With construction costs and interest rates soaring, San Antonio developers are struggling to make the numbers work for their affordable housing projects.
NRP Group
Alazan Courts, Cattleman Square Lofts among 14 projects set to receive $44M in San Antonio bond funding
The city of San Antonio is preparing to disburse nearly $44 million to housing developers and landlords for the production of 686 apartments, the repair of another 1,775 units, and the construction of 71 single-family homes.
Mayor Nirenberg, City Council signal support for revised Zachry-Hemisfair lease
Mayor Ron Nirenberg and the City Council gave enthusiastic support on Wednesday to the city’s proposal to rewrite a five-year-old agreement with Zachry Hospitality regarding its plan to develop the northwest corner of Hemisfair, a long-delayed project.
Hemisfair’s Civic Park construction imminent as planners race to meet 2025 Final Four deadline
After a delay of more than two years, the construction of Hemisfair’s Civic Park is finally imminent, it appears. A groundbreaking ceremony is scheduled for sometime in January after the City Council approved last week a $27.9 million construction contract for Skanska USA Building.
Best Western renovation in St. Paul Square signals confidence San Antonio’s hospitality sector will recover
A local investment group is renovating the Best Western on East Commerce Street, adding a speakeasy to its basement, in a show of confidence in San Antonio’s hospitality sector and St. Paul Square.
Who’s served by truly affordable housing? Meet the Medinas
Often, low-income housing is boiled down to numbers. We hardly ever talk to the people who live in these units. Meet Cora Medina, who found her footing in life thanks to the Terraces at Haven for Hope.
Lucy’s Bodega offers vegan options at St. Paul Square in east downtown
The all-vegan Lucy’s Bodega has opened at St. Paul Square, 123 Heiman St. The couple also plans to open a Lucy’s Bodega on East Houston near Alamo Plaza.
Analysis: Lone Star District tops list of city’s largest incentive packages
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.
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.