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HemisFair Park PFC

Mayor Nirenberg, City Council signal support for revised Zachry-Hemisfair lease

March 16, 2022 By Richard Webner

Construction continues at Hemisfair's future Civic Park on the southeast corner of South Alamo and East Market streets on Monday, March 14, 2022.

Mayor Ron Nirenberg and the City Council gave enthusiastic support on Wednesday to the city’s proposal to rewrite a five-year-old agreement with Zachry Hospitality regarding its plan to develop the northwest corner of Hemisfair, a long-delayed project.

Filed Under: City of San Antonio, Development, Hemisfair, Parks & Plazas Tagged With: Andres Andujar, City Council, City of San Antonio, Civic Park, David Adelman, David Zachry, HDRC, Hemisfair, HemisFair '68, Hemisfair Park Area Redevelopment Corp., HemisFair Park PFC, Hemisfair Park Public Facilities Corp., Hemisfair Tax Increment Reinvestment Zone, Hemisfair TIRZ, Historic and Design Review Commission, HPARC, John Courage, Johnson Trube & Associates, Lori Houston, Mario Bravo, NCAA Final Four, NRP Group, Ron Nirenberg, Schultze House, Yanaguana Garden, Zachry, Zachry Corp., Zachry Hospitality

Zachry’s failure to make Hemisfair rent payments prompts new lease agreement

March 14, 2022 By Richard Webner

Constructions continues at Hemisfair's future Civic Park on the southeast corner of South Alamo and East Market streets on Monday, March 14, 2022.

Years behind schedule, the construction of Hemisfair’s Civic Park has been delayed in part by Zachry Hospitality’s inability to start construction of its multi-use development.

Filed Under: 2017-2022 bond, 2022-2027 bond, City of San Antonio, Development, Hemisfair, Parks & Plazas Tagged With: ’68 World’s Fair, Andres Andujar, Cambridge Holdings, City Council, Civic Park, Convention Center, David Zachry, East Market Street, H.B. Zachry, Hemisfair, Hemisfair Park Area Redevelopment Corp., HemisFair Park PFC, Hemisfair Park Public Facilities Corp., Hilton Palacio Del Rio, HPARC, John Jacks, Lori Houston, Lynd Hospitality, Mario Bravo, Omar Gonzalez, Rod Radle, Ron Nirenberg, Schultze House, South Alamo Street, Tara Snowden, Thea Setterbo, Tower of the Americas, Tower Park, Yanaguana Garden, Zachry Hospitality

Rising rents, high occupancies signal ‘Decade of Downtown’ in San Antonio has worked, developers say

February 4, 2022 By Richard Webner

San Antonio Downtown drone shot.

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.

Filed Under: Center City Housing Incentive Policy, City of San Antonio, Deep Dive, Development, Housing, Midtown & Pearl, Southtown Tagged With: 120 Ninth Street, Alamo Manhattan, Augusta Flats, Austin Investor Interests, Blackstone, Brad Miller, Brady Tower, Broadway, Broadway East, Cadillac Lofts, Canopy By Hilton, CCHIP, Cellars at Pearl, Center City Housing Incentive Policy, City Council, Constellation Group, Covid-19, Crockett Urban Ventures, David Adelman, Decade of Downtown, Ed Cross, Encore Multifamily, Encore SoFlo, Flats at River North, Franklin Templeton Investments, Government Hill, GrayStreet Partners, Hemisfair, HemisFair Park PFC, HemisView Village, Heritage Plaza, Inspire Downtown, Institutional Property Advisors, Jeremy Jessop, JJ Real Co., Jones & Rio, Jones and Rio, Julián Castro, Midway, Mission Escondida, Mission Reach, Mission Trails, Museum Reach, Patrick Shearer, Pearl, River Walk, Rivera on Broadway, Ron Nirenberg, San Antonio Housing Trust PFC, San Antonio River, San Pedro Creek Culture Park, SC Bodner Company, Southline, Southtown, Southtown Flats, Stillwater Capital, Strategic Housing Implementation Plan, Strategic Property Investment, The '68, The Agave, The Baldwin, The Floodgate, Towers at the Majestic, University of Texas at San Antonio, Vistana, West Oaks, Weston Urban, White Conlee

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