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.
AREA Real Estate
Austin developer gets final approval for 10-story apartment building near Pearl
The project by Sabot Development will consist of 299 market-rate units, 12,000 square feet of retail and 429 parking spaces.
Two bills to reform PFCs, which provide tax breaks to developers, make progress in Legislature
Efforts by state lawmakers to rein in the use of public facility corporations, which provide lucrative tax breaks to developers building mixed-income apartment complexes, have remained under the radar at the Texas Legislature, with battles over voting and gun rights dominating the headlines.
Parklet concept next to Burns building gets approval
A tiny park is slated for Jefferson Street next to the Burns building.
Work begins on Houston Street food hall
GrayStreet Partners, one of the largest holders of downtown real estate, has begun putting a 15,000-square-foot food hall into the ground and mezzanine levels of the former children’s museum on East Houston Street.