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Southside Bank Provides $36.8M Construction Loan for Mixed-Use Project in College Station

Stratus Properties Inc. broke ground on the first two phases of Jones Crossing in College Station this week.

Stratus Properties Inc. broke ground on the first two phases of Jones Crossing in College Station this week.

COLLEGE STATION, TEXAS — Southside Bank has provided a $36.8 million loan to Stratus Properties Inc. for the construction of Jones Crossing, a 258,000-square-foot mixed-use property in College Station. The project will be anchored by a 106,000-square-foot H-E-B store and will include 47,250 square feet of village-style retail space, eight pad sites, up to 600 multifamily units and a 120-room hotel. Stratus began construction on Jones Crossing’s first two phases this week. Loan terms were not disclosed.

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