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Broadway East

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

February 4, 2022 By Richard Webner

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, 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

GrayStreet Partners’ big dream for Houston Street that never materialized

January 20, 2022 By Richard Webner

The 300 block of East Houston Street includes the Vogue, Grant and Kress buildings.

In 2015, GrayStreet Partners announced it had purchased several iconic buildings on East Houston Street, and spoke of the corridor’s rebirth. Nearly seven years later, the local developer has been selling off its assets as it shifts focus, and capital, to other projects.

Filed Under: City of San Antonio, Historic Preservation, Houston Street, Office, Retail, Sidebar Deep Dive, Streets & Sidewalks, Tech District, Transactions Tagged With: Adam Neumann, Bohanan’s Prime Steaks and Seafood, Broadway East, CBRE, City of San Antonio, David Adelman, David and José Cáceres, Decade of Downtown, East Houston Street, Federal Realty Investment Trust, Frost Bank, Frost Bros., Frost Tower, Fulcrum Development, Geekdom, Graham Weston, GrayStreet Partners, Houston Street, Houston Street TIRZ, Ivy Taylor, Julián Castro, Kevin Covey, Kress building, La Panadería, Lone Star Brewery, Maryland, Mercado Roma, Mixtli, Neisner's, Nick Longo, Peter French, Pharm Table, Presa Street Bridge, River Walk, Rockville, Scott Herbold, Texas de Brazil, Travis Park Plaza, Vogue building, W Hotel, Walgreens building, West Houston Street, Weston Urban, WeWork, Wolff & Marx

Encore development gets tax incentive after gaining McKee-Rodriguez’s reluctant support

November 18, 2021 By Richard Webner

Construction work continues on Oct. 6 on Encore Multifamily's 386-unit apartment building that consumes most of the land bound by North Alamo, East Grayson, Austin, and West Carson streets.

An up-to-$7 million incentive package for a high-end apartment complex in Government Hill won unanimous approval from City Council on Thursday after a change of heart from District 2 Councilman Jalen McKee-Rodriguez.

Filed Under: Broadway, Broadway East, City of San Antonio, Development, Government Hill, Housing, Neighborhoods Tagged With: Ana Sandoval, Broadway East, City Council, Clayton Perry, Decade of Downtown, Encore Multifamily, Fulcrum Development, Government Hill, GrayStreet Partners, Jalen McKee-Rodriguez, John Courage, Manny Pelaez, Mario Bravo, Melissa Cabello Havrda, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Planning and Community Development Committee

Dallas developer struggles to gain City Council support for Broadway East project in Government Hill

October 22, 2021 By Richard Webner

Construction work continues on Oct. 6 on Encore Multifamily's 386-unit apartment building that consumes most of the land bound by North Alamo, East Grayson, Austin, and West Carson streets.

District 2 Councilman Jalen McKee-Rodriguez is opposing an up-to-$7 million incentive package for a development east of the Pearl by Encore Multifamily of Dallas because it’s composed of all market-rate apartments.

Filed Under: Broadway, Broadway East, Building Explorer, City of San Antonio, Development, Government Hill, Housing Tagged With: Adriana Rocha Garcia, Amy Dunaway, Broadway East, Encore Multifamily, Fulcrum Development, Government Hill, GrayStreet Partners, Jalen McKee-Rodriguez, Mario Bravo, Midtown, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Neighborhood and Housing Services Department, NHSD, Pearl

Development profile: Encore Multifamily’s Broadway East project

October 7, 2021 By Heron Staff

Construction work continues on Oct. 6 on Encore Multifamily's 386-unit apartment building that consumes most of the land bound by North Alamo, East Grayson, Austin, and West Carson streets.

Construction works has begun on the first phase of Broadway East, a $90 million, 386-unit market-rate apartment complex by Dallas firm Encore Multifamily that’s one block east of Broadway near the Pearl.

Filed Under: Broadway, Broadway East, Building Explorer, City of San Antonio, Development, Government Hill, Housing Tagged With: Broadway East, City of San Antonio, Encore Multifamily, Fulcrum Development, Government Hill, GrayStreet Partners, Midtown TIRZ, Pearl

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

August 31, 2021 By Richard Webner

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

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

July 14, 2021 By Ben Olivo

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

Pandemic derails GrayStreet Partner’s plans for Broadway East, delays W Hotel

February 7, 2021 By Richard Webner

This commercial building on Broadway across from the Pearl was to be part of GrayStreet Partners' Broadway East development.

GrayStreet’s Broadway East urban community derailed. W Hotel on hold. The Light building rehab lags behind schedule. That’s just GrayStreet’s projects on Broadway. The Covid pandemic has stymied many of the local developer’s downtown projects.

Filed Under: Broadway, Development, East Side, Government Hill, Historic Preservation, Housing, Office Tagged With: Amy Dunaway, Andrew Sarofim, Antonia Infante, Broadway East, CCJ Capital High Quality CRE Asset Fund I, Cindy Tower, Credit Human, Encore, Encore Multifamily, Entrada Partners, Ford, Freestone Commercial Real Estate, Government Hill, GrayStreet Partners, Kevin Covey, Kress building, Larry Sloan, Lone Star Brewery, McDonald Development Group, Midway, Ovation Partners, Pearl, Peter French, Powell & Carson, Ryan Harrison, SAISD, San Antonio Express-News, San Antonio Independent School District, Silver Ventures, Todd Mernin, Transwestern, Travis Park Plaza, Vantage Bank Texas, Vogue building, W Hotel, Walgreens building, WeWork, Yesenia Marili

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