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GrayStreet sells key Southtown retail strip to Austin firm

December 27, 2022 By Richard Webner

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

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

March 10, 2022 By Richard Webner

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

Tax subsidy sometimes used for affordable housing redirected to Broadway attractions north of downtown San Antonio

February 23, 2022 By Ben Olivo

The San Antonio Zoo is considering several improvement projects totaling around $50 million including a gorilla enclosure, renovations to existing buildings and a completely new front gate.

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.

Filed Under: 2022-2027 bond, Broadway, City of San Antonio, Development, Housing, How Things Work, Midtown & Pearl, Museum Reach, Property Values, River North, San Antonio Zoo, Tobin Hill Tagged With: 2022-2027 bond, Alamo Community Group, Brackenridge Park, Broadway, Brooks City-Base TIRZ, ButterKrust Bakery, Cattleman Square Lofts, Cellars at the Pearl, City Council, City of San Antonio, Encore Multifamily, Erik Walsh, Government Hill, GrayStreet Partners, Houston Street TIRZ, Inner City TIRZ, Jennifer Gonzalez, Jones & Rio, Lone Star Brewery, Lori Houston, Mario Bravo, Maverick Dog Park, Midtown TIRZ, Midway, Museum Reach, Museum Reach Lofts, Pearl, Prospera Housing Community Services, Ryan M. Sweeney, SA: Ready to Work, San Antonio Botanical Garden, San Antonio Light, San Antonio Museum of Art, San Antonio Zoo, San Pedro Springs Park, Strategic Housing Implementation Plan, Sunken Garden Theater, Tim Morrow, Vista Verde Apartments, Westside TIRZ, Witte Museum

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

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

January 11, 2022 By Richard Webner

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

Retail hub anchored by ice house planned for land near former Lone Star Brewery

November 10, 2021 By Richard Webner

This patch of land on the corner of South St. Mary's Street and Mission Road may soon be part of a mixed-use development by Bakke Development Corp.

Bakke Development Corp. is looking to redevelop the site of former headstone maker Meier Bros. Monuments on South St. Mary’s.

Filed Under: Development, Food & Drink, Lone Star, Mission Reach, Neighborhoods, Retail, San Antonio River, South St. Mary's, Southtown Tagged With: Bakke Development Corp., Blue Star Arts Complex, Brandt Bakke, GrayStreet Partners, Henry Meier, Lone Star Brewery, Meier Bros. Monuments, Midway, Mission Reach, Mission Trail, San Antonio River

Midtown TIRZ board delays $4.8M incentive package for Broadway East apartments

July 14, 2021 By Ben Olivo

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.

Filed Under: Broadway, City of San Antonio, Development, Government Hill, Housing, Midtown & Pearl Tagged With: Amy Dunaway, Borden Park, Broadway, Broadway East, Christina Ramirez, David McBeth, Embrey Partners, Encore, Encore Multifamily, GrayStreet Partners, Lone Star Brewery, Lone Star District, Marise McDermott, Midtown Tax Increment Reinvestment Zone, Midtown TIRZ, Midway, Pearl, Suzanne Scott, Travis James, TXP

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

July 8, 2021 By Richard Webner

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

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

Developer Adelman buys industrial site north of Lone Star Brewery

June 8, 2021 By Richard Webner

This property at 410 Probandt St., across from the former Lone Star Brewery, was recently purchased by developer David Adelman and a partner.

Local developer David Adelman and a partner have purchased a four-acre warehouse property directly north of the Lone Star Brewery with plans to build on the momentum of the area’s growth by developing it with a residential use.

Filed Under: Development, Housing, Lone Star, South Side, Southtown, Transactions Tagged With: Blue Star Arts Complex, Camp Outpost Co., Cattleman Square, David Adelman, Flats at Big Tex, G&K Services, GrayStreet Partners, Historic and Design Review Commission, Lone Star Brewery, Midway

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