The project's location, at the intersection of Loop 360 and Westlake Drive, puts San Clemente in the heart of the city's prime technology corridor. Sam Houston, office division project partner at Hill Partners, tells GlobeSt.com the location makes San Clemente the best project his firm has ever developed.

San Clemente's eight buildings, totaling 800,000 sf of office and retail space, will roll out over the next four to five years, Houston says. Building A, which will be completed in November, will be two-story retail space with 32,000 sf. Building B, anticipated for completion in January, will be a three-story, pre-cast office building with a parking garage. Building B will offer 90,000 sf of leasable office space. Houston pictures a dry cleaners and sandwich shop, as well as pad sites for a restaurant and a bank that will be marketed in coming months.

Despite the recent economic downturns, Houston is still confident about San Clemente. While Houston has no announcements to make about leases, he does tell GlobeSt.com that he is working with a couple of firms that will likely become tenants. "If we get the leases in place, we're going to go ahead full force. It will definitely make this a viable project," says Houston, who has also developed two of the office buildings in Barton Oaks. "There are still opportunities in the marketplace for quality development."