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Kevin Covey

GrayStreet sells key Southtown retail strip to Austin firm

December 27, 2022 By Richard Webner Leave a Comment

The retail strip at South Alamo and South St. Mary's streets was recently sold in November 2022 by San Antonio developer Kevin Covey to an Austin firm.

A popular Southtown retail strip, home to Pharm Table, Mixtli and Brown Coffee Co., has been sold to an Austin firm.

Filed Under: Retail, Southtown, Transactions Tagged With: Andrew Weissman, Brown Coffee Co., Christopher Grossman, GrayStreet Partners, Ironwood Real Estate, Kevin Covey, Lone Star Brewery, Midway, Mixtli, Peter French, Pharm Table, Renaissance Tower, Southtown, Southtown Junction LP, State Life Insurance Company, Texas Highway Patrol Museum, Tower Life, Travis Park Plaza

GrayStreet buys seven-story Tower Life parking garage

May 10, 2022 By Richard Webner 2 Comments

The parking garage connected to the Tower Life Building was purchased by local developer Graystreet Partners on May 2, 2022

Downtown developer GrayStreet Partners has purchased the parking garage attached to the iconic Tower Life Building from the Zachry family.

Filed Under: Parking, Tower Life Building, Transactions Tagged With: Bexar Appraisal District, CPS Energy, Ed Cross, GrayStreet Partners, Jon Wiegand, Kevin Covey, McCombs, Peter French, River Walk, SA Tower Life LP, Tower Life building, Villita Street, Zachry

Lone Star Brewery project uncertain as GrayStreet-Midway offers 32-acre property for sale

March 10, 2022 By Richard Webner 1 Comment

The Lone Star Brewery taken Feb. 6, 2021.

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.

Filed Under: City of San Antonio, Development, Lone Star, Mission Reach, Neighborhoods, San Antonio River, South Side, Southtown Tagged With: City Council, Craig Cargotta, Elizabeth Mercado, GrayStreet Partners, Inner City TIRZ, Jeff Hunt, JLL, Kevin Covey, Lone Star Brewery, Lone Star District, Midway, Neighborhood and Housing Services Department, NHSD, Peter French, Rebecca Flores, Red Berry Estate, Roosevelt Park Neighborhood Association, Shirley Gonzales

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

GrayStreet Partners buys parking lot next to Mexican Consulate from CPS Energy

January 11, 2022 By Richard Webner 55 Comments

This lot at 121 Navarro St., formerly owned by CPS Energy, was recently purchased by local developer GrayStreet Partners.

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.

Filed Under: CPS Energy, Transactions Tagged With: BH Properties, CPS Energy, GrayStreet Partners, Kevin Covey, Lone Star Brewery, Mexican Consulate, Midway, Nora Castro, Peter French, Villita Assembly

Pandemic derails GrayStreet Partner’s plans for Broadway East, delays W Hotel

February 7, 2021 By Richard Webner 9 Comments

This commercial building on Broadway across from the Pearl was to be part of GrayStreet Partners' Broadway East development.

GrayStreet’s Broadway East urban community derailed. W Hotel on hold. The Light building rehab lags behind schedule. That’s just GrayStreet’s projects on Broadway. The Covid pandemic has stymied many of the local developer’s downtown projects.

Filed Under: Broadway, Development, East Side, Government Hill, Historic Preservation, Housing, Office Tagged With: Amy Dunaway, Andrew Sarofim, Antonia Infante, Broadway East, CCJ Capital High Quality CRE Asset Fund I, Cindy Tower, Credit Human, Encore, Encore Multifamily, Entrada Partners, Ford, Freestone Commercial Real Estate, Government Hill, GrayStreet Partners, Kevin Covey, Kress building, Larry Sloan, Lone Star Brewery, McDonald Development Group, Midway, Ovation Partners, Pearl, Peter French, Powell & Carson, Ryan Harrison, SAISD, San Antonio Express-News, San Antonio Independent School District, Silver Ventures, Todd Mernin, Transwestern, Travis Park Plaza, Vantage Bank Texas, Vogue building, W Hotel, Walgreens building, WeWork, Yesenia Marili

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