With construction costs and interest rates soaring, San Antonio developers are struggling to make the numbers work for their affordable housing projects.
Center City Housing Incentive Policy
A shell company led by local developer Cory Stehr has purchased a property next to the Alamodome that resulted from the Hays Street Bridge dispute.
How San Antonio’s discussion on housing costs has evolved from the Decade of Downtown to the pandemic-era shortage.
Weston Urban plans to complete construction of 300 Main, its 32-story apartment tower on the northeast corner of North Main Avenue and East Travis Street, by spring 2024.
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.
A commercial real estate firm from Miami has purchased the 120 Ninth Street apartment building on the River Walk across from Paramour nightclub.
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.
In the area of housing, it seems likely that the early 2020s will mark another turning point for San Antonio.
The $24 million incentive package that GrayStreet Partners and Midway received last month to redevelop the former Lone Star Brewery tops the list of San Antonio’s most subsidized urban development projects.
In mid-May, The Flats at River North, one of downtown’s largest mixed-use developments, began receiving its first residents.