• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Home
    • Editorial Independence Policy
    • Corrections & Clarifications
  • Who we are
  • About us

San Antonio Heron

Telling the complete downtown story

  • Development
  • Housing
  • Neighborhoods
  • Food & Drink

N.C.-based Winston Hotels to purchase Riverview Towers

October 3, 2019 By Ben Olivo 3 Comments

FacebookTweetPrintEmail
The Riverview Towers at 111 Soledad St. is being sold to Winston Hotels of Raleigh, N.C. Taken Oct. 3, 2019. Photo by Ben Olivo | Heron
Riverview Towers at 111 Soledad St. will be converted into a mixed-use building. Photo by Ben Olivo | Heron

North Carolina-based Winston Hotels is in the process of purchasing the Riverview Towers office building at 111 Soledad St., and plans to convert most of the floors into a pair of hotels.

The Historic and Design Review Commission on Wednesday granted final approval for the renovation plans, which include 342 hotel rooms, three floors of office space and a rooftop bar. Winston Hotels is buying the building from S.A.-based Primera Partners.

The deal is likely to close this year, with renovation work beginning in early 2020, said Mathew A. Jalazo, Winston Hotels’ executive vice president of development. The renovation is expected to take two years to complete. Jalazo declined to disclose the sale price, as well as the renovation cost.

The hotel space will take up floors 7-20, and will consist of two Marriott brands—AC Hotel and Element Hotel. The office space will occupy floors 3-6.

The rooftop bar will rest on top of the 13th floor of the shorter structure, which overlooks Commerce Street and Main Plaza. A restaurant, and potentially some retail space, will occupy the first floor as well as the two hotel lobbies. Renderings submitted to the HDRC showed the Subway being moved from its current position facing Soledad to another spot facing Commerce Street.

Current tenants, which includes some city departments, will be moved to their new areas of the building soon after the building is sold. Others will be phased out.

The city of San Antonio, for example, will eventually move its offices currently in Riverview Towers, which includes the human resources department, into the old Frost Tower.

This is Winston Hotels first project in Texas.

“We’ve loved the San Antonio market for a long time and we’ve been trying to find a project to do here,” Jalazo said. “We were lucky enough to find this building that worked very well for what we wanted to do. We think long-term San Antonio is a great outlook as a market. We’re long-term holders.”

Winston Hotels of Raleigh, N.C., plans to purchase the Riverview Towers office building and convert it into a primarily hotel property. Courtesy Campo Architects
COURTESY CAMPO ARCHITECTS
Winston Hotels of Raleigh, N.C., plans to purchase the Riverview Towers office building and convert it into a primarily hotel property. Courtesy Campo Architects
COURTESY CAMPO ARCHITECTS
Winston Hotels of Raleigh, N.C., plans to purchase the Riverview Towers office building and convert it into a primarily hotel property. Courtesy Campo Architects
COURTESY CAMPO ARCHITECTS
Winston Hotels of Raleigh, N.C., plans to purchase the Riverview Towers office building and convert it into a primarily hotel property. Courtesy Campo Architects
COURTESY CAMPO ARCHITECTS
Winston Hotels of Raleigh, N.C., plans to purchase the Riverview Towers office building and convert it into a primarily hotel property. Courtesy Campo Architects
COURTESY CAMPO ARCHITECTS
Winston Hotels of Raleigh, N.C., plans to purchase the Riverview Towers office building and convert it into a primarily hotel property. Courtesy Campo Architects
COURTESY CAMPO ARCHITECTS

Contact Ben Olivo at 210-421-3932 | ben@saheron.com | @rbolivo on Twitter

FacebookTweetPrintEmail

Filed Under: Commerce Street, Development, Hotels, Office

Reader Interactions

Comments

  1. Chuck says

    October 3, 2019 at 10:53 am

    I hope they finally install sprinklers. Has the Wolfson fire been forgotten so soon? Maybe the COSA will defer to the developers. They usually do.

    Reply

Trackbacks

  1. Mexican Manhattan Restaurant, downtown San Antonio staple for 62 years, permanently closed - San Antonio Heron says:
    October 26, 2020 at 6:52 am

    […] Soledad, the renovation of the Riverview Towers office building into a hotel has closed some on the lanes on Soledad and West Commerce. So has construction related to the Witte […]

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Primary Sidebar

Share

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

Deep Dives

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

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

The Lofts at River North are under construction at Broadway and Jones Avenue in July.

Analysis: It’s time to call BS on ‘workforce housing’

Copyright © 2023 San Antonio Heron · Site maintained by hmt3design.com

Share this ArticleLike this article? Email it to a friend!

Email sent!