There is roughly 91% occupancy for the 17 downtown apartment buildings built in the last decade and that are more than a year old—4,061 units—based on a survey the Heron conducted in January.
With six downtown incentive agreements in the last two years, and an occupancy around 91%, experts say downtown’s housing market is chugging along, but not booming like it did in recent years.
Heritage Plaza, a five- to six-story, 343-unit apartment development under construction a block south of the Bexar County Courthouse, is scheduled to open in May.
The 17-story, octagonal luxury apartment tower Floodgate is being planned for 143 E. Commerce St., next to Esquire Tavern.
If built, the eight-story project will add 251 apartments and some retail to the southeast corner of South St. Mary’s and East Nueva streets.
Jefferson Bank headquarters update: Still Golden Social House to remain on East Grayson Street, after new building is completed in 2022.
Dream Hotel Group has announced plans to build a 25-story, mixed-used development on the River Walk by 2023.
In just two weeks, the debate over whether San Antonio needs a tenants’-rights commission seems to have already reached a boiling point.
Buy some food and drink at The Cherrity Bar in February, and support the Heron in the process.
In west downtown, especially on West Commerce Street, multiple parties are converging to create what should become San Antonio’s next culinary destination.