I’m definitely interested in hearing why you feel that way.

Sure. I just think there are more capable developers out there who have a proven track record of developing large scale projects like this one would be.

I have yet to see a large scale project that Gray Street has completed. The Light/Print building seems to be stuck and not nearing completion. This crew owns some great properties but do they have bandwidth to do a large scale redevelopment like Lone Star would require?

A group like Silver Ventures, Embrey, or Weston Urban could be great. Or a developer like Endeavor Real Estate Group out of Austin who was behind The Domain development.

https://www.expressnews.com/real-est...e-15232516.php

“ Sale of former Lone Star Brewery complex falls through

A deal to sell the former Lone Star Brewery complex to a local developer fell through, likely sending the star-crossed property into the hands of one of its lenders, barring any unforeseen twists.”

This one can’t catch a break

A bankruptcy judge has authorized the sale of the Lone Star Brewery complex south of downtown to a local developer for $14.45 million.

The deal between the brewery’s owners, Lone Star Brewery Development, and GrayStreet Acquisitions, a subsidiary of the development company GrayStreet Partners, will close on Friday.

“We’re looking forward to acquiring it tomorrow and writing a new chapter for the Lone Star Brewery,” said Kevin Covey, GrayStreet’s managing partner.

https://therivardreport.com/sale-to-...-brewery-saga/

Oh yeah! Sounds good to me.

Good news!!!!:cheers:


Life is coming back to SA!!!:cheers::yes::tup:
After two months of ........
Go away Covid-19......

Serious question: When construction workers all have to use the same portable toilets in a small enclosed space, how is that safe with a highly contagious airborne virus?

Probably the same as other bathrooms: clean regularly, spray Lysol disinfectant, etc.

Face masks, gloves, etc,,,,,

Don't go?,,,

:cheers::shrug:

^^ Is that what the epidemiologists you know told you? :d

Hey, if it's any consolation, it'll probably be years before they even start on Lone Star, considering the lineup of projects that they've barely begun, including the twenty-story tower and the multi-acre project east of Pearl. So those construction workers will be dead of old age long before they have to worry about catching a virus from a toilet seat.

Ok fellas. Covid discussion can take place elsewhere please.

Yup, Gray Street has been long on promises, and short on results.

But, as long as the lake remains, I can wait, and wait, and wait...

Reply to Jack moved here:

http://skyscraperpage.com/forum/show...22#post8911222

Yep, Gray Street has yet to instill any confidence that they have the wherewithal to deliver product to market. They are great at buying property though, I'll give them that.

I will say this in defense of GrayStreet: they are a local company and they "get" what should happen with the development. Quoting from a recent SABJ article:

https://www.bizjournals.com/sananton..._news_headline

I believe GrayStreet will produce a development that is sensitive to the area and will complement the neighborhoods around it, which are some of the most interesting parts of the inner city (assuming they will ever do anything).

Yes, their plans are always fantastic and I have gotten excited each time they announced what they proposed to do...but then nothing. If their goal is to be developers, then develop. If they are holding assets to flip them at a later date...then that’s fine too but be upfront about it and don’t grandstand us with plans of what could be. These guys own prime real estate...i hope they do something with it. That W hotel could be such a great project...can you imagine that kind of corner anchor??

Midway of Houston and GrayStreet of San Antonio are proposing a large scale mixed use development on former alone Star Brewery site.

LOVE IT!!!!!
Let's hope this one sticks!!!!
Love the canoeing on the SA river nearby!!!:cheers::yes::tup: