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What’s New in San Antonio:
San Antonio-based real estate developers are flocking to Alamo City to capitalize on the city’s growing population and flourishing economy. Here’s a look at the multifamily and mixed-use development projects on the horizon.
New Apartments in New Braunfels
ParHaus, the built-to-rent arm of Dallas-based developer Provident Realty Advisors, has announced plans for a 330-unit multifamily project in neighboring New Braunfels. Having previously focused on single-family units, the firm aims to capitalize on the continued demand for rental properties in the area by adding its first multifamily project to its line of build-to-rent communities.
Oxbow Moves Forward with Mixed-Use Project
Oxbow Development Group, the San Antonio-based developer of The Pearl, is proceeding with plans for a 9-story mixed-use property containing 250-275 multifamily units alongside office and retail space on the ground floor. The development will be the firm’s fifth apartment project in San Antonio. Construction is expected to begin in early 2024 and conclude in 2026.
Alamo City Welcomes 12 New Projects
Several San Antonio developers are working on several exciting multifamily projects. Among these projects is the redevelopment of the old Continental Hotel by local development giant Weston Urban, a 16-story project that will include 255 apartments, and the construction of a massive new community near Texas A&M University’s Southside campus. Ten more exciting ventures are also in the works, adding to the area’s residential infrastructure and providing new housing, shopping, and recreational opportunities for local residents.
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