioned a new stimulating project, including commercial, residency, and warehouse buildings.

The Twin Towers, two 12-story buildings consisting of approximately 250 four-start luxury condo rooms, 192,000 square feet professional office space, 40,000 square foot conference center, and a 10,000 square foot international bank, is estimated $92.5 million.

Central Park, an approximate $350 million project, gauges 476,000 square feet of commercial space and seven high-rise condo buildings with 812 residential condo units.

The Twin Tower and Central Park, both located in Asian Town/Houston, touted the prospect not just as Houston's conquest on business diversity but as an ideological turning point, one could embrace commercial bank, professional office space, and resident condominium, likening the conventional segregation between commercial and residency sites.

Foreign Trade Zone, approximated $213 million which GBI acquired 340 acres in Fort Bend County to be developed, has approximately 7.5 million square feet of office warehouse buildings.

Residential projects, New Horizon Villas, Villas at Ashford Point, and Fondren Gardens, comprehend the spectrum from high-end to lower middle income families, which has a $41.3 million value.

GBI's 6 local projects with launching $700 million pave the way to resurge Houston's booming economy by bringing more business and job opportunities. They also target to make Asian Town to be another hot tourist spot in Houston.

...and the Presentation...

[crunchtastic]

That dude with the cup in the first pic must be the negotiator. He's the Asian-American Bill Shatner.

[Urbannizer]

That dude with the cup in the first pic must be the negotiator. He's the Asian-American Bill Shatner.

Yeah, the dude looks to be very sneaky as well. His facial expression is'nt a positive one imo.

[uhlaw09]

That dude with the cup in the first pic must be the negotiator. He's the Asian-American Bill Shatner.

Awesome.

[Urbannizer]

Well the Bellaire Project has downsized. Its now called "Bellaire Fountain".

Gemcraft Homes is so happy to announce the good news regarding the Bellaire Project. We are so pleased that after one long year of working with several investment banks from Asia, we have been able to finalize the financing commitment with one.

The project concept has been changed into a 28,000 square foot Medical Building and a Luxury Active Adult Living Community, consisting of 275 units (one and two bedrooms) ranging from 782 to 1,140 square feet, with a 14,200 square foot Club House and a 3 story parking garage with 522 parking spaces, for sale or lease to active adults 55+ years.

Medical Building Construction Schedule:

1. October 2009 to November 2009: Construction Permits.
2. January 2010 to June 2010: Construction Completion

Active Adult Living Community Project Construction Schedule
1. July 2009: Master Plan Completion.
2. August 2009 to December 2009: Infrastructure Design and Dev. Permits
3. January 2010 to August 2010: Construction of Infrastructure and Streets
4. September to December 2009: Model and Marketing Brochure
5. April 2010 to June 2010: Construction Permits
6. July 2010 to March 2011: Phase I Completion
7. November 2010 to December 2011: Phase II Completion
8. April 2011 to December 2011: Phase II Completion
9. November 2011 to June 2012: Club House and Amenities Completion
10. January 2012 to September 2012: Phase III Completion
http://www.gbillc.com/default.asp?contentID=121

[Urbannizer]

CenterPoint Intermodal Center-Houston Metro

(Across the 59 Freeway from GBI International Industrial Park/FTZ)

CenterPoint Properties and the Kansas City Southern Railroad are jointly developing CenterPoint Intermodal Center – Houston, an 800-acre intermodal logistics park in Fort Bend County, 35 miles southwest of the city. The site is located in between Kendleton and Beasley, just outside the City of Rosenberg.

"CenterPoint is the master developer of 636 acres that will support the development of large-scale distribution/warehouse, transloading, cross-dock, automixing, onsite container/equipment management and other rail-related uses. Phase I of the KCS intermodal facility, which at full build-out will span more than 100 acres, is under construction now and is on schedule to open April 2009. KCS will provide rail service, carload and intermodal, along their international intermodal corridor between the Port of Lazaro Cardenas through Mexico to Houston, TX.

The site is within minutes of I-59 which is slated to become I-69 or the future NAFTA Superhighway, with connections to I-10 and I-45 for regional distribution.

Project Highlights

• Total Investment: $300 million
• Site Size: 800 acres
• Total Building Space: 7.5 million square feet

Customer Use: Distribution, Warehouse, Inter-modal".

Being in this unique location and amidst the business booming area, GBI is consulting with the most reputable International Marketing Group to get the most accurate research in order to prepare the best suitable marketing plan for the project.

Final stage of negotiation for financing for the project is underway, and once the financing commitment is finalized.

Edited November 3, 2009 by Urbannizer

[Urbannizer]

From March 10th

Intermodal Center in Rosenberg Receives Foreign Trade Zone Designation

Posted on: Wed, 10 Mar 2010 12:27:00 EST

The U.S. Department of Commerce recently approved expansion of the Port Freeport Foreign Trade Zone to include two sites along U.S. Highway 59 in Fort Bend County, including the new CenterPoint Intermodal Center -- Houston Metro in Rosenberg.

A joint venture

between Kansas City Southern (KCS) and Chicago-based CenterPoint Properties (CPP), the CenterPoint Intermodal Center consists of 630 acres and sits directly adjacent to the newly-opened Kansas City Southern Railway intermodal shipper facility, which will be used to receive, store and disburse by rail and truck containerized cargo across Texas, other parts of the U.S. and Mexico. This new center is potentially the largest economic development project in Fort Bend County and its surrounding communities throughout the next decade," said Barkley Peschel, VP of Development and Operations of the Greater Fort Bend Economic Development Council. "The approval of the Foreign Trade Zone makes this site more competitive with intermodal centers within Texas and other adjoining states. In addition, the direct access to Mexico will provide new opportunities for partnerships with Mexican manufacturers." Currently under construction, the logistics park can accommodate more than seven million square feet of industrial space and has the potential to create up to 2,000 new jobs and hundreds of millions of taxable investment for the region.

The second site that received FTZ designation fronts the south side of U.S. Highway 59 between FM 360 and Darst Road and is owned by GBI International. With U.S. offices in Houston and Irvine, California, GBI has proposed to develop an international business center on its 340 acres of land.

(continued...)

http://www.tradingmarkets.com/news/press-release/ksu_intermodal-center-in-rosenberg-receives-foreign-trade-zone-designation-836652.html<BR class=clear>