Robert “Dick” Tips, owner of Mission Park Funeral Chapels and Cemeteries, is pursuing the development of a mid-rise apartment and condo building near the Broadway corridor.
Center City Housing Incentive Policy
Plans for Weston Urban’s proposed 32-story apartment tower describe a skydeck close to the top of the building, and three retail spaces on the ground floor.
The local developer’s proposed 32-story tower will be the tallest residential building downtown by a long shot, bringing a style of high-rise urban living that most major cities can offer, but San Antonio cannot.
A large mixed-use development in the Lone Star neighborhood received a key incentive on Monday from Bexar County commissioners—a 10-year, 40-percent tax abatement on county property taxes worth an estimated $648,075.
Look at a project like 120 Ninth Street, which has received $3.9 million in incentives, and where rents start at $1,300, and you start to wonder.