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Rezoning allows Pearl to add more apartments, hotel rooms, offices and breweries

September 5, 2018 By Ben Olivo

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Updated 9:01 a.m. Sept. 7 with comment from Silver Ventures Managing Director Bill Shown.

The Pearl is literally expanding right now. Two huge additions — the 10-story Credit Human headquarters on Broadway and the Brewery South apartments on Newell Avenue (the crane above) — are well into construction.

On Tuesday, the Zoning Commission cleared the way for more expansion by rezoning 11 properties south and west of the Pearl, including the old Samuels Glass Co. and Fox Motel sites on Newell Avenue.

The rezoning gives Silver Ventures, the Pearl’s developer, essentially carte blanche to add apartments, a high-rise office building, a hotel, a brewery, outdoor music venues and restaurants on the properties, including four acres on the other side of the San Antonio River.

The types of buildings, construction timeline and other details are still being worked out, Frank Burney, an attorney representing Pearl, said after the meeting.

In 2017, Bill Shown, managing director of real estate for Silver Ventures, told the San Antonio Business Journal that an announcement on “Pearl 2.0” could come late 2018 or early 2019.

In an email to the Heron after this post was published, Shown said there was no timetable for announcing plans.

“As you’ve probably noticed with other parts of Pearl, we are very deliberate in planning and conceptualizing, and move only when we’re convinced that a concept is compelling,” Shown said.

Through letters returned to the city, the Tobin Hill Community Association is in support of the rezoning. In all, the city received 28 letters of support from property owners — five in favor of the tiny Fox Motel rezoning, and 23 in favor of the remaining properties — and none in opposition.

Featured photo by Ben Olivo | San Antonio Heron

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

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Filed Under: Development, Food & Drink, Hotels, Housing, Museum Reach, Office, Pearl, River North

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  1. Pearl developer 'very interested' in affordable housing | San Antonio Heron says:
    September 7, 2018 at 9:00 pm

    […] Previously published Rezoning allows Pearl to add more apartments, hotel rooms, office space and breweries […]

  2. Downtown housing market is steady, but far from the boom of recent years says:
    February 17, 2020 at 2:07 pm

    […] strategy to add at least 1,000 apartments to west downtown, Silver Ventures’ desire to expand the Pearl footprint west of the San Antonio River, and GreyStreet Partners’ ambition to build the multi-use […]

  3. Pearl developer 'very interested' in affordable housing - SAHeron says:
    September 9, 2021 at 4:09 am

    […] In a brief email exchange with the San Antonio Heron, Bill Shown, managing director of Pearl developer Silver Ventures, said his group is "very interested" in building affordable housing as the development expands in the coming years. […]

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