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Provident Realty Advisors

Pre-construction work set to begin on $92.9M Friedrich Lofts on San Antonio’s East Side

September 23, 2022 By Heron Staff 3 Comments

The Friedrich industrial complex at 1617 E. Commerce St. July 8, 2021.

This month, crews are scheduled to begin the environmental abatement process on the ruinous Friedrich industrial site, preparing it for the mixed-income 358-unit Friedrich Lofts by 2025.

Filed Under: Denver Heights, Development, Dignowity Hill, East Side, Historic Preservation, Neighborhoods, San Antonio Housing Trust Tagged With: Denver Heights, Dignowity Hill, East Side, Friedrich, Friedrich Air Conditioning Co., Friedrich Lofts, Government Hill, Greystone, HUD, John Miller, Pete Alanis, Provident Realty Advisors, San Antonio Housing Trust, San Antonio Housing Trust PFC, South Real Estate Fund

‘We’ve been gentrified.’ McKee-Rodriguez spurring new conversation about gentrification in San Antonio

June 11, 2022 By Ben Olivo Leave a Comment

Development has increased around San Antonio’s Government Hill neighborhood over the last few years, resulting in modern out of place seeming homes and condos next to historic family residences as seen on Dec. 30, 2021.

District 2 Councilman Jalen McKee-Rodriguez wants a displacement study completed when developers seek incentives from the city.

Filed Under: 2022-2027 bond, Center City Housing Incentive Policy, City of San Antonio, Denver Heights, Development, Dignowity Hill, East Side, Government Hill, Housing, Neighborhoods, Property Values Tagged With: Bexar Appraisal District, Decade of Downtown, Denver Heights, Diego Bernal, Dignowity Hill, Encore, Ford Foundation, ForEveryoneHome, Friedrich Air Conditioning Co., Government Hill, Grayson Heights, Grounded Solutions Network, Ian Benavidez, Inner City TIRZ, Jalen McKee-Rodriguez, Julián Castro, María Villagómez, Mario Bravo, Midtown TIRZ, Mission Escondida, Mission Trails, Neighborhood and Housing Services Department, NHSD, Phyllis Viagran, Provident Realty Advisors, San Antonio Housing Trust Public Facility Corp., San Pedro Creek Culture Park, Soap Factory, Soapworks, White Conlee

San Antonio Housing Trust PFC approves Friedrich Lofts project despite gentrification concerns

June 14, 2021 By Richard Webner 51 Comments

The controversial Friedrich Lofts project on the East Side was approved Monday by the Housing Trust PFC board, which is composed of five City Council members, despite concerns of gentrification.

Filed Under: Commerce Street, Denver Heights, Development, East Side, Historic Preservation, Neighborhoods, San Antonio Housing Trust Tagged With: Adriana Rocha Garcia, American South Real Estate Fund, Austin Investor Interests, Friedrich Air Conditioning Co., Friedrich Lofts, Housing Trust PFC, HUD, Irasema Cavazos, Ivy Taylor, Jada Andrews-Sullivan, Jalen McKee-Rodriguez, John Courage, Mario Bravo, Pete Alanis, Phyllis Viagran, Provident Realty Advisors, Rebecca Viagran, Roberto Treviño, Ron Nirenberg, Rudy Lopez, San Antonio Housing Trust PFC, San Antonio Housing Trust Public Facility Corp., Shirley Gonzales, Teri Castillo, Tomas Uresti, U.S. Department of Housing and Urban Development

Tax breaks for developers under scrutiny in San Antonio, Texas capitol

April 1, 2021 By Heron Staff 13 Comments

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.

Filed Under: City of San Antonio, Development, Housing, Property Values, San Antonio Housing Authority, San Antonio Housing Trust, Texas Legislature Tagged With: 210 Josephine Apartments, Adrianna Rocha Garcia, Alamo Colleges District, American South Real Estate Fund, Aspire at Tampico, Cevallos Lofts, Christina Rosales, City of San Antonio, Debra Guerrero, Dr. Adrianna Rocha Garcia, Ed Hinojosa Jr., Gary Gates, Heather K. Way, Hemisfair, HUD, Jessica O. Guerrero, Jim Plummer, John Courage, Jon Rosenthal, Lynd Company, Mission DG, Neighborhood and Housing Services Department, NHSD, NRP Group, Paul Bettencourt, Paul Demanche, Pete Alanis, PFCs, Provident Realty Advisors, public facility corporations, Rebecca Viagran, Roberto Treviño, Ron Nirenberg, SAHA, Salado at Red Berry, San Antonio Housing Authority, San Antonio Housing Trust, San Antonio Housing Trust PFC, Shirley Gonzales, Sofia Lopez, Texas Housers, Texas Legislature, The Baldwin, The Flats at River North, U.S. Department of Housing and Urban Development, University of Texas at Austin

The most-read stories of 2020

December 29, 2020 By Ben Olivo 47 Comments

This year-end list is your list. Here are the 10 downtown and neighborhood stories you consumed the most of in 2020.

Filed Under: Miscellaneous Tagged With: Alamo Community Group, Alamo Plaza, Alazán-Apache Courts, American South Real Estate Fund, Cattleman Square Lofts, Dream Hotel Group, El Mirador, Friedrich complex, GrayStreet Partners, James Lifshutz, Lisa Wong, National Trust for Historic Preservation, Peter French, Provident Realty Advisors, Roberto Treviño, Rosario's, SAHA, San Antonio Housing Authority, San Antonio Housing Trust, Texas Historical Commission, The Floodgate, West Commerce Street, Weston Urban

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Deep Dives

How municipal bonds work, and a brief history of them in San Antonio

Olivo: How McKee-Rodriguez’s support for a luxury housing project helps shape the Decade of Downtown

The Lofts at River North are under construction at Broadway and Jones Avenue in July.

Analysis: It’s time to call BS on ‘workforce housing’

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