In the area of housing, it seems likely that the early 2020s will mark another turning point for San Antonio.
The Flats at River North
In mid-May, The Flats at River North, one of downtown’s largest mixed-use developments, began receiving its first residents.
Efforts by state lawmakers to rein in the use of public facility corporations, which provide lucrative tax breaks to developers building mixed-income apartment complexes, have remained under the radar at the Texas Legislature, with battles over voting and gun rights dominating the headlines.
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.
Next up for the Hixon-Cavender partnership is a food-and-beverage market behind the recently-completed Soto office building on Broadway.