A group led by the McCombs family has purchased the Tower Life Building, which had been owned by the Zachry family for nearly 80 years.
San Antonio Light
Sutton Co. of Austin plans to convert the 1929 newspaper building into a boutique hotel with multifamily housing, retail and perhaps even a music venue.
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.
Adorning the side of the building that faces Peacock Alley are four continuously-operating gas lights by Bevolo, a New Orleans-based company who’s made custom gas-powered lanterns since 1945.
GrayStreet Partners is due to receive a $2.5 million incentive for the restoration of the circa-1931 San Antonio Light building.