Duke will start with 180,000 sf of the 800,000-sf officecomponent to get the development moving at the northwest corner ofInterstate 635 and Belt Line Road. The three-story Point West Iwill deliver in February 2008.

Duke bought the former Lesley Farm inlate September 2006, getting "one of the best pieces of propertywe've ever bought," says Jeff Turner, senior vice president of theIndianapolis-based company. The site has more than one mile ofinterstate frontage. "The location sells itself," he adds. "TheCity of Coppell helps to sell it. Everyone is working together inthat. We're real fortunate to own it."

If the construction schedule holds true, walls will be going upin late summer on Point West I, a spec project that closelyresembles the developer's Frisco Bridges andcreates a middle-of-the-road product for the Freeport submarket."We try to develop a value office, almost a hybrid, to be nicerthan most value office and just a little shy of class A as a goodmiddle ground for tenants," Turner tells GlobeSt.com. "We believeand are confident that we are hitting that submarket at the righttime."