Urban Genesis plans to begin construction in mid-2022 on the apartments, which will be three to four stories tall.
Midtown & Pearl
The 386-unit, market-rate apartments by Dallas developer Encore Multifamily is the first phase of the Broadway East master-planning community across from the Pearl.
The project by Sabot Development will consist of 299 market-rate units, 12,000 square feet of retail and 429 parking spaces.
Members of the Black family, which operate Terry Black’s BBQ in Austin and Dallas, have purchased nearly a full city block on Broadway two blocks north of the Pearl.
The Midtown TIRZ board tabled $4.8 million in incentives for Broadway’s next apartment building because it needed more details on an even larger project it’s being asked to help fund: the burying of overhead power lines on Broadway from Interstate 35 to East Mulberry Avenue.
Velvet Taco, the Dallas-based chain poised to set up in shop in what little remains of hallowed punk-rock haven Taco Land, has announced opening dates for its two San Antonio locations.
The Museum Reach Lofts, a true affordable housing building in the downtown area, welcomed its first residents this week near the Pearl.
Pearl developer Silver Ventures’ latest apartment project received conceptual approval from the Historic and Design Review Commission on Wednesday.
The project would be the fourth major multifamily development by Silver Ventures, and would push the Pearl’s apartment total past 900 units.
Sabot Development of Austin is planning to build a 10-story mixed-use project west of the Pearl across the Museum Reach.