Downtown developer GrayStreet Partners has purchased the parking garage attached to the iconic Tower Life Building from the Zachry family.
BH Properties of Los Angeles announced last week that it’s preparing to start refurbishing CPS Energy’s former office building on Navarro Street into what it describes as a mixed-use destination on the River Walk.
Sutton Co. of Austin plans to convert the 1929 newspaper building into a boutique hotel with multifamily housing, retail and perhaps even a music venue.
The $596 million Lone Star Brewery project, which local developer GrayStreet Partners and Houston mega-developer Midway unveiled last year to great excitement, now faces an uncertain future.
A financial tool used to help fund affordable housing was recently repurposed for the San Antonio Zoo, the Witte Museum, Garden and Brackenridge Park, a move that has some nonprofit developers scratching their heads.
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.
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.
Newstream Capital, from a northern suburb of Fort Worth, bought two properties on Villita Street, across from the Tower Life Building. The firm is still deciding what to build on them.
Downtown developer GrayStreet Partners on Thursday purchased a one-acre parking lot from CPS Energy, next to the Mexican Consulate and across from the Tower Life Building, in the heart 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.