REOC San Antonio
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Kim Gatley
enior Vice President & Director of Research at REOC San Antonio

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Broadway Bank Professional Building to add medical space downtown

Broadway Bank Professional Building

R.L. Worth & Associates recently announced a change of plans for the intended 4-story building proposed on the 2.6-acre tract located at Elmira Street and Brooklyn Avenue just north of I-35 and McCullough Ave.  Broadway Bank assembled the land and is expected to sell it to Worth later this year.  The bank will occupy 5,000 square feet in the planned 105,425 square-foot building but instead of the original office plan, Worth has repositioned the project to target medical users. 

In the San Antonio Express-News article, Planning for medical offices (7-30-10), it was reported that Worth has a letter of intent from an unnamed medical company to occupy 13,000 square feet.   Two other potential tenants have each expressed interest in 20,000 square feet or more.   It is not yet known whether these are new companies to the city or if these potential tenants will be moving from existing facilities. 

Construction on the Broadway Bank Professional Building is expected to start once Worth pre-leases at least half of the building and could be completed as early as the end of next year.  Upon completion, Broadway Bank will relocate from its current location at 425 Soledad.


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