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.
Lone Star Brewery
Local developer Bakke Development Corp.’s plan for an ice house and retail complex on a prominent intersection in Southtown goes before the Historic and Design Review Commission this week.
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.
Bakke Development Corp. is looking to redevelop the site of former headstone maker Meier Bros. Monuments on South St. Mary’s.
The developer has purchased a warehouse near North Colorado and Culebra and is talking with a brewer to occupy the space.
Weston Urban plans to build a 15-story apartment building between the former Continental Hotel and Arana building in west downtown.
The Midtown TIRZ board tabled $4.8 million in incentives for Broadway’s next apartment building because it needed more details on an even larger project it’s being asked to help fund: the burying of overhead power lines on Broadway from Interstate 35 to East Mulberry Avenue.
In the area of housing, it seems likely that the early 2020s will mark another turning point for San Antonio.
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.