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San Antonio Heron

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Fulcrum Development

GrayStreet Partners’ big dream for Houston Street that never materialized

January 20, 2022 By Richard Webner 55 Comments

The 300 block of East Houston Street includes the Vogue, Grant and Kress buildings.

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.

Filed Under: City of San Antonio, Historic Preservation, Houston Street, Office, Retail, Streets & Sidewalks, Tech District, Transactions Tagged With: Adam Neumann, Bohanan’s Prime Steaks and Seafood, Broadway East, CBRE, City of San Antonio, David Adelman, David and José Cáceres, Decade of Downtown, East Houston Street, Federal Realty Investment Trust, Frost Bank, Frost Bros., Frost Tower, Fulcrum Development, Geekdom, Graham Weston, GrayStreet Partners, Houston Street, Houston Street TIRZ, Ivy Taylor, Julián Castro, Kevin Covey, Kress building, La Panadería, Lone Star Brewery, Maryland, Mercado Roma, Mixtli, Neisner's, Nick Longo, Peter French, Pharm Table, Presa Street Bridge, River Walk, Rockville, Scott Herbold, Texas de Brazil, Travis Park Plaza, Vogue building, W Hotel, Walgreens building, West Houston Street, Weston Urban, WeWork, Wolff & Marx

Olivo: How McKee-Rodriguez’s support for a luxury housing project helps shape the Decade of Downtown

December 2, 2021 By Ben Olivo 77 Comments

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.

Filed Under: Broadway East, Center City Housing Incentive Policy, City of San Antonio, Development, East Side, Government Hill, Housing, Lone Star, Midtown & Pearl, Neighborhoods, Pearl, Sidebar Deep Dive Tagged With: 1800 Broadway, Alazán-Apache Courts, Ana Sandoval, AREA Real Estate, Bexar County, Broadway, Broadway corridor, CCHIP, Center City Housing Incentive Program, City Council, City of San Antonio, Criterion, David Adelman, Decade of Downtown, East Side, Encore Multifamily, Encore SoFlo, Esperanza Peace & Justice Center, Fulcrum Development, Government Hill, Government Hill Alliance, GrayStreet Partners, HDRC, Historic and Design Review Commission, Hixon Properties, Ian Benavidez, Inner City Development Incentive Program, Inner City TIRZ, Inspire Downtown, Jake Jopling, Jalen McKee-Rodriguez, Jefferson Bank, Julián Castro, Lone Star Brewery, Lynd Company, Mario Bravo, Michael Amezquita, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Museum Reach, OHT Partners, Pearl, Sabot Development, SAISD, San Antonio Housing Authority, San Antonio Independent School District, San Antonio River, Shirley Gonzales, Southtown, Teri Castillo, Texas Organizing Project, Universal Services Group, Vistana

Encore development gets tax incentive after gaining McKee-Rodriguez’s reluctant support

November 18, 2021 By Richard Webner 69 Comments

Construction work continues on Oct. 6 on Encore Multifamily's 386-unit apartment building that consumes most of the land bound by North Alamo, East Grayson, Austin, and West Carson streets.

An up-to-$7 million incentive package for a high-end apartment complex in Government Hill won unanimous approval from City Council on Thursday after a change of heart from District 2 Councilman Jalen McKee-Rodriguez.

Filed Under: Broadway, Broadway East, City of San Antonio, Development, Government Hill, Housing, Neighborhoods Tagged With: Ana Sandoval, Broadway East, City Council, Clayton Perry, Decade of Downtown, Encore Multifamily, Fulcrum Development, Government Hill, GrayStreet Partners, Jalen McKee-Rodriguez, John Courage, Manny Pelaez, Mario Bravo, Melissa Cabello Havrda, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Planning and Community Development Committee

Dallas developer struggles to gain City Council support for Broadway East project in Government Hill

October 22, 2021 By Richard Webner 5 Comments

Construction work continues on Oct. 6 on Encore Multifamily's 386-unit apartment building that consumes most of the land bound by North Alamo, East Grayson, Austin, and West Carson streets.

District 2 Councilman Jalen McKee-Rodriguez is opposing an up-to-$7 million incentive package for a development east of the Pearl by Encore Multifamily of Dallas because it’s composed of all market-rate apartments.

Filed Under: Broadway, Broadway East, Building Explorer, City of San Antonio, Development, Government Hill, Housing Tagged With: Adriana Rocha Garcia, Amy Dunaway, Broadway East, Encore Multifamily, Fulcrum Development, Government Hill, GrayStreet Partners, Jalen McKee-Rodriguez, Mario Bravo, Midtown, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Neighborhood and Housing Services Department, NHSD, Pearl

Development profile: Encore Multifamily’s Broadway East project

October 7, 2021 By Heron Staff 44 Comments

Construction work continues on Oct. 6 on Encore Multifamily's 386-unit apartment building that consumes most of the land bound by North Alamo, East Grayson, Austin, and West Carson streets.

Construction works has begun on the first phase of Broadway East, a $90 million, 386-unit market-rate apartment complex by Dallas firm Encore Multifamily that’s one block east of Broadway near the Pearl.

Filed Under: Broadway, Broadway East, Building Explorer, City of San Antonio, Development, Government Hill, Housing Tagged With: Broadway East, City of San Antonio, Encore Multifamily, Fulcrum Development, Government Hill, GrayStreet Partners, Midtown TIRZ, Pearl

Midtown TIRZ board approves up to $7M for Encore apartments north of downtown San Antonio

August 31, 2021 By Richard Webner 56 Comments

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.

Filed Under: Broadway, Development, Government Hill, Housing, Midtown & Pearl Tagged With: 210 Josephine Apartments, Amy Dunaway, Broadway East, CCDO, CCHIP, Center City Development and Operations, Center City Housing Incentive Policy, Encore Multifamily, Encore SoFlo, Fulcrum Development, Government Hill, Ian Benavidez, Jake Jopling, James Griffin, Lynd, Lynd Co., Lynn Knapik, Michelle Vigil, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Neighborhood and Housing Services, NHSD, rayStreet Partners, Ron Nirenberg

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Deep Dives

How municipal bonds work, and a brief history of them in San Antonio

Olivo: How McKee-Rodriguez’s support for a luxury housing project helps shape the Decade of Downtown

The Lofts at River North are under construction at Broadway and Jones Avenue in July.

Analysis: It’s time to call BS on ‘workforce housing’

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