Construction Today - July 2016 - 170

Residential | BOHANNON DEVELOPMENT CORP.

Bohannon Development is vertically
integrated, combining development,
contracting and property management.

«

The Right Place
BOHANNON BUILDS DEVELOPMENTS THAT ARE JUST RIGHT FOR THEIR RESIDENTS. BY CHRIS PETERSEN

T

om Bohannon was a young
partner with a Florida-based real
estate developer who was tasked
with moving the firm into new
territories. When he first set foot in El Paso,
Texas, in 1977, he soon came to realize
what a special opportunity the city and
surrounding area represented to a young
and ambitious person like himself. The
relatively inexpensive property in the
area and the enormous growth potential
appeared to be the right mix for someone
looking to go into business for himself, and
that's exactly what Bohannon did with the
creation of Bohannon Development Corp
in 1980.
"It was a city that was less intimidating
than most for a young guy without a lot of
capital to build a company," Bohannon says.

170

CONSTRUCTION-TODAY.COM JULY 2016

Bohannon Development Corp.
www.bohannondevelopment.com
* Headquarters: El Paso, Texas
* Employees: 50
* Specia y: Real estate development,
general contracting and property
management

"We have a great team of people
at have been wi me for a
long time."
- Tom Bohannon, president/CEO

"It wasn't a market that had a lot of institutional buyers or real estate investment
trusts competing for all the land, and I was
very fortunate to have Mickey Schwartz, a
partner in El Paso's largest land developer,

take an interest in my future and provide
great advice and encouragement. Over
time we have made many great friends and
business contacts here."
Through Bohannon's foresight and
business savvy, Bohannon Development has
grown into one of the most successful developers in the El Paso area. Today, Bohannon
Development is a vertically integrated firm
that combines development, general contracting and property management under
one roof to develop, build and manage some
of the most desirable residential properties
in El Paso and throughout the West.
Across its portfolio, whether the company
owns the property or builds for others, the
hallmarks of Bohannon Development have
been experience, quality and understanding residents' needs. As the company looks


http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - July 2016

Contents
Construction Today - July 2016 - Cover1
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