Gromax Development, LLC is a multi-faceted organization providing a wide variety of real estate, land development, oil & gas production, and consulting services.
Real Estate Brokerage
Gromax Development has the insight and skill necessary to locate and close strategic and under-valued parcels for investment or development. Operating through subsidiaries of Ardent Commercial as well as Shadow Creek Realty, Gromax Development has brokered dozens of commercial tracts and hundreds of residential lots since 1999. The Gromax Development team can help you find your next success.
Gromax Development has successfully developed nearly 1800 lots in 12 communities in Harris, Galveston, Atascosa, Chambers, and Brazoria counties. An additional 950 lots in seven communities is currently in planning stages. Gromax Development has been successful in identifying underserved areas with strong underlying demand for household growth. We have formed strong alliances with governmental agencies, banking institutions, and home builders to ensure that we can provide a turn key project with positive results.
Gromax Development has developed several commercial properties within Shadow Creek Ranch, as master planned community in Pearland, Texas. All of these projects have provided substantial returns for our investment partners. Mr. Grohmanís partner, Jay Atchley has developed dozens of commercial retail properties in Harris, Chambers, and Brazoria counties and continues to be actively involved in Gromax Developments projects. Through a strategic partnership with a large construction firm, Gromax Development can also quickly deliver cost-effective design-build solutions.
Gromax Development provides a variety of consulting services to both public and private sectors. Development negotiations, economic development, transportation, fiscal impact analysis, strategic planning, comprehensive plans, zoning, platting, and forming special districts such as M.U.D.s (Municipal Utility Districts), and T.I.R.Z.ís (Tax Increment Reinvestment Zones) are a representative sample of areas where we have been previously successful.
Oil States Trading (OST)
Oil states Trading, LLC, (OST) an affiliate of Gromax Development, currently owns interests in over 300 producing oil and gas properties located in seven states. OST has researched and will be exercising an option to purchase a 2.5% working interest in the Fayettevile Shale including 500 producing gas wells and 300,000 acres with up to 4,000 locations to be drilled. OST continues to acquire and consolidate small interests in order to keep pace with increased demands in the market.
Last modified on 1/14/2010 11:47:14 AM