Sutton Co. of Austin plans to convert the 1929 newspaper building into a boutique hotel with multifamily housing, retail and perhaps even a music venue.
Houston developer Urban Genesis buys more land on North St. Mary’s in San Antonio
Houston multifamily developer Urban Genesis is tightening its hold on North St. Mary’s Street with the purchase of a 0.6-acre vacant lot, down the street from the San Antonio Museum of Art, where it plans to build apartments.
Mayor Nirenberg, City Council signal support for revised Zachry-Hemisfair lease
Mayor Ron Nirenberg and the City Council gave enthusiastic support on Wednesday to the city’s proposal to rewrite a five-year-old agreement with Zachry Hospitality regarding its plan to develop the northwest corner of Hemisfair, a long-delayed project.
Zachry’s failure to make Hemisfair rent payments prompts new lease agreement
Years behind schedule, the construction of Hemisfair’s Civic Park has been delayed in part by Zachry Hospitality’s inability to start construction of its multi-use development.
Lone Star Brewery project uncertain as GrayStreet-Midway offers 32-acre property for sale
The $596 million Lone Star Brewery project, which local developer GrayStreet Partners and Houston mega-developer Midway unveiled last year to great excitement, now faces an uncertain future.
Weston Urban expected to buy Koehler House to serve as hotel, restaurant
Developer Weston Urban is reaching beyond downtown as it prepares to buy the historic Koehler House from the Alamo Colleges District.
Rising rents, high occupancies signal ‘Decade of Downtown’ in San Antonio has worked, developers say
The downtown San Antonio apartment market, which city leaders went to such great effort to grow, has matured to a point where it is drawing major attention from out-of-town investors.
Staybridge Suites purchase expands local partnership’s St. Paul Square control
Over the last five years, the partnership of developer David Adelman, and real estate executives Michael Jersin and Don Thomas of CBRE, have come to dominate St. Paul Square.
GrayStreet Partners’ big dream for Houston Street that never materialized
In 2015, GrayStreet Partners announced it had purchased several iconic buildings on East Houston Street, and spoke of the corridor’s rebirth. Nearly seven years later, the local developer has been selling off its assets as it shifts focus, and capital, to other projects.
Fort Worth-area developer buys Villita Street properties where twin high-rises were envisioned
Newstream Capital, from a northern suburb of Fort Worth, bought two properties on Villita Street, across from the Tower Life Building. The firm is still deciding what to build on them.