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Cypress Real Estate Advisors

Analysis: Lone Star District tops list of city’s largest incentive packages

June 26, 2021 By Richard Webner

The former Lone Star Brewery is eyed for redevelopment by Midway and GrayStreet Partners. May 23, 2021.

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.

Filed Under: Center City Housing Incentive Policy, City of San Antonio, Development, Housing, Lone Star Tagged With: Agave Apartments, Canopy By Hilton, Carlyle Group, CCHIP, Center City Housing Incentive Policy, City Council, Credit Human, Cypress Real Estate Advisors, DC Partners, Encore Multifamily, Encore SoFlo, GrayStreet Partners, GreyStar, Hotel Emma, Inner City Tax Increment Reinvestment Zone, Inner City TIRZ, Julián Castro, Lone Star Brewery, Lone Star District, Merchants Ice complex, Michelle Vigil, Midway, NRP Group, Pearl, Rivera on Broadway, RK Group, Ron Nirenberg, Silver Ventures, Texas Research and Technology Foundation, The Arts Residences, The Red Berry Estate, Universal Services Group LLC, VelocityTX, Weston Urban

Wyndham River Walk hotel purchased with plans for $50M renovation

June 9, 2021 By Richard Webner

The Wyndham San Antonio River Walk, 111 E. Pecan St., was recently purchased with plans for it to become a luxury InterContinental Hotel.

Two firms from outside Texas have purchased the Wyndham San Antonio River Walk hotel with plans to spend $50 million to turn it into a luxury InterContinental Hotel in early 2023.

Filed Under: Development, Hotels, River Walk, Transactions Tagged With: Aiden Hotel, Andrew Scarlett, Artista Hotel, Best Western, Cypress Real Estate Advisors, Dream Hotel, Harris Bay, Hotel Contessa, InterContinental Hotel, InterContinental Hotels & Resorts, Jordan Scharg, Riverplace, Scarlett Hotel Group, Trailbreak Partners, Weston Centre, Weston Urban, Wheelock Street Capital, Wyndham San Antonio River Walk

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