Sunday, February 10, 2008

Basic Energy : Congratulations!

Congrats to Basic Energy of Midland! After years of hard work, and the benefits thereof, they have made such progress as to warrant two new buildings and are laying the groundwork for development in downtown Midland.

Basic recently aquired the "Hightower Building" downtown on Illinois Street, as well as another office building and the old and infamous "Belt Buckle building" next door on Illinois. They had a ground-breaking ceremony this past Friday on their plans to level the old BBB and put up a new structure in its place. We know parking will be involved in their new plans, but dare we hope for a new resturant location? or perhaps some shops of some kind? Tons of potential... literally.

Work is still going forward on Big Spring St. and Texas where two builds were leveled. It is my understanding the Metro building and adjacent bank on the corner of Colorado and Texas will soon meet their maker and also be demolished. Now... if we can ever get the MMMD to make up their mind on tearing down the old Midland Savings on the corner of Wall and Colorado, then we'd have some serious prime real estate just ripe for development down there!

Still no word on the old Vaughn building becoming Midland Sky Tower. I haven't given up hope for it. With Midland making national news as frequently as we are, we're due for about 5 to 10 more good years of growth.

Did anyone ever doubt me? All my predictions about Midland and its future growth?

Of course not. Who would dare doubt me? ;)

Have a great week!

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