Any concerns about the sheer size of the Lone Star’s $24 million incentive deal, or over the potential displacement of nearby residents, were outweighed by the fact that someone is finally breathing new life into these ghostly industrial shells after 25 years.
San Antonio River
On Thursday, City Council unanimously approved $24 million in incentives to help a partnership between GrayStreet Partners and Midway succeed where so many others have failed: to redevelop the blighted Lone Star Brewery complex.
The developers of the Lone Star Brewery are seeking $24 million in subsidies from the City of San Antonio to cover the cost of infrastructure and other public upgrades in and around the long-abandoned site.
The San Antonio African American Community Archive and Museum was originally founded in 2017 on the East Side and has recently moved to La Villita.
Robert “Dick” Tips, owner of Mission Park Funeral Chapels and Cemeteries, is pursuing the development of a mid-rise apartment and condo building near the Broadway corridor.
The project would be the fourth major multifamily development by Silver Ventures, and would push the Pearl’s apartment total past 900 units.
GrayStreet Partners has purchased 1.4 acres of property just south of City Hall, including the old Kallison’s Western Wear.