The cost to build Cattleman Square Lofts has ballooned by $6 million since January.
Museum Reach Lofts
Since hiring an international real estate brokerage firm in 2018, CPS Energy has struggled to sell its former Jones Avenue Service Center at 326 W. Jones Ave.
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.
The 140-unit project at 811 W. Houston St. will provide apartments priced for households making 30%-80% of the area median income.
Here are the most news-worthy stories of 2020 for the downtown San Antonio area.
The Museum Reach Lofts, a true affordable housing building in the downtown area, welcomed its first residents this week near the Pearl.
The Museum Reach Lofts, a rare affordable apartment project that nonprofit Alamo Community Group (ACG) is developing, was approved for a $2.8 million incentive this morning by the Midtown Tax Increment Reinvestment Zone board.
Bill Shown, managing director of Pearl developer Silver Ventures, said his group is “very interested” in building affordable housing as the development expands in the coming years.