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

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Broadway office development to cost $84.6 million

plans and maps on the tableThe mixed-use office and retail development will feature a 10-story South Tower, which will be approximately 221,000 square feet, and a 6-story North Tower totaling 123,000 square feet.

A 10-story mixed office and retail development is set to replace the Sarma Building which previously sat at 1801 Broadway Ave. …Read Entire Post

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Mixed-use project approved for Alamo Heights

A four-story, $40 million mixed-use development in the heart of Alamo Heights received unanimous approval from the Alamo Heights City Council earlier this week.

The project by Argyle Residential will feature a 150-unit apartment complex and 5,100 square feet of retail space. The development is planned for a 1.41-acre triangular lot at 5514 Broadway Street. …Read Entire Post

New office park arrives in Boerne

The finishing touches are being put on Seven Oaks Professional Office Park, a new 32,500 square-foot Class A office project in Boerne.

The complex has been advertised to companies looking for professional office and medical space. So far, the property already has a few tenants signed up, including a chiropractic firm, a dentist office, a swimming school, a day care facility and a surgery center. …Read Entire Post

Office project breaks ground in New Braunfels

Ground broke this week on the first phase of Sundance Plaza, a 120,000-square foot Class A office development in New Braunfels. This first phase, which will be a 58,574 square foot office building, is set to be completed in the first quarter of 2018.

The 10 acres of land Sundance Plaza will sit on is just a portion of a larger master-planned mixed-use project called Sundance Park, which will be centralized at 2049 Sundance Parkway — less than a mile from the bustling Interstate 35. …Read Entire Post

Solo Serve building demolished, makes way for River Walk hotel

soloserveDemolition began this week on the historic downtown Solo Serve building, which makes way for a nine-story hotel after years of sitting empty.

Vista Host, a hotel developer from Houston, plans to build a hotel on the site and has signed a franchise agreement for the property with a “nationally recognized dual-branded” hotel franchise, according to previous reports. …Read Entire Post

San Antonio hospital launching renovation

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Southwest General Hospital getting multi-million dollar renovation.

Southwest General Hospital has launched a new expansion and renovation project that will bring more cutting-edge health care to a sector of the city experiencing increased demand for services.

The project will include a new electrophysiology cardiac catheterization laboratory. As part of the plan, the hospital will also expand the capabilities of its existing cardiac cath lab. …Read Entire Post

H-E-B to start construction in Alamo Ranch area

HEB anchor tenant to large acquisition of retail center.

HEB coming to Alamo Ranch.

HEB has filed plans to start construction on a new $17.05 million location in the Alamo Ranch area in March 2017, less than three miles away from an existing store at 10660 West FM 471.

A H-E-B fuel station and car wash to accompany the future location, adding more than $1 million to the estimated construction costs, according to documents filed with the Texas Department of Licensing and Registration. …Read Entire Post

Specialty grocers will hit the gas while HEB and Wal-Mart slow down

H-E-B @ 1601 Nogalitos

HEB will only deliver two new locations in 2017.

Two of the largest retailers in San Antonio’s grocery sector will back away from the aggressive expansion plans they’ve fueled over the past several years, leaving some breathing room for the smaller retailers to build some momentum.

H-E-B and Wal-Mart Stores Inc. (NYSE: WMT) will hit the reset button come 2017, with H-E-B planning to deliver just two new San Antonio stores and Wal-Mart reportedly building none. …Read Entire Post

Local developer buys 200 acres of vacant land on far West Side

Local developer Paul Blackburn of Blackburn Properties of Texas has bought 200 acres of vacant land next to a Walmart Supercenter along Loop 1604 on the far West Side.

The land is at the southwest corner of Loop 1604 and Potranco Road, an area that has seen a lot of residential growth over the last 20 years. …Read Entire Post

Pediatric care in San Antonio is poised for change

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Rendering of Christus Santa Rosa’s new Children’s Hospital.

There is an aligning of stars in San Antonio, as multiple organizations are collectively spending hundreds of millions of dollars on new medical facilities for the region’s youngest patients.

The Children’s Hospital of San Antonio Health Pavilion-Stone Oak will cost $13 million to $14 million to develop and will be owned by Seavest Healthcare Properties LLC. The new building will span 60,000 square feet and provide a home for a variety of pediatric services and family practice groups, as well as office space for Baylor College of Medicine physicians. …Read Entire Post