Construction to start on downtown San Antonio's first residential high-rise
Weston Urban expects to begin work on its $107 million high-end apartment building by mid-2021, to be completed over the next two years. The proposed 32-story tower, located at 305 Soledad St., will be downtown San Antonio's first residential high-rise building. The average size of the 351 apartments is expected to be 925 square feet for the market-priced units.
All of the tower’s 351 apartments, ranging from 535-square-foot efficiency to a 2,000-square-foot penthouse, will be priced at market rate. The average unit size will be 925 square feet.
Universal Services Group
New Dream Hotel to Anchor Mixed-Use Riverwalk Development
Universal Services Group, the developer behind the recently completed Thompson Hotel and Arts Residences, reached an agreement in December with the City of San Antonio that paves the way for a $400 million development in the center city. Construction on the Riverplace development on five parcels of land on both sides of the San Antonio River Walk is expected to start in 2022. The mixed-use development will include a multi-family residential property, a condominium, and an office building, all about 20 stories in height, with retail components and garage parking. The development will be anchored by a Dream Hotel and another hotel designed for business travelers. A tech-oriented office building is also planned along with a condominium.
Sam Panchevre, Guido Construction, and Overland Partners
Historic Aztec Theatre Owner Renovated Building for Office Tenants
More than 30,000 square feet of space at the Aztec Theatre is ready for a single tenant or multiple users to finish out. In addition to renovating the offices, the project team added a 1,400-square-foot terrace above Crockett Street overlooking the River Walk. The terrace — which the theater's operator Live Nation plans to operate as an outdoor bar, according to the building owner — connects to the theater and the sidewalk. Sam Panchevre, the owner of Sam's Burger Joint, acquired the 112,000-square-foot building in 2014. Local companies Guido Construction and Overland Partners were involved in the project.
New apartment complex in former Continental Hotel
Weston Urban and Bexar County are partnering on an apartments project at the former Continental Hotel in Zona Cultural. The new 250-unit apartment complex will be mixed market-rate and affordable units near UTSA's downtown campus and San Pedro Creek. The residential steel-over-concrete podium building will come with a parking garage.