Monday, September 19, 2011
On the rise in Carrizo Springs
Vaquero Investment Properties is in the process of building a 96-unit apartment complex in the heart of the Eagle Ford Shale, Carrizo Springs, Texas. For many years, Cleos has been the main investor in town. Whenever I would travel to "Carrizo", I noticed almost every business had the name Cleo attached to it. There was a Cleo's chicken, Cleo's drive-inn, Cleo's gas station, Cleo's laundromat , you name it- Cleo was in on it.
That was then- now, it's the out of town, big money that's swooping down and investing millions upon millions. Whether it be the countless oil and gas operators destroying our Texas brush land or wide-eyed opportunists seeking to capitalize on the current boom, it's all out-of-town money now. As our illustrious mayor Raul Salinas said "San Antonio's chamber of commerce has made 4 trips to Carrizo Springs and is eating our lunch". Well, it looks like most of the lunch-eaters will be coming in from further and further away.