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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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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 the vacant Samuels Glass Co. warehouse and about 3 acres near the Museum Reach stretch of the River Walk.

Within the last couple years, a food hall, a jazz bar and the Hotel Emma luxury hotel have opened there, as well as the tony Cellars at Pearl apartment complex.

Click here to read the full article: Pearl gets room to grow (San Antonio Express News, September 4, 2018)

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Starbucks inks deals for two North SA build-to-suits

Starbucks groundbreaking, Thursday 6/16.

Starbucks groundbreaking, Thursday 6/16.

North San Antonio customers will have an easier time getting their Starbucks coffee fix now that the retailer has closed on leases for two new stores.

With one at 16101 San Pedro Ave. and the other at the intersection of Loop 1604 and Huebner Road, each site is just a freeway exit away from existing Starbucks locations. …Read Entire Post

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From Ditches To Riches: The Artful Restoration Of San Pedro Creek

New development to begin along San Pedro Creek

New development to begin along San Pedro Creek

A new River Walk-style development along San Pedro Creek is moving closer to reality.The goal is to complete the first part of the $175 million project in time so Phase 1 will open as the city celebrates its tercentennial in 2018.

“We hope to break ground this summer and start construction get the first phase done by May 18 2018 which is our 300th anniversary,” said Bexar County Judge Nelson Wolff. …Read Entire Post

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Lone Star Brewery developers fine-tune site plan and tap Peloton for office listing

Lone Star Brewery Development plans

Lone Star Brewery Development plans

Now that the Lone Star site’s owners have brought on a development partner, plans to create the mixed-use hub the city has been waiting for are falling into place so quickly, the team has even brought on Peloton Commercial Real Estate to start building up interest for future office space at the former Southtown brewery.

Lone Star Brewery’s master plan is expected to include roughly 116,000 square feet of office space, surrounded by a mix of retail, restaurant, hotel, entertainment and multifamily. …Read Entire Post

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Whataburger buys property next to North Side headquarters

whataburger_concordWhataburger has bought a 2.4-acre property with a three-story building next to its North Side corporate headquarters through a subsidiary controlled by company executives.

The San Antonio-based burger chain bought the building at 400 Concord Plaza Dr. last month from OI Rehab LP, according to county property records. The 50,000 square-foot building is currently home to the Orthopaedic Institute.

…Read Entire Post

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H-E-B Market at Stone Oak debuts

The H-E-B Market at Stone Oak (80,000 sf) recently opened at 23635 Wilderness Oak in the Far North community of Stone Oak.

At the same time, Oaks Crossing, the company’s first full-service restaurant inside a local H-E-B store, also opened.  The restaurant will serve lunch and dinner, a selection of wines and Texas craft brews.  The menu will feature barbeque, Neapolitan-style pizzas, hot and cold sandwiches, salads, pasta bowls, Mexican food, hamburgers and desserts.

The new Stone Oak store features the …Read Entire Post

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La Madeleine cooking up plans for new cafés in San Antonio

Dallas-based La Madeleine Country French Café has announced that it plans to open eight new stores in the greater San Antonio area over the next several years.

Each store employs around 30 people. At eight stores, that equates to another 240 jobs. …Read Entire Post

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Golden Chick is spreading its wings in the Alamo City

Allen Tharp is expanding the Golden Chick brand for local diners. The businessman recently closed on 34,000 square feet of land along Pat Booker Road in the city of Live Oak, on the far Northeast Side, where he will develop a new Golden Chick restaurant.  The Live Oak site marks the fifth Golden Chick deal for Tharp, according to Michael Garansuay, an associate in the retail division of United Commercial Realty San Antonio, and Tharp’s real estate broker. To date, Tharp has three stores up and running — at City-Base West and at McCreless Market on the Southeast Side; and in the city of Cotulla, which is located about 90 miles south of San Antonio.

Store number four, at Loop 1604 and Potranco on the far West Side, is presently under construction, says Garansuay, adding that Tharpe also has a site under contract in La Vernia — just east of San Antonio.  All told, Garansuay and Tharp have identified 16 core intersections/trade areas that hold potential for the Golden Chick brand.

Click to read full article: Golden Chick is spreading its wings in the Alamo City (San Antonio Business Journal, 11-2-12)

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Construction to begin on Walmart-anchored Town Centre in Helotes

Helotes Town Centre

It may have taken a bit, but a delayed retail project in the city of Helotes is certainly gaining traction now.  Tom Rohde, vice president of locally based Rohde Ottmers & Siegel Realty Services, has announced that construction will soon begin on the Helotes Town Centre.  That work will include turning dirt on a new Walmart Supercenter that will anchor the project. The store, which will measure 150,000 square feet, is expected to open in the fall of 2013.  The Town Centre will be located along Bandera and Leslie roads, in the city of Helotes, which borders Northwest San Antonio.

In addition to the Supercenter, another 27,000 square feet of shop space and restaurants is also planned for the project.  Tenants that have signed on to the project so far include Kentucky Fried Chicken, Taco Bell, Great Clips and the Cash Store.

Click to read entire article: Construction to begin on Walmart-anchored Town Centre in Helotes (San Antonio Business Journal, 10-19-12).

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Hasslochers mixing old and the new in latest development venture

Magic Time Machine

One of San Antonio’s most established names in the restaurant industry is embarking on a multimillion-dollar plan to revive some real estate on the city’s North Central Side.

On Sept. 3, Hasslocher Enterprises closed on 6.5 acres of land along Loop 410, between Broadway and Nacogdoches roads. It is the site of several structures — including an office building, the Petroleum Center; and well-known restaurant The Magic Time Machine. …Read Entire Post

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