News Summary
San Antonio’s downtown is set for significant transformation with the Weston Urban development team announcing renovations to historic buildings, including the Continental Hotel. A new high-rise residential tower featuring 290 apartments will complement these efforts, alongside an educational facility from UTSA focused on business and technology. The project aims to honor local history while promoting inclusivity by reserving some apartments for low-income residents, ultimately creating a vibrant community space.
Exciting Changes Coming to Historic Downtown San Antonio
San Antonio is buzzing with excitement as the Weston Urban development team rolls up their sleeves to revitalize some cherished historic buildings in the heart of downtown. This impressive project is not just about refurbishing the past; it’s about creating a vibrant future for the area, and there’s lots to talk about!
Three Historic Buildings and A New High-Rise
Renovation efforts are focused on three beloved historic buildings, including the iconic Continental Hotel located at 322 W. Commerce St. Alongside this, two other historic structures will be receiving a much-needed facelift. But that’s not all! In the middle of these rejuvenated historic gems, a brand-new 16-story residential tower is taking shape, promising to host an impressive 290 apartments. This sleek high-rise is expected to be ready for residents by the end of this year, adding a modern twist to the charming backdrop of downtown San Antonio.
A Hub for Learning and Innovation
Adding to the excitement, the University of Texas at San Antonio (UTSA) is also getting in on the action with their upcoming structure named San Pedro II. Located just across the street from the development, this building will feature state-of-the-art programs focusing on business, computer engineering, hardware and software development, and science research. Set to open its doors this fall, San Pedro II will surely become an educational landmark in the area.
Ground Floor Retail and Furnished Spaces
When it comes to amenities, the renovated Continental Hotel will boast about 15,000 square feet of retail space on the ground floors of both the Continental and Arana buildings, offering plenty of shopping and dining options right at your doorstep. Plus, the upper floors of the Continental Hotel will feature 28 furnished residential units, perfect for those looking for convenience without sacrificing style. The nearby Arana building, dating back to 1926, will also find new life with office space on its second story post-renovation, making it an attractive location for local businesses.
Embracing Historic Significance
The project also honors the area’s rich history with the restoration of the Melchio de la Garza house, a significant site from the Texas Revolution. This addition will not only preserve the historical essence of the area but will also enhance the landscaping surrounding the site, offering a beautiful green space for residents and visitors alike.
Community Focus and Revitalization Efforts
As part of this redevelopment effort, Weston Urban is collaborating with the Bexar County Public Facility Corp. to obtain a full property tax exemption. In exchange, the project will dedicate at least half of the new apartments to low-income residents, ensuring that the revitalization benefits everyone in the community. It’s a refreshing approach to urban development that prioritizes inclusiveness.
A Plan for the Future
The area has been underutilized for far too long, with many buildings left empty and neglected. However, improvements to San Pedro Creek are also on the agenda, featuring newly designed walking paths, benches, and stunning murals. These enhancements are part of a larger plan to connect the vibrant hubs between City Hall and Market Square, making it easier for everyone to enjoy all downtown has to offer.
Looking Ahead
Developer James Lifshutz foresees a significant shift in urban development in San Antonio by 2025 and 2026, as projects like these continue to breathe new life into the area. Weston Urban’s previous achievement, the 300 Main building, which became the tallest residential tower in San Antonio when completed in 2022, sets a promising precedent for this upcoming venture. With a focus on fostering urban living experiences that cater to students, faculty from UTSA, as well as employees from local hospitals and government offices, San Antonio’s downtown is on the brink of an exciting evolution.
Stay tuned for more updates as this vibrant transformation unfolds in the vibrant city of San Antonio!
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Additional Resources
- San Antonio Express-News: Weston Urban Project
- Wikipedia: San Antonio
- The Real Deal: Weston Urban Expansion
- Google Search: San Antonio urban development
- Community Impact: New Weston Urban Development
- Google Scholar: urban development San Antonio
- SA Heron: New Mixed-Use Project
- Encyclopedia Britannica: San Antonio real estate
- Virtual Builders Exchange: Riverfront Project
- Google News: San Antonio development