Downtown developer GrayStreet Partners has purchased the parking garage attached to the iconic Tower Life Building from the Zachry family.
Ed Cross
Tower Life Building sold to ownership group led by McCombs family
A group led by the McCombs family has purchased the Tower Life Building, which had been owned by the Zachry family for nearly 80 years.
Rising rents, high occupancies signal ‘Decade of Downtown’ in San Antonio has worked, developers say
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.
Analysis: Weston Urban’s high-rise tower ‘blazes the trail’ for downtown growth
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.