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  7. First Basin Credit Union
๐Ÿ‘ค
Property Owner

First Basin Credit Union

7100 TX-191, Odessa, Texas 79765
Shem Culpepper
4
Total Projects
$17.4M
Portfolio Value
0
Active Now
84,326
Total Sq Ft
2
Cities
$4.3M
Avg Value

About First Basin Credit Union

First Basin Credit Union is a significant property owner and developer in Midland-Odessa and Andrews County with a comprehensive real estate portfolio of 4 construction projects valued at $17.4M. The development portfolio focuses primarily on new construction, with 3 new construction projects and 1 renovation projects representing 84,326 square feet of developed space.

๐Ÿ“ŠWork Items

  • 3 new construction projects (75%)
  • 1 renovation projects (25%)
  • Average project value: $4.3M
  • Total square footage: 84,326 sq ft

๐Ÿ™๏ธMarket Presence

  • Odessa3 projects
  • Andrews1 projects

With 0 active projects currently under development and 4 completed projects, First Basin Credit Union maintains a strong presence across 2 cities, working with leading architecture and design firms including JSA Architects, Inc., DLR Group | Staffelbach, Travis Durham Architect. The development portfolio is concentrated in Odessa, Andrews, establishing First Basin Credit Union as a key player in Midland-Odessa & Andrews County commercial and residential real estate development.

Market Position

#1
of 0+ Texas property owners
by project volume
Top markets
OdessaAndrews

Activity Over Time

2019
1
2021
1
2023
1
2024
1
Median project: $2.5MAvg cost/sqft: $213/sqftPeak year: 2019 (1 projects)
๐ŸŒŸ Featured Project๐Ÿ—๏ธ New

First Basin Credit Union

7100 East Hwy 191, Odessa, TX 79765
$14.0M68,000 sqft
๐Ÿ“…

Activity Timeline

First Project
Mar 2019
Latest Project
Jan 2024
0
Active
4
Completed
๐Ÿ“

Project Locations

Odessa
3
Andrews
1
Counties
Ector3Andrews1
๐Ÿ›๏ธ

Design Partners

3 architecture firms

1
JSA Architects, Inc.
2 projectsยท$3.0M
๐Ÿ—๏ธ 1 new๐Ÿ”ง 1 renoavg $1.5M
Odessa, Andrews
Latest:3rd Floor - Edward Jones Suite Build-Out(Jan 2024)
2
DLR Group | Staffelbach
1 projectsยท$424K
๐Ÿ—๏ธ 1 newavg $424K
Odessa
Latest:Whitley Penn Odessa (392170100)(Mar 2021)
3
Travis Durham Architect
1 projectsยท$14.0M
๐Ÿ—๏ธ 1 newavg $14.0M
Odessa
Latest:First Basin Credit Union(Mar 2019)
3 total design firms worked with$17.4M combined
๐Ÿ“Š

Project Status

๐ŸClosed
4(100%)

All Projects

4 total ยท Sorted by date
๐ŸClosed$450K

3rd Floor - Edward Jones Suite Build-Out

7100 TX-191, Suite 301, Odessa, TX 79765
Jan 19, 2024๐Ÿ”ง
JSA Architects, Inc.
๐ŸClosed$2.5M

New Branch - Andrews

1000 N. Main St., Andrews, TX 79714
Jun 21, 2023๐Ÿ—๏ธ
JSA Architects, Inc.
๐ŸClosed$424K

Whitley Penn Odessa (392170100)

7100 State Highway 191, Odessa, TX 79765
Mar 4, 2021๐Ÿ—๏ธ
DLR Group | Staffelbach
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