Khoury's Stonegate Apartments

Everyone can benefit from these apartments. And they are for rent only, as far as I know. Usually condominiums are for sale and apartments are for rent, sorry that particular distinction in terminology only happens in the U.S as far as I've ever noticed. As to the rest of your question, I'd say stop by there and have a look since they finished building them some time back. They are just the kind of apartment that you would expect in a City like San Antonio, Houston or Austin and not the small town "oh heck that's good enough" crud that we all seem to be cursed with here.

Whirlwind, can you reply to posts instead of starting new threads. Smoke is coming out of my ears trying to follow your wonderful posts.

At the bottom of every post, there is a link called "reply." If you use that link to reply, your missive will be attached to the post to which you are referring.

Thanks,

Joe

Actually whirlwind, Nick was asked about the SE Ranch and his timing for his apartments. If I remember correctly he stated that the Stone Gate apartments had been in the works for some 12 to 18 months before David Earl even began the ground work on the SE Ranch deal. Now as to whether or not the sudden wealth of housing that would have been available would have had an impact on filling the apartments? Well I can't answer that one, not sure if anyone can, but usually most of those in apartments are there to stay and homeowners hate apartments and stay in them for only as long as it takes to find a home to purchase.

As to traffic patterns, Well, Kings Way as you know has been redone for most of it's length and is a straight shot to HWY 90 from there for any Air Force people who may move in. It's also a pretty straight shot to the High School and there is of course the School right behind it. I just wish I had the money to by the old GIDIBUFR gas stop on that corner. With these apartments going up, it will become a viable location again.

Hey "whirlwind" did you know that if you click on the reply on the lower left corner of any given text box you can reply directly to it. That way your response won't post at the top as if it were a seperate item instead of a continuation of a discussion. If you already knew this, then sorry.

Howdy Whirlwind,

It's been a while since I have actually sat down and looked in on LIVE! That’s why it took me a few days to read your questions. (I was not ignoring your post)

I don't know how much I can add to what's already been said by others, but let me simply add the following;

Prior to buying Ram Country in 1997, I had never been here, in fact for the first several months of operating the dealership I was commuting from San Antonio, Del Rio truly grew on me in a very positive way and when I got married in 1998 I gave my wife the choice to move, after long discussions we both concluded that we absolutely enjoy this town, its people, the friends we have here, the quite life style and most importantly the lack of traffic and congestion that big cities have, thus, we decided to build our dream house and call Del Rio home for years to come.

As to Stonegate, as I began to liquidate my holdings in San Antonio, El Paso, Lubbock and other cities, I decided to re-invest the money where it could benefit Del Rio as well as yield me a decent return, so I began my dealership expansion and acquisition of the Jeep, Scion, and Hyundai dealerships to bring more choice to the local buyer, and when the expansion was complete I started studying the down town area as well as the need for apartments and made a decision to do what I felt was a good thing for the community, and that is how we got to this point.

As to the timing, I assure you that my projects had been long underway in the design stage before I had ever heard about SE Ranch.

Finally let me say that my living here in Del Rio is by choice, my family's happiness here in Del Rio is by Choice and I will continue to be a part of this community’s positive growth in every way I can.

Should you ever have additional questions or comments I invite you to either call me at 775 7575 or simply come by to the dealership and I will discuss any issue you like.

Well "Whirlwind" as to the house, yeah I refer to it as the Khoury Mansion and it will definitely be a stop on the tour of Del Rio LOL, and yes an apt description of it would be "it's freaking huge". As for why Mr. Khoury is in town the old Toyota dealership was in trouble "of a sort" and Mr. Khoury was looking to buy a dealership. That's why he is physically here. As to his altruism? All I can tell you about that is that I know him personally and I consider him to be a good man, so to me given the wherewithal "which he obviously has", altruism would fall right in line with the type of person that he is. To me simply being a transplant does not preclude one from growing to love, truly caring for and investing in a given community.

Try not to picture your typical Del Rio "half assed" apartment complex when you visualize the Stone Gate appts. What is up so far doesn't look to bad although nothing is finished as of yet. And I understand that it will be well lit, well cared for and nice looking. And to me it looks a lot better than the previous wide open view of the backyards of "some" of the neighboring packrats and the trash laden empty lot. We have needed "higher end" apartments in this town for some time. I'm wondering if a lot of the negativity towards the Stone Gate appts, is because the typical appt complex here is a haven for all the bad things that our town has to offer and people are simply assuming "based upon experience" that the same thing will now happen right in their own back yards.

I would like to repeat a question that I put in my little rant of "why Eagle Pass got it and Del Rio didn't". The question is; why do people in Del Rio, attack that which they don't understand. Oh they question it but only amongst themselves and never the actual source, so the rumors take on a life of their own. You even said it yourself "Whirlwind", "Why do we always suspect the negative? Why are we automatically suspicious of folks with money?". Given that you stated that you have "been absent" from Del Rio at least you asked the question, while those that are here just gripe and complain. I have never seen nor have I heard of Nick turning away someone from asking him a question. I actually feel for him because no matter what he does, people question it. Why can't they take it for face value, and trust just for once, that unlike some in Del Rio, not everyone is a crook who is in it for self serving purposes.

Mr. Khoury is in the Del Rio for the same reason that must of us chose this place to live; a nice, friendly city, where a family can be safely raised. He is an enterpreneur that has invested in the City and prospered, as anyone would expect to do after carefull planing. He has generated jobs and beautified areas (like downtown) with his investments. He should be praised instead of planting improper questions in the minds of the readers.

Whirlwind Mr. Khoury has an open door policy why not go by and visit. Openly, and probably silently, he has complimented our area and will probably continue to do so.

As to the shack on our end of town – when someone builds something of this magnitude it’s a strong indication they plan to stay rooted for generations and is probably the reason he gives so much to the community.

I love Krispy Creme. And you? Let's see... kill a job creating SE Ranch because it is low income housing far away up on some hill east of town. Then get a HUD loan to build your own version of SE Ranch, low income HUD housing and all, next to my $178,000 home. I guess they were looking out for the poor folks on that one. The original SE Ranch was too far away from town. Gas prices are rising. They did the poor a favor and saved them money. Now they can walk to the liquor store and use the savings to buy another Corolla for mom. Do you catch my drift????

Ron Burton has been bought the same way as so many others. He started analyzing and critizising business ventures (very rudimentary by the way) and presenting his results to City Council. WHY didn't he analyse the huge profit to be made by the Stonegate apartments? Could it be that he is paying back for his position in the committee? Dog does not eat dog!

If you don't like Del Rio, move. Where do you work? These people provide jobs to the City of Del Rio. I guess if you had millions you would keep it to yourself and not open business after business to employee people and give them the where-with-all to buy a car, a home or dine out. Look in about any town or city and you will find there are only a few who do most all of the investing and contributing. They take risks, you don't and still expect everything.