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

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City approves proposal to encourage economic development around the missions

A view of the area around Mission San Jose Thursday July 16, 2015.

A view of the area around Mission San Jose Thursday July 16, 2015.

City council favored a proposal which intends to encourage economic development around the missions. This proposal aims to clean up the area and clear way for new development to include retail businesses like coffee shops, restaurants and bookstores in need by South Side residents.

The city is raising the zoning designations of some properties to encourage greater density. The South Side is seeing …Read Entire Post

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Investment flows down Government Hill

RVK Architects rendering

RVK Architects rendering

A pair of local developers are planning a new redevelopment project in Government Hill along East Grayson St. called Grayson Heights. A five-story, 60,000-sf office building at 1422 E. Grayson St. will be converted to Class A space by T&J Venture. Renovations are expected to cost $5 million. Once renovated, the building will anchor …Read Entire Post

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Flix Entertainment buys lots in Far West Side

Flix_logoFlix Entertainment, a Round Rock-based microbrewery and movie theater chain, purchased a vacant plot within a future shopping center on the booming Far West Side.

Flix purchased the 5.9 acres along Loop 1604, three-quarters of a mile south of the Walmart Supercenter on Potranco Rd. from a partnership linked with local development firm Blackburn Properties.

The company identifies San Antonio as one of the markets where it is considering building a movie theater by 2021.

Click here to read the full article: Round Rock chain enters San Antonio market with land purchase on far West Side (San Antonio Express News, 7-13-18)

 

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Stevens Ranch retail project underway in Far West San Antonio

Stevens-Ranch-Floater-Bldg-with-Center-10-16-17_Scene-6Houston-based Weingarten Realty has started on the 25-acre retail part of the 2,400-acre Stevens Ranch community in the Far West sector. The site will include a 20,000-sf retail shell, five one-acre pad sites, and one 18.3-acre pad site.  Delivery is slated for the fall.

Tenants will include Supercuts, Quarry Nails, and Smilepoint Dental Group. Fulcrum Construction is the general contractor for the project, which was designed by Luna Middleman Architects.

Click here to read the full article: Weingarten Begins Work on 25-Acre Retail Project in San Antonio (Rebusiness Online, 4/16/18)

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CPS Energy to buy old Malibu site

Malibu Castle

Malibu Castle

CPS Energy agreed to purchase the Malibu Grand Prix & Castle site on the North Side for $6.8 million. The 14-acre property will be used to consolidate multiple CPS Energy worksites into one.

The board of trustees voted unanimously to approve the purchase of the property, which sits on the northern edge of the Interstate 10 and Loop 410 interchange.  …Read Entire Post

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Singing Hills Bringing Much Needed Services to Bulverde Area

Singing-Hills_A1The Singing Hills mixed-use development experienced a busy 2017 filled with exciting new developments.  The results of 2017 activity will become more apparent in 2018 as new construction gets underway and new services are added to the growing Bulverde area.

Within the next few months, construction in the commercial portion of the Walmart-anchored project, which is located at US 281 & Hwy 46, will include a 288-unit Multi-Family project, The Pillar’s Christian Early Learning Center and a 60,000 square foot medical professional building.  …Read Entire Post

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San Antonio approves Echo East project

Echo-East-ProjectThe San Antonio City Council recently approved the sale of a vacant 10-acre tract at 301 Spriggsdale (near the corner of E. Commerce St.) to the George Gervin Youth Center for the development of a $63 million mixed-use project called Echo East.  The parcel is adjacent to 9.1 acres owned by the youth center.  …Read Entire Post

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Credit Human receives $3 Million incentive package for move to Pearl

CreditHuman_LogoOn Tuesday afternoon, the Bexar County Commissioners agreed to a nearly $3 million, 10-year property tax break with San Antonio-based credit union Credit Human for the construction of its new, 10-story headquarters at Pearl.

…Read Entire Post

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A new $70 million facility is coming to the Medical Center

The Sam and Ann Barshop Institute for Longevity and Aging Studies now resides at UT Health’s 186-acre Texas Research Park Campus on the far West Side. University officials said the new location across from the Greehey Academic and Research Campus will centralize operations and permit more collaboration between the institute and San Antonio’s medical community. …Read Entire Post

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Hixon Properties and Cavender family team up for new Broadway project

Hixon Properties Inc., in partnership with the Cavender family, announced plans for the first phase of a sustainable, walkable urban neighborhood project on the site of the former Cavender Cadillac dealership on Broadway and 8th streets. …Read Entire Post

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