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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Cibolo is a go – Aisin AW greenlights $400 million project, 900 jobs

The Japanese automobile components and technology company, Aisin AW, has confirmed plans on a $400 million project. This comes at the heels of Toyota Motor Corp. announcement for its $391 million investment in its current San Antonio truck manufacturing plant.

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University Health System plans new 12-story tower

New University Health Tower

San Antonio’s University Health System is proceeding with plans to build a 12-story tower at its main campus, located in the South Texas Medical Center.

Upon the late 2022 completion of the $500-million expansion, the new tower will hold the healthcare system’s inpatient women’s and children’s medical services and will offer two emergency departments for OB/GYN patients and children.  …Read Entire Post

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Hines to build 577K SF Industrial

Proposed Corner Ridge Crossing

Hines, the international real estate firm, recently announced that it will develop Corner Ridge Crossing, a master-planned, four-building, 576,800-square-foot light industrial business park in northeast San Antonio. The 45-acre property is located within Cornerstone Industrial Park and features direct access to Ackerman Road, less than one mile north of a full interchange on I-10.

Corner Ridge Crossing will be Hines’ first industrial project in San Antonio, and groundbreaking is anticipated in July with completion in the second quarter of 2020.

Corner Ridge Crossing will feature two rear-load buildings totaling 198,000 square feet, one 127,000-square-foot front-load building and one 252,000-square-foot cross dock building. The park will have direct access to a full I-10 interchange via Ackerman Road and to loop 410 via Cornerway Boulevard and feature Class A building characteristics including 28’-32’ clear height, ample car and trailer parking, and two points of ingress/egress. Corner Ridge Crossing will be able to accommodate tenants ranging in size from 19,000 square feet to 252,000 square feet. 

Corner Ridge Crossing will have space available beginning in Q1 2020.

Click to read full article: Hines to develop Corner Ridge Crossing in San Antonio (Hines press release, June 30, 2019)

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Power Center opening in Far West Side

80-acre development will feature 550,000 square feet of retail, including a long strip center and 14 pad sites

The Shops at Dove Creek is opening in a few months as the next power center on San Antonio’s Far West Side. This area has seen continued demand for big-box retail.

 

Portions of the land have been sold to users like KB Homes, Casey Development, and Flix Brewhouse LLC. Plans include a 170-unit subdivision behind the retail part of the development and an apartment complex.

 

The remaining 80 acres will include 

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$15 Million Gift and Downtown Land for UTSA

The University of Texas at San Antonio

The University of Texas at San Antonio has received a $15 Million gift to support their proposed School of Data Science. One of UTSA’s major component is to accelerate the development of its Downtown Campus as a destination for producing professionals in big data and analytics, advancing economic development in the urban core, and creating prosperity for San Antonio.

UTSA is also in discussions with the City of San Antonio and Bexar County for …Read Entire Post

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180,000-square-foot leased at Gateway10 Business Park

First building completed at Gateway10 Business Park near Interstate 10 and North Foster Road

XPO Logistics Inc. signed a lease for an entire warehouse at Gateway10 Business Park in Northeast San Antonio. The Class A distribution center broke ground in October and was completed in July. XPO will be occupying the first completed building in the development. The warehouse has a …Read Entire Post

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$62M worth of new data centers for Microsoft

A view behind the fence of Microsoft's Data Center Cluster on the edge of Bexar County.

A view behind the fence of Microsoft’s Data Center Cluster on the edge of Bexar County.

Microsoft filed plans to build three more data centers in the Far West Side, just over the Bexar County line. Each data center is planned to be 225,000 square feet to include a 14,000-square foot office space.

New development was seen at …Read Entire Post

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Area near Pearl gets rezoned to allow high-density development

The splash pad at The Pearl

The splash pad at The Pearl

Development firm that formed to build the Pearl, Silver Ventures, asked the city to rezone 7.9 acres of its land to “infill development zone” which will allow a variety of commercial and residential uses like high-rise offices, apartment buildings, bars and hotels.

Areas to be rezoned include …Read Entire Post

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Future Lynd HQ building breaks ground

Lynd HQ Rendering

Lynd HQ Rendering

Lynd broke ground on its future 35,000-square-foot corporate headquarters in Shavano Park. The headquarters will have a 1,200-square-foot military museum on the building’s ground floor, which will be …Read Entire Post

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Cavender office project on Broadway Street breaks ground

Architects and design team include Lake Flato and BokaPowell

Architects and design team include Lake Flato and BokaPowell

Hixon Properties Inc.’s Cavender office project on Broadway Street has broken ground.

The six-story, 140,600-square-foot office project is at the corner of Broadway and Eighth streets on the lot of a former Cavender Cadillac dealership. Along with the new office space, the building will feature …Read Entire Post

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