Let’s make one thing clear, the Decade of Downtown in San Antonio is alive and well. It hasn’t expired. And it will continue as long as there are city policies designed to incentivize the production of market-rate housing in the downtown area.
An up-to-$7 million incentive package for a high-end apartment complex in Government Hill won unanimous approval from City Council on Thursday after a change of heart from District 2 Councilman Jalen McKee-Rodriguez.
District 2 Councilman Jalen McKee-Rodriguez is opposing an up-to-$7 million incentive package for a development east of the Pearl by Encore Multifamily of Dallas because it’s composed of all market-rate apartments.
Construction works has begun on the first phase of Broadway East, a $90 million, 386-unit market-rate apartment complex by Dallas firm Encore Multifamily that’s one block east of Broadway near the Pearl.