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San Antonio Heron

Telling the complete downtown story

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Julián Castro

Olivo: Housing needed at all price points, Nirenberg says

May 25, 2022 By Ben Olivo 2 Comments

Development has increased around San Antonio’s Government Hill neighborhood over the last few years, resulting in modern out of place seeming homes and condos next to historic family residences as seen on Dec. 30, 2021.

How San Antonio’s discussion on housing costs has evolved from the Decade of Downtown to the pandemic-era shortage.

Filed Under: City of San Antonio, Development, Housing, Neighborhoods, Weston Urban Tagged With: 300 Main, Bexar County, CCHIP, Center City Housing Incentive Policy, Decade of DowntownStrategic Housing Implementation Plan, Ed Hinojosa Jr., Julián Castro, Moody’s Analytics, President Biden, Riverplace, Ron Nirenberg, San Antonio Housing Authority, San Antonio Housing Trust, Universal Services Group, Weston Urban

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

February 4, 2022 By Richard Webner 89 Comments

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, Sidebar Deep Dive, 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

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, Restaurants, 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 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

Austin developer gets final approval for 10-story apartment building near Pearl

August 15, 2021 By Ben Olivo 62 Comments

A 10-story mixed-use project by Sabot Development of Austin is planned for 322 E. Euclid Ave. near the Pearl.

The project by Sabot Development will consist of 299 market-rate units, 12,000 square feet of retail and 429 parking spaces.

Filed Under: Development, Housing, Midtown & Pearl, Museum Reach, San Antonio River Tagged With: AREA Real Estate, Borden Creamery, Embry Partners, HDRC, Historic and Design Review Commission, Jim Young, Julián Castro, Lynd Co., Mira, Museum Reacm, Pearl, Sabot Development, SAHA, San Antonio Housing Authority, San Antonio River, Silver Ventures

Housing in San Antonio at crossroads with expired downtown incentive policy, new council members elected

July 8, 2021 By Richard Webner 4 Comments

Skyline downtown San Antonio. May 20, 2021.

In the area of housing, it seems likely that the early 2020s will mark another turning point for San Antonio.

Filed Under: Bexar County, Center City Housing Incentive Policy, City of San Antonio, Development, Housing, Mayor's Housing Policy Task Force, Neighborhoods, San Antonio Housing Authority, San Antonio Housing Trust Tagged With: Adriana Rocha Garcia, Bexar County, Bexar County PFC, Biden administration, Broadway corridor, CCDO, CCHIP, Center City Development & Operations Department, Center City Housing Incentive Policy, Cevallos Lofts, City of San Antonio, Continental Hotel, Cynthia Spielman, David Nisivoccia, Decade of Downtown, Ed Hinojosa Jr., Friedrich Air Conditioning Co., Friedrich Lofts, GrayStreet Partners, Housing Policy Framework, Housing Trust PFC, Jalen McKee-Rodriguez, John Courage, Julián Castro, Lone Star Brewery, Lone Star District, Mario Bravo, Mayor's Housing Policy Task Force, Midway, NALCAB, National Association for Latino Community Asset Builders, Neighborhood and Housing Services Department, NHSD, NIMBYism, Pearl, Pete Alanis, Proposition A, Ron Nirenberg, Sabot Development, SAHA, San Antonio Housing Authority, San Antonio Housing Trust Public Facility Corp., SHIP, Shirley Gonzales, Strategic Housing Implementation Plan, Teri Castillo, The Baldwin, The Flats at River North, Tier One Neighborhood Coalition, Under One Roof, Vero Soto, Veronica Garcia, Weston Urban

Analysis: Lone Star District tops list of city’s largest incentive packages

June 26, 2021 By Richard Webner 6 Comments

The former Lone Star Brewery is eyed for redevelopment by Midway and GrayStreet Partners. May 23, 2021.

The $24 million incentive package that GrayStreet Partners and Midway received last month to redevelop the former Lone Star Brewery tops the list of San Antonio’s most subsidized urban development projects.

Filed Under: Center City Housing Incentive Policy, City of San Antonio, Development, Housing, Lone Star Tagged With: Agave Apartments, Canopy By Hilton, Carlyle Group, CCHIP, Center City Housing Incentive Policy, City Council, Credit Human, Cypress Real Estate Advisors, DC Partners, Encore Multifamily, Encore SoFlo, GrayStreet Partners, GreyStar, Hotel Emma, Inner City Tax Increment Reinvestment Zone, Inner City TIRZ, Julián Castro, Lone Star Brewery, Lone Star District, Merchants Ice complex, Michelle Vigil, Midway, NRP Group, Pearl, Rivera on Broadway, RK Group, Ron Nirenberg, Silver Ventures, Texas Research and Technology Foundation, The Arts Residences, The Red Berry Estate, Universal Services Group LLC, VelocityTX, Weston Urban

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Deep Dives

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

San Antonio Downtown drone shot.

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

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