Alvarez Construction is developing a new office complex on one of two remaining commercial tracts in Jamestown, a 108-acre planned unit development located on Perkins Road between Siegen and Pecue lanes. The four-building complex will be developed on a two-acre tract on the Pecue Extension, adjacent to the east entrance of Jamestown and across from the Entergy building.
The buildings will range from 8,000 to 12,000 square feet in size. Alvarez Construction will relocate its offices to one of the four buildings. Letters of intent have been signed for the other three, though leases have not been finalized.
“We always wanted Jamestown to be the home of the Alvarez Construction offices,” says Alvarez vice president Sebastian Alvarez. “We just never knew what tract it would be. This is the one we finally decided to call home.”
Construction on the office buildings should begin within the next three months, and Alvarez hopes it will be complete by next fall. Since March, Alvarez Construction has been operating out of temporary offices on YMCA Plaza, where it relocated after selling its office building at 12036 Coursey Blvd. to the Farm Bureau.
The Alvarez family began developing Jamestown in the mid-2000s. Today its three residential phases—The Lakes at Jamestown, the Villas at Jamestown and Jamestown Square—are completely built out. One two-acre commercial tract remains undeveloped.
—Stephanie Riegel
