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

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East Side’s call to developers — build it now, or it will cost you

Another push for buying real estate in San Antonio eastside.

Another push for buying real estate in San Antonio eastside.

Developers, brokers and anyone with a stake in San Antonio’s real estate market squished into the Alamo Beer Company yesterday not for the beer, but to listen to yet another argument for why they should start taking a serious look at building on the East Side.

It’s an argument many may have thought they’d heard before, but at San Antonio for Growth on the Eastside’s Developer Open House, it was clear the area is changing. And fast.

A panel discussion including Terramark Urban Homes CEO Charlie Turner, The NRP Group’s Senior Vice President of Development Dan Markson, local Realtor Sylvie Shurgot and DH Realty Partners’ Charles Jeffers spoke to the Topo Chico-sipping crowd about their own start in the area, how quickly the area is changing and how they all expect prices to continue to surpass anyone’s expectations.

The local Realtor, who focuses on the Dignowity Hill area, said the spurt of demand for both vacant lots and dilapidated single-family homes will continue to push values and selling prices in the area upward.

“New development begets other new developments,” Turner said. “Successful projects give everyone confidence. We see it as a fertile area that will only continue to grow.”

Click here to read the full article: East Side’s call to developers — build it now, or it will cost you San Antonio Business Journal 6-15-2016

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