Address

303 Pearl Parkway #300
San Antonio, TX 78215

Silver Ventures is a private equity firm led by San Antonio native Christopher “Kit” Goldsbury. Silver Ventures is best known for its mixed-use, master-planned community developed from the ruins of the former Pearl Brewery.

Silver Ventures

San Antonio-based Silver Ventures is an equity investment firm that uses its diverse skills and resources to build small food companies into large enterprises. Goldsbury has a food background — he was married to Linda Pace, whose parents founded Pace Foods, and he was the president of the company before he sold it to Campbell Soup for $1.1 billion.

Silver Ventures purchased the Pearl Brewery property in 2002 and began executing Goldsbury’s vision of developing a food-focused neighborhood where restaurants could attract and groom local chefs (like Andrew Weissman and Johnny Hernandez) and elevate them to an international stage. The 22-acre former industrial site just north of downtown called “The Pearl” is now viewed by locals as San Antonio’s leading urbanist destination.

The Culinary Institute of America, opened its third campus here based in part on the location’s proximity to Latin American cooking influences. The actual Pearl Brewery building now is home to the Hotel Emma, a 5-star hotel that is now the development’s leading amenity.

some highlights from their portfolio include:

: Listening to music at the Pearl, courtesy photo

Silver was founded by the management team that grew Pace Foods from a $13 million regional Picante sauce company into a $250 million category leader, which then was sold to Campbell Soup for $1.1B. Silver Ventures invests in middle-market food companies and is interested in investing throughout the food industry. Founder Christopher Goldsbury also heads the Goldsbury Foundation.

Silver Ventures has been involved in San Antonio real estate projects including the Pearl Brewery project and two high-end hotels developed with Hixon Properties Inc., the Westin Riverwalk, and the Hotel Contessa.

Having drinks at Sternewirth in Hotel Emma at the pearl, courtesy photo

Silver Ventures holdings comprise of a mixed portfolio of commercial and residential properties. Highlights of their Pearl properties include:

The Hotel Emma is ranked at No. 10 in the U.S. News and World Report’s list of the 50 best hotels in the USA in 2020
The Can Plant Residences at Pearl
Southline Residences at the Pearl
Cured restaurant (former Pearl’s Administration Building)
Southerleigh Fine Food and Brewery
Bakery Lorraine

An updated comprehensive listing of restaurants, cafes, and bars at the Pearl is available here.

Oxbow building ceramic mural is installed, courtesy photo.

Other Silver Ventures properties:

The Oxbow at 1803 Broadway Street
Sam’s Burger Joint on E. Grayson Street
Down On Grayson on E. Grayson Street

RECENT MEDIA COVERAGE ON SILVER VENTURES

For more background on Silver Ventures and their role in developing San Antonio’s downtown district: