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Midtown & Pearl

Houston developer Urban Genesis buys more land on North St. Mary’s in San Antonio

March 25, 2022 By Richard Webner 58 Comments

Houston developer Urban Genesis has purchased this property on the northeast corner of North St. Mary's and Camden streets with plans to build apartments. March 25, 2022.

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.

Filed Under: Development, Housing, Midtown & Pearl, North St. Mary's, St. Mary's Street, Tobin Hill, Transactions Tagged With: Armadillo Boulders, David Adelman, El Nogal Mexican Restaurant, Elsewhere Garden Bar & Kitchen, Man Overboard Brewing Company, Matt Shafiezadeh, Midtown Station, Ming’s, Museum Reach, North St. Mary’s, Pearl, San Antonio Museum of Art, San Antonio River, Shiro Japanese Bistro, St. Mary's Strip, The Lonesome Rose, Tobin Hill, Tre Trattoria, Urban Genesis

Tax subsidy sometimes used for affordable housing redirected to Broadway attractions north of downtown San Antonio

February 23, 2022 By Ben Olivo 1 Comment

The San Antonio Zoo is considering several improvement projects totaling around $50 million including a gorilla enclosure, renovations to existing buildings and a completely new front gate.

A financial tool used to help fund affordable housing was recently repurposed for the San Antonio Zoo, the Witte Museum, Garden and Brackenridge Park, a move that has some nonprofit developers scratching their heads.

Filed Under: 2022-2027 bond, Broadway, City of San Antonio, Development, Housing, How Things Work, Midtown & Pearl, Museum Reach, Property Values, River North, San Antonio Zoo, Tobin Hill Tagged With: 2022-2027 bond, Alamo Community Group, Brackenridge Park, Broadway, Brooks City-Base TIRZ, ButterKrust Bakery, Cattleman Square Lofts, Cellars at the Pearl, City Council, City of San Antonio, Encore Multifamily, Erik Walsh, Government Hill, GrayStreet Partners, Houston Street TIRZ, Inner City TIRZ, Jennifer Gonzalez, Jones & Rio, Lone Star Brewery, Lori Houston, Mario Bravo, Maverick Dog Park, Midtown TIRZ, Midway, Museum Reach, Museum Reach Lofts, Pearl, Prospera Housing Community Services, Ryan M. Sweeney, SA: Ready to Work, San Antonio Botanical Garden, San Antonio Light, San Antonio Museum of Art, San Antonio Zoo, San Pedro Springs Park, Strategic Housing Implementation Plan, Sunken Garden Theater, Tim Morrow, Vista Verde Apartments, Westside TIRZ, Witte Museum

Rising rents, high occupancies signal ‘Decade of Downtown’ in San Antonio has worked, developers say

February 4, 2022 By Richard Webner 89 Comments

San Antonio Downtown drone shot.

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.

Filed Under: Center City Housing Incentive Policy, City of San Antonio, Deep Dive, Development, Housing, Midtown & Pearl, Sidebar Deep Dive, Southtown Tagged With: 120 Ninth Street, Alamo Manhattan, Augusta Flats, Austin Investor Interests, Blackstone, Brad Miller, Brady Tower, Broadway, Broadway East, Cadillac Lofts, Canopy By Hilton, CCHIP, Cellars at Pearl, Center City Housing Incentive Policy, City Council, Constellation Group, Covid-19, Crockett Urban Ventures, David Adelman, Decade of Downtown, Ed Cross, Encore Multifamily, Encore SoFlo, Flats at River North, Franklin Templeton Investments, Government Hill, GrayStreet Partners, Hemisfair, HemisFair Park PFC, HemisView Village, Heritage Plaza, Inspire Downtown, Institutional Property Advisors, Jeremy Jessop, JJ Real Co., Jones & Rio, Jones and Rio, Julián Castro, Midway, Mission Escondida, Mission Reach, Mission Trails, Museum Reach, Patrick Shearer, Pearl, River Walk, Rivera on Broadway, Ron Nirenberg, San Antonio Housing Trust PFC, San Antonio River, San Pedro Creek Culture Park, SC Bodner Company, Southline, Southtown, Southtown Flats, Stillwater Capital, Strategic Housing Implementation Plan, Strategic Property Investment, The '68, The Agave, The Baldwin, The Floodgate, Towers at the Majestic, University of Texas at San Antonio, Vistana, West Oaks, Weston Urban, White Conlee

Olivo: How McKee-Rodriguez’s support for a luxury housing project helps shape the Decade of Downtown

December 2, 2021 By Ben Olivo 77 Comments

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.

Filed Under: Broadway East, Center City Housing Incentive Policy, City of San Antonio, Development, East Side, Government Hill, Housing, Lone Star, Midtown & Pearl, Neighborhoods, Pearl Tagged With: 1800 Broadway, Alazán-Apache Courts, Ana Sandoval, AREA Real Estate, Bexar County, Broadway, Broadway corridor, CCHIP, Center City Housing Incentive Program, City Council, City of San Antonio, Criterion, David Adelman, Decade of Downtown, East Side, Encore Multifamily, Encore SoFlo, Esperanza Peace & Justice Center, Fulcrum Development, Government Hill, Government Hill Alliance, GrayStreet Partners, HDRC, Historic and Design Review Commission, Hixon Properties, Ian Benavidez, Inner City Development Incentive Program, Inner City TIRZ, Inspire Downtown, Jake Jopling, Jalen McKee-Rodriguez, Jefferson Bank, Julián Castro, Lone Star Brewery, Lynd Company, Mario Bravo, Michael Amezquita, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Museum Reach, OHT Partners, Pearl, Sabot Development, SAISD, San Antonio Housing Authority, San Antonio Independent School District, San Antonio River, Shirley Gonzales, Southtown, Teri Castillo, Texas Organizing Project, Universal Services Group, Vistana

Pearl set to expand across river, into Samuels Glass building after commission approvals

November 4, 2021 By Richard Webner 2 Comments

The Samuel Glass Co. building at 221 Newell Ave. is slated to be renovated into the Market at Pearl.

The Pearl is poised to undergo its greatest expansion in years after the city’s Historic and Design Review Commission approved three projects at its Wednesday meeting.

Filed Under: Architecture, Development, Historic and Design Review Commission, Historic Preservation, Midtown & Pearl, Museum Reach, Pearl, Restaurants, River North, River Walk, Tobin Hill Tagged With: Cellars at Pearl, Clayton Korte, Elmira Apartments, HDRC, Historic and Design Review Commission, Market at Pearl, Newell Avenue, Pearl, Pearl Stable, Samuels Glass Co. building, San Antonio River, Silver Ventures, Southline Residences, Stephen Williams

Houston developer Urban Genesis adding 160 apartments around the St. Mary’s Strip

September 15, 2021 By Richard Webner 45 Comments

This property on the 300 block of West Grayson Street was recently purchased by Houston developer Urban Genesis.

Urban Genesis plans to begin construction in mid-2022 on the apartments, which will be three to four stories tall.

Filed Under: Development, Housing, Midtown & Pearl, St. Mary's Street, Tobin Hill, Transactions Tagged With: ACI, Alternative Clubs Inc., Cervecería Chapultepec, David Adelman, Historic and Design Review Commission, HRDC, Lonesome Rose, Matt Shafiezadeh, Midtown Station, Pearl, Sabot Development, SAHA, San Antonio Housing Authority, Sojo Commons, SOJO Urban Development, St. Mary's Strip, Steve Yndo, The Shops at La Cantera, Tobin Hill, Urban Genesis

Midtown TIRZ board approves up to $7M for Encore apartments north of downtown San Antonio

August 31, 2021 By Richard Webner 56 Comments

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.

Filed Under: Broadway, Development, Government Hill, Housing, Midtown & Pearl Tagged With: 210 Josephine Apartments, Amy Dunaway, Broadway East, CCDO, CCHIP, Center City Development and Operations, Center City Housing Incentive Policy, Encore Multifamily, Encore SoFlo, Fulcrum Development, Government Hill, Ian Benavidez, Jake Jopling, James Griffin, Lynd, Lynd Co., Lynn Knapik, Michelle Vigil, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Neighborhood and Housing Services, NHSD, rayStreet Partners, Ron Nirenberg

Austin developer gets final approval for 10-story apartment building near Pearl

August 15, 2021 By Ben Olivo 62 Comments

A 10-story mixed-use project by Sabot Development of Austin is planned for 322 E. Euclid Ave. near the Pearl.

The project by Sabot Development will consist of 299 market-rate units, 12,000 square feet of retail and 429 parking spaces.

Filed Under: Development, Housing, Midtown & Pearl, Museum Reach, San Antonio River Tagged With: AREA Real Estate, Borden Creamery, Embry Partners, HDRC, Historic and Design Review Commission, Jim Young, Julián Castro, Lynd Co., Mira, Museum Reacm, Pearl, Sabot Development, SAHA, San Antonio Housing Authority, San Antonio River, Silver Ventures

Terry Black’s BBQ owners buy land on Broadway for mixed-use development

July 20, 2021 By Richard Webner 4 Comments

This property at 2110 Broadway was recently purchased by the owners of Terry Black's BBQ.

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.

Filed Under: Broadway, Development, Midtown & Pearl, Transactions Tagged With: 2m Smokehouse, 4M Broadway, Bancorpsouth, Black's Barbecue, Edgar Black, Kreuz Market, Lockhart, Mark Black, Pearl, Pinkerton's Barbecue, Schmidt Family Barbecue, Smitty's Market, Terry Black's BBQ

Midtown TIRZ board delays $4.8M incentive package for Broadway East apartments

July 14, 2021 By Ben Olivo 2 Comments

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.

Filed Under: Broadway, City of San Antonio, Development, Government Hill, Housing, Midtown & Pearl Tagged With: Amy Dunaway, Borden Park, Broadway, Broadway East, Christina Ramirez, David McBeth, Embrey Partners, Encore, Encore Multifamily, GrayStreet Partners, Lone Star Brewery, Lone Star District, Marise McDermott, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Midway, Pearl, Suzanne Scott, Travis James, TXP

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Deep Dives

How municipal bonds work, and a brief history of them in San Antonio

San Antonio Downtown drone shot.

Rising rents, high occupancies signal ‘Decade of Downtown’ in San Antonio has worked, developers say

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