San Antonio Project Roadmap
Here's a look at significant construction projects, from the Alamo Plaza and Lone Star Brewery redevelopment to much-needed highway expansions and the Spurs' swanky new training facility near La Cantera.
The projects listed below are expected to be finished within the next year to 15 years.
IN ONE YEAR
Navistar Truck Manufacturing
Navistar's investment in San Antonio includes an assembly plant, a logistics facility, and a separate location where electric trucks will be developed. The project's total cost, including land and plant equipment, is more than $250 million. It will be the manufacturer's second assembly plant in the United States (the other is Springfield, Ohio), and it is expected to create 600 jobs.
Downtown UTSA Campus
The $90 million, 167,000-square-foot building along San Pedro Creek will be completed this summer as part of a 10-year expansion of the university's downtown footprint as an economic development hub. It will house seven research centers, classrooms, laboratories, and offices for over 70 faculty members.
Tech Port Centre And Arena
The $65 million Tech Port Centre And Arena plans call for a 3,200-seat arena to host concerts, Esports, and education and industry events. The center, which is only seven miles from downtown, is expected to include a tech lab and a LAN gaming center and serve as an expanded home for the San Antonio Museum of Science and Technology. The museum will consist of a showroom where visitors can learn about the Port's 1,900-acre campus's aerospace, cybersecurity, robotics, and space-related innovations.
The Alameda Theatre
The cost of restoring the 1949 theatre at 318 W. Houston St. is estimated to be $37 million. The first phase, which began in 2020 and ended in 2021, included environmental and utility work. The second phase will feature the installation of flexible seating for up to 1,400 people, the installation of a thrust stage, and the restoration of black light paintings. A portion of the cost for that phase was intended to come from private fundraising, but that effort stalled during the coronavirus epidemic. Construction is scheduled to begin in spring 2022 and conclude in autumn 2023.
281 to Comal County
Construction is presently slated to be completed in 2023, after being delayed by environmental concerns, state budget constraints, and toll road opponents who have successfully kept it toll-free since 2000. The finished product will feature six main lanes and six frontage road lanes. The frontage roads will include bicycle and pedestrian amenities, and the HOV lanes will link directly to VIA's new 281 Park-and-Ride station under construction at Stone Oak Parkway.
Headquarters of Jefferson Bank
Milam Real Estate Capital LLC of San Antonio is developing the project at 1900 Broadway St., which will contain new headquarters for Jefferson Bank, situated on the Northeast Side, and space for other tenants. According to a file with the Texas Department of Licensing and Regulation, it will cost $62 million. It is expected to be completed in the second half of 2022.
WITHIN THE NEXT 5 YEARS
Malik Samara is developing one of the most intricate entrepreneur ios platforms preparing San Antonio to tap into a 178.8 billion dollar market… more to be announced soon.
The Alamo Plaza
Alamo Plaza is being renovated at $388 million. The city, Texas General Land Office, and Alamo Trust are the project's lead partners in the public-private partnership at the historic plaza, which was the site of a 13-day siege and battle for Texas independence. A $140 million museum and tourist center on the plaza's west side, including elements of the old Crockett and Woolworth buildings, is scheduled to open in 2026.
UT Health San Antonio Research Hospital
The 144-bed hospital will be erected on 12.2 acres of property provided by the San Antonio Medical Foundation at the South Texas Medical Center. It will be financed by the University of Texas System's capital improvement program.
The extended Loop 1604 will contain ten lanes, including two HOV lanes in the center that run both ways, four major lanes on each side, and space for bikes and pedestrians. Construction is anticipated to continue until 2026. New direct or fly-over links will replace the present and outmoded cloverleaf-style Loop 1604/I-10 junction.
WITHIN THE NEXT 15 YEARS
Lone Star Brewery
Houston-based Midway and local business GrayStreet Partners want to develop the 32-acre property across the San Antonio River from Roosevelt Park into a mix of residences, offices, restaurants, retail, art, and green space with links to the Mission Reach segment of the River Walk. According to municipal employees, it would stretch over 1 million square feet, and the developers want to spend $596 million.
Spurs Human Performance Campus
Spurs Sports & Entertainment commenced construction on a site near Interstate 10 and Loop 1604 in 2021, which will contain a Spurs training facility, a research center, a park, an outdoor event plaza, and office and medical space. The facility, called "The Rock at La Cantera," is anticipated to cost more than $500 million and employ over 1,700 people. It is unknown when it will be completed.
Continental Hotel and Soledad Apartments
According to city and county documents, Weston Urban intends to rehabilitate the Continental Hotel and Arana buildings, which are bounded by San Pedro Creek and Commerce, Dolorosa, and Laredo streets, for businesses, offices, and "creative lofts," and to construct a 15-story building with about 255 apartments in between the two buildings, for an $80 million project.
SouthStar Communities, located in New Braunfels, aims to create 4,000 single-family houses, multi-family units, and student apartments on 600 acres around the institution, according to its website. The VIDA development also includes 1 million square feet of commercial space, a town center, an urban plaza, and paths.
Dallas-based Provident Realty Advisors is collaborating with the San Antonio Housing Trust Public Facility Corp. to demolish the Friedrich complex at Commerce, Pine, Olive, and Gibbs streets and replace them with 358 units. The trust grants a property tax exemption in return for the developer adding apartments at lower income levels. The Friedrich Lofts complex will include:
It is unknown when the demolition will commence.
Greenways of Leon, Salado, and Medina
The 180-mile Howard W. Peak Greenway Trails System, which is less than halfway completed, has already preserved more than 1,600 acres of open space. San Antonio collected a 1/8-cent sales tax from 2000 to 2020 to finance hike-and-bike routes and facilities for leisure and transportation along rivers and streams. The system is named after a previous mayor and urban planner who proposed a ring of pathways to encircle the city.
Do you want to buy a house in San Antonio?
Hard Hat Real Estate does more than acquire and sell houses. First and foremost, we are San Antonians: specialists in our areas, directing our clients to the locations and properties that best suit their lifestyles. Let us know what you want, whether a quick sale or a new house, and we'll discover the best match.