"We're still nine months away from breaking ground," AlanPatton, Morgan's president, tells GlobeSt.com. The plans remain sopreliminary that architectural renderings have yet to be made."We're working very closely with the city to see what's going toget approved," he says.

Austin's permitting process is tough, but Patton says so isSouthern California, and the developer has five projects under itsbelt there. "It takes awhile to get from point A to point B," saysPatton. MGI's first projects in Austin most likely will closelyfollowed by developments in Dallas, another first for the company."We're nosing around," says Patton, adding that MGI has found somesites that have piqued corporate interest.

MGI initially anticipates spending $150 million to $200 millionfor projects in Dallas and Austin. Patton says it will take "two tothree years," but the long-range plan is to do three deals a yearin Austin and two per year in Dallas. "Once we've entered a city,we further define other sites," he says.