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.
NRP Group
People now living at The Flats at River North on Broadway
In mid-May, The Flats at River North, one of downtown’s largest mixed-use developments, began receiving its first residents.
San Antonio Housing Trust, NRP Group look to sell Cevallos Lofts
The San Antonio Housing Trust and developer NRP Group are fielding offers to purchase the Cevallos Lofts, the 252-unit apartment building credited with spearheading growth in that area of Southtown since it was built in 2010.
Two bills to reform PFCs, which provide tax breaks to developers, make progress in Legislature
Efforts by state lawmakers to rein in the use of public facility corporations, which provide lucrative tax breaks to developers building mixed-income apartment complexes, have remained under the radar at the Texas Legislature, with battles over voting and gun rights dominating the headlines.
Tax breaks for developers under scrutiny in San Antonio, Texas capitol
A growing number of advocates are demanding that the City of San Antonio stop using property tax exemptions to build housing, while Texas lawmakers have a similar debate in Austin.
Esperanza center plans rehab of ‘casitas’ to preserve old-style West Side housing
The Rinconcito de Esperanza cultural hub has received $1.5 million from the city to rehab seven historic homes into a community health center, an internet access point and a studio for recording oral histories.
Hemisfair’s Civic Park construction now scheduled to begin this fall
However, there is little hope of Zachry Corp. breaking ground soon on the mixed-use development that will enclose the park.
Hixon-Cavender partnership plans next phase of Broadway mini-neighborhood
Next up for the Hixon-Cavender partnership is a food-and-beverage market behind the recently-completed Soto office building on Broadway.
Incentives for tax-exempt Broadway Jones apartments grow to $2.1 million
A $55.9 million mixed-used development on Broadway and Jones Avenue is likely to hold a city-backed incentives package worth $2.1 million.
Broadway apartment design draws scrutiny from design commission
Members of the HDRC earlier this week criticized the Broadway-facing facade of a 283-unit, monolithic apartment building co-developed by NRP Group and the San Antonio Housing Trust Public Facility Corp.