The construction phase for Brewery South Apartments, the latest residential project by Silver Ventures , will commence in August, according to a notice given by the architect to a Texas regulatory agency. Houston-based WGW Architects Inc. also reported that the project is scheduled for completion by August 2019. WGW estimated the project cost at $30 million. Silver Ventures developed the…
Austin-based Argyle Residential is approaching the end of the permitting process for a new 327-unit, five story multifamily apartment complex in downtown San Antonio: Heritage Plaza. The developer takes the final step this week, requesting a Certificate of Appropriateness from the city’s Historic and Design Review Commission, before site permits can be pulled. Their request is on…
NRP Group , a Cleveland, Ohio-based developer of multifamily apartment communities, introduced itself to San Antonio real estate in 2003, starting as a producer of affordable and mixed-income housing. The company’s early projects were in working class, lower-income neighborhoods inside Loop 410 and many of these projects relied on housing tax credit financing. But in recent years,…
It has taken the Texas Facilities Commission two years to regroup for a gubernatorial line-item veto that left in shambles its plans for housing San Antonio state employees based in the G.J. Sutton Complex at 321 Center Street. The site, originally a foundry for casting metal, was purchased by the state and converted to office use in 1975. When Governor Gregg Abbott…
It took Frost Bank , a 149-year-old hometown financial institution, to bring San Antonio its first downtown skyscraper in almost 30 years. The 32-story Weston Centre , completed in 1988 and later purchased by Weston Urban , represented that last major addition of a skyline that was almost frozen in time, while other Texas metropolises kept construction cranes swinging. San Antonio…
An upper story view of the plaza, the focal point of the mixed use concept for Essex Modern City. With the exception of Pearl, developers looking to do downtown-centric urban infill projects have focused within the Central Business District or the neighborhoods to the south. Most of these projects have followed the same formula, and that is…
