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.
David Adelman
Fort Worth developer planning to build 342 apartments in east downtown San Antonio
Fort Worth developer Vaquero Ventures received conceptual approval from the Historic and Design Review Commission on Wednesday on its envisioned 342-unit, five-story apartment building at 1220 E. Commerce St. in east downtown.
Hemisfair’s Civic Park construction imminent as planners race to meet 2025 Final Four deadline
After a delay of more than two years, the construction of Hemisfair’s Civic Park is finally imminent, it appears. A groundbreaking ceremony is scheduled for sometime in January after the City Council approved last week a $27.9 million construction contract for Skanska USA Building.
Olivo: How McKee-Rodriguez’s support for a luxury housing project helps shape the Decade of Downtown
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.
Best Western renovation in St. Paul Square signals confidence San Antonio’s hospitality sector will recover
A local investment group is renovating the Best Western on East Commerce Street, adding a speakeasy to its basement, in a show of confidence in San Antonio’s hospitality sector and St. Paul Square.
Adelman negotiating to bring brewery to San Antonio’s Five Points area
The developer has purchased a warehouse near North Colorado and Culebra and is talking with a brewer to occupy the space.
Former Estrada Hardware building in west downtown San Antonio purchased
A group that includes local real estate agent Dix Densley has purchased a historic landmark on the near West Side with plans to renovate it in a way that “will pay homage to the building and its history.”
Houston developer Urban Genesis adding 160 apartments around the St. Mary’s Strip
Urban Genesis plans to begin construction in mid-2022 on the apartments, which will be three to four stories tall.
Lucy’s Bodega offers vegan options at St. Paul Square in east downtown
The all-vegan Lucy’s Bodega has opened at St. Paul Square, 123 Heiman St. The couple also plans to open a Lucy’s Bodega on East Houston near Alamo Plaza.
Developer Adelman buys industrial site north of Lone Star Brewery
Local developer David Adelman and a partner have purchased a four-acre warehouse property directly north of the Lone Star Brewery with plans to build on the momentum of the area’s growth by developing it with a residential use.