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PHOENIX-Opus West’s Hill Country Galleria mall in Bee Cave, TX, has filed for bankruptcy. The mall, which was completed in 2007, was posted for a May 1 foreclosure. Hill Country, at over one-million square feet with just over 300 condos, cost $192 million to build, and the firm owes $160 million in past-due construction loans, according to an Arizona Republic article.

The move comes after Opus West affiliate Opus South filed for bankruptcy late last month. That entity has $324 million in bank loans maturing this year and was hit especially hard by the bottoming out of the condo market in Florida, executives said.

Opus West has built more than 52 million square feet of projects across nearly all commercial real estate property types since launching in 1979.

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