2nd Quarter In This Issue City Approves $20,000 Economic Incentive Grant
June 2015 City Approves $20,000 Economic Incentive Grant for New Two‑Story Office Building
Live Here Work Here Alan and Beth Stanfield, Stanfield Properties Business News Residential Development
Friendswood Professional Building B Lifestyle Financial Advisors, Inc. Friendswood City Council recently approved a $20,000 economic incentive grant to Lifestyle Financial Advisors, Inc. for the construction of a new twostory, 10,050 square foot office building at 211 W. Edgewood Drive. The modern contemporary building design will be strategically placed between three mature oak trees existing on the property in order to preserve these sixty to eighty year old trees. The new $1.95 million building will be occupied by Lifestyle Financial Advisors, Inc. and employ 12 persons. Since 2008, the City has awarded $160,000 to businesses through the Chapter 380 Municipal Grant Program which, in turn, has created $14.45 million in new taxable value, added 96,310 square feet of commercial space, and created or retained 172 jobs in the city. For more information about economic incentives and commercial development opportunities, contact Karen Capps at 281996 3257.
New 14,000 Square Foot Office Building Breaks Ground
Friendswood Professional Building A Dr. Raj Bhalla is constructing a new onestory 14,000 square foot professional office building at 215 W. Edgewood, adjacent to Lifestyle Financial Advisors. Dr. Bhalla plans to occupy 4,000 square feet and lease the remaining 10,000 square feet in the building.
Live Here Work Here ‑ Featuring Alan and Beth Stanfield, Co‑owners of Stanfield Properties, Friendswood, TX Alan and Beth Stanfield originally founded Stanfield Properties in 1998 as a property management and investment company. They built it into the successful business it is today by offering a full range of residential and commercial sales, leasing, and listing services. Located at 807 S. Friendswood Drive, Stanfield Properties occupies 3,600 square feet and employs seventeen real estate agents. Their downtown office was professionally designed and decorated to make it feel like a home where both real estate agents and clients feel comfortable when collaborating to buy or sell. Alan said, "Between the school district, law enforcement, and hometown atmosphere, we wouldn't have dreamt of opening our office anywhere else." The two met while attending the University of Houston and participating in the UH's Marching Band. After they married, Alan worked as the vice president for Texas Bay Area Credit Union in Pasadena managing real estate loans while Beth worked for First American Title Insurance Company as their associate state sales director. Alan said, "Beth and I know all ends of the real estate spectrum from contracts and loans to closings at the title company. We have worked towards our current jobs our entire lives, I suppose." Real estate runs deep in this family. Alan's aunt and uncle are Joe and Margaret Tramonte, owners of Joe Tramonte Realty in Galveston. Additionally, Alan's grandparents were the owners of many rental properties which is where he spent many days hanging out while repairs were being made for future tenants.
Alan has a passion for real estate which he believes has made Stanfield Properties what it is today. In 2014, the Stanfield Team closed 114 transactions for a total sales volume of $29.5 million. Of those sales, 55 percent were from buyers and 45 percent were from sellers. Last year was an amazing year for Stanfield Properties. This year, they are on track to close 140 transactions for a total sales volume of approximately $36 million. The Stanfields made their first home purchase in Friendswood in 1995 and a re currently enjoying their fourth home here with their three children. The couple continues to lead as well as serve their community. Alan is on the board of the FISD Education Foundation, and Beth leads the women's ministry for the Friendswood Friends Church. Since 1998, Alan and Beth have been members of the Friendswood Chamber of Commerce and have earned many accolades throughout the years such as the prestigious Texas Monthly Magazine's "2014 Five Star Professional Award in Real Estate." Also, Stanfield Properties was recognized as one of the best places to work in 2014 and they were recognized as best realtor for five continuous years by Friendswood/Pearland Journal readers. Alan was awarded with the Houston Association of Realtors NextGen Realty Group's, "Top 20 under 40 Realtors in the Houston Market" in 2011. It is evident that both Alan and Beth commit 110 percent of themselves to make Friendswood a better place.
Stanfield Properties' Downtown Office at 807 S. Friendswood Drive
Business News
New Business Permits: Arbor Vitae, 907 S. Friendswood Dr., #107 Mid America Mortgage, 907 S. Friendswood Dr., #211 Lone Star Mobile Drug Testing, 113 W. Parkwood Ave. Vapor Sense, 3526 FM 528, #100 L Massage, 907 S. Friendswood Dr., #103 Industrial Radio Services, LLC, 208 S. Friendswood Dr., Suite D Minuteman Press, 1602 S. Friendswood Dr. Baskets 2 Impress, 158 S. Friendswood Dr. J. Miles Salon, 607 S. Friendswood Dr. The Modern Gent Barbershop, 1616 S. Friendswood Dr. Industrial Radio Services, LLC., 208 S. Friendswood Dr., Suite C Business relocations/expansions/remodels: Prince Properties, LLC, 105 Hunters Lane, #108 1st Texas Agency Allstate, 105 Hunters Lane, #100 Premier Nationwide Lending, 105 Hunters Lane, #106 Walgreen's, 104 E. Parkwood Ave. Kroger, 151 N. Friendswood Dr.
Residential Development 2015 Singlefamily home building permits Month January February March April May Total
#Homes Valuation (in millions) 11 $4.08 8 $2.50 15 $4.68 13 $6.34 10 $5.31 57 $22.91
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City of Friendswood | 910 S. Friendswood Drive | Friendswood | TX | 77546