Sabot Development of Austin is setting its sights on the Cattleman Square area on San Antonio’s near West Side—one of the most blighted areas of the urban core.
The downtown San Antonio apartment market, which city leaders went to such great effort to grow, has matured to a point where it is drawing major attention from out-of-town investors.
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.
The developer has purchased a warehouse near North Colorado and Culebra and is talking with a brewer to occupy the space.
Developer David Adelman plans to build in west downtown for the first time with a 122-unit apartment building at Cattleman Square.
As tourists and locals flock to the Canopy by Hilton, downtown’s latest hotel, they most likely won’t have a clue as to the difficulties in building something that tall, and on the river no less.
However, there is little hope of Zachry Corp. breaking ground soon on the mixed-use development that will enclose the park.