Provident Realty Eyeing 600,000-SF Project

BUDA, TX-Provident Realty Advisors Inc. is preparing to put finishing touches to Provident Crossing, a 32-acre development anchored by a 200,000-sf Wal-Mart Supercenter. But, the Dallas-based developer isn’t done in the area–it’s planning to build a mixed-use project on 70 acres across the road.

Provident Crossing’s last 6,500 sf is about to get under way for the 50,000 sf of inline and pad-site space at the crossroads of Loop 4 and Interstate 35. Kim Wise, a Provident partner, says the project’s final space will deliver in early-to-mid 2008. The development has been under construction since 2006.

Wise says the completed space is 100% leased, prompting development of the project’s final phase. “That finishes our involvement there,” Wise says. “We ran out of land, unfortunately.” Provident Crossing abuts the 185,000-sf Cabela’s at 15570 I-35.