← Back to portfolio

League City, TX · Real Estate

The Gulf Coast's most integrated wellness & performance campus.

62 acres. Five zones. One vertically integrated ecosystem — anchored by a committed $64M public P3 sports event center.

62 ac
Gross land
$64M
Committed P3 anchor
$240M
Total program value
120 days
Site-control window

The Program · 62 Acres, Fully Allocated

A campus, not a building.

01
Sports Event Center

128,000 SF, 6.0 acres — regional tournament / event anchor. Already P3-committed.

02
Indoor Hub & Outdoor Fields

100,000 SF indoor + 12 acres outdoor. Daily traffic engine — courts, turf, camps.

03
Clinical & Recovery Core

23,000 SF. Sports medicine, diagnostics, rehab, PT — inherits Dr. Rao's protocols.

04
Performance Core

27,500 SF. Functional training, cold plunge, sauna, hydrotherapy.

05
Hospitality Core

120,000 SF · 120–140 keys + 20 extended-stay units. Sport-branded wellness resort.

06
Community Core

30,000 SF. Co-working, corporate retreats, sponsor activations.

07
Residential

297,500 SF · 350 units. Long-stay athletes, families, staff ecosystem.

08
Modular Delivery

Pre-fab construction (SilliS, Unbak, Prefabex, Dakeeta) compresses schedule 20–30%.

Investment Structure

$85M–$185M phased envelope, modular-built.

A committed $64M public P3 sports event center sits outside the private stack — it is the demand anchor the private program monetizes. Delivered by KHJR ($1.6B AUM; Union Village; Mayo Clinic Destination Medical District adjacency).

$14–37M

Stabilized annual revenue

24–34%

Stabilized EBITDA margin

14–20%

Base-case IRR target

5–8 yrs

Equity payback target

Capital Stack · Phase 1

Debt belongs on real assets. Equity prices the vision.

ScenarioEquitySenior DebtMezz / Preferred
Conservative55%40%5%
Base40%50%10%
Aggressive30%55%15%

The Ask

LP capital into a 120-day window.

Site control expires and the P3 anchor requires committed capital. Structured as a phased RE fund with hospitality, sports and clinical operators pre-committed.