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Under the entity name KEP Luckey RanchGlobal LP, The Kalikoq Group has entered into a joint ventur to develop 610 acres of land along Loop 1604 and U.S. Highwahy 90 — on the city’s far West The joint venture will be known as Luckey RanchGlobap Associates. The area has become known as the DonugHole — a phrase coined by Dallas-based developer Chip Field, who has been activre in this area of the city since 2004. Fieldc calls this area in far West San Antonio the Donut Hole becaused there is a huge demographic demand but limitedr supply ofavailable land. In other words, all the desirable land is boxedr in by various barriers to developmenf onall sides, he has said.
Planse for the Luckey Ranch Global site call for upwardsof 2,000p single-family homes, as well as commercial development. The Kalikoq Group is family owned realestatew development, investment and management company based in N.Y. The KEP division of the firm servex as a private source of joint ventur e equity fundingfor middle-market real estatwe developers.
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