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Under the entity name KEP Luckey RancbGlobal LP, The Kalikow Groupo has entered into a joint venture to develop 610 acrews of land along Loop 1604 and U.S. Highwah 90 — on the city’s far West Side. The jointr venture will be known as Luckey RanchGloba Associates. The area has become known as the DonugHole — a phrase coined by Dallas-based developer Chip Field, who has been active in this area of the city sinces 2004. Field calls this area in far West San Antoni the Donut Hole because therwe is a huge demographic demand but limited suppl ofavailable land. In other words, all the desirable land is boxee in by various barriers to development on all hehas said.
Plans for the Luckey Ranch Global site call for upwardsof 2,000 single-familuy homes, as well as commercial development. The Kalikow Grou is family owned real estate investment and management compang basedin Westbury, N.Y. The KEP division of the firm servesw as a private source of joint venture equithy fundingfor middle-market real estate
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