Chris Webber Venturing into Commercial Development
Sacramento Kings star Chris Webber is venturing into commercial development.
Friday, October 1, 2004
Following the lead of former NBA stars Earvin "Magic" Johnson and Kevin Johnson, Webber figures to unveil Sacramento area projects soon. His recently founded Maktub LLC broke ground in mid-September in Chicago on its first project, four luxury condominiums of about twenty two hundred square feet each. Local projects Webber has kicked around, say real estate sources, include a fifty acre entertainment, retail and office complex near Arco Arena. And he could pursue projects in Placer County. Webber, who is heading into his fourth year of a seven year, one hundred twenty two point seven million dollar contract, founded his company this year.For the Business Journal, this is Mark Larson