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-   -   SAN ANTONIO │ Lone Star Brewery Redevelopment Thread (https://skyscraperpage.com/forum//showthread.php?t=219675)

jaga185 Nov 3, 2016 1:18 AM

Quote:

Originally Posted by kornbread (Post 7611090)
Off Topic...

WRT Mala Luna; Was that show successful?
Whatever happened to Sunken Gardens? Would that work?

I always liked that site to see shows.

Apparently it sold out, so that's a good thing.
I'm not sure if SG would work, but who knows.

sirkingwilliam Nov 3, 2016 2:33 AM

Quote:

Originally Posted by kornbread (Post 7611090)
Off Topic...

WRT Mala Luna; Was that show successful?
Whatever happened to Sunken Gardens? Would that work?

I always liked that site to see shows.

Promoters were hoping for 8,000 people. They got 30,000. To say it was successful is an understatement.

That was during a weekend that also saw the Alamo City Comic Con going on too.

Big weekend for downtown.

Keep-SA-Lame Nov 3, 2016 1:49 PM

lol @ the placeholder names in the first rendering. Anthroroly and Clothing Outfitters are two of my favorite retail establishments.

aggie2008 Nov 17, 2016 2:13 PM

eNRP Group to build first apartment complex at Lone Star
 
Express News article this morning about NRP group doing the first multifamily development at Lone Star. They are planning 250 units, no design or anything yet. One interesting quote:

Lone Star “will be one of the densest parts of the city. It’s going to change the center of gravity,” Markson said. “I think it’s going to happen even more rapidly than the Broadway corridor and the Pearl.”

I hope it really does go that quick!

http://www.expressnews.com/real-esta...t-10619281.php

sirkingwilliam Dec 17, 2016 8:49 AM


SAtown Dec 20, 2016 7:27 PM

Quote:

Originally Posted by sirkingwilliam (Post 7654262)

Soulless.... Looks exactly like the "Encore" one planned for Acequia Plaza...

jaga185 Dec 20, 2016 9:22 PM

At least this one has a bit of retail. lol

But yeah, i'll agree we are definitely starting to see a basic San Antonio style ... but like, i don't hate it.

The Model Feb 14, 2017 3:59 PM

[IMG]https://c1.staticflickr.com/3/2593/3...f77aeb37_b.jpgLone Star Brewery by Raul Medina III, on Flickr[/IMG]

Up to date aerial view of the project. Now I have the before, and in a few years will have the after photo!!!!

TexHorn Feb 14, 2017 10:12 PM

Quote:

Originally Posted by The Model (Post 7711467)
[IMG]https://c1.staticflickr.com/3/2593/3...f77aeb37_b.jpgLone Star Brewery by Raul Medina III, on Flickr[/IMG]

Up to date aerial view of the project. Now I have the before, and in a few years will have the after photo!!!!

Great photo. I know the site is fairly large, but it looks smaller than I thought it to be. I'm sure once all the new buildings are in it will feel much larger.

PDG91 Jun 15, 2017 7:27 PM

Well, this sucks. Plans to redevelop Lone Star Brewery has now come to a halt.

https://therivardreport.com/lone-sta...-a-standstill/

jaga185 Jun 15, 2017 8:51 PM

I mean... they could beg Silver Ventures, haha

jaga185 Aug 15, 2017 4:32 PM

Looks like they are going to continue building those apartments after all, even if the project is stalled.

http://www.mysanantonio.com/real-est...y-11818641.php

Spoiler Aug 18, 2017 2:12 AM

Lone Star may be back on, as it appears Aqualand no longer owns it, if I'm reading this right:

http://www.mysanantonio.com/real-est...photo-13159002

Restless 1 Aug 18, 2017 4:55 PM

Seems right to me
 
Quote:

Originally Posted by Spoiler (Post 7896611)
Lone Star may be back on, as it appears Aqualand no longer owns it, if I'm reading this right:

http://www.mysanantonio.com/real-est...photo-13159002

This has gone too far to stall now, especially with the apartments project moving ahead. You'd have to be a fool to not get into the retail here if you can afford it.

jaga185 Nov 2, 2017 5:40 PM

After $300M development plans fall through, S.A.'s Lone Star Brewery to be auctioned

Guess it's officially dead, yall.

Spoiler Nov 3, 2017 12:59 AM

I can't wait to see who buys it.

Spoiler Nov 8, 2017 9:38 PM

Lone Star didn't get auctioned after all.

"Local lawyer Dale Weyand said in an email that he had been instructed to “pull the sale” by NCC Financial, a Houston firm that loaned the $7.4 million to the brewery’s owner, Lone Star Brewery Development Inc., in 2015."

http://www.mysanantonio.com/real-est...n-12335761.php

I wish I knew what this means for the property.

jaga185 Feb 15, 2018 6:34 PM

Up for auction again...

Quote:

Lone Star owner faces foreclosure for third time in four months

The 32-acre property will be sold on the steps of the Bexar County Courthouse on March 6 after the subsidiary, Lone Star Brewery Development Inc., defaulted on a $7.4 million loan, according to county property records and foreclosure listing service RexReport.

micahinsa Feb 16, 2018 11:40 AM

Quote:

Originally Posted by jaga185 (Post 8086953)
Up for auction again...

Do they literally do auctions on the steps of the courthouse?

Surely there's something more formal than that when this kind of money is in play.

AwesomeSAView Feb 16, 2018 6:05 PM

Quote:

Originally Posted by micahinsa (Post 8087841)
do they literally do auctions on the steps of the courthouse?

Surely there's something more formal than that when this kind of money is in play.


lol!!:)

Spoiler Mar 6, 2018 11:26 PM

Welp.

https://www.expressnews.com/real-est...h-12729872.php

“Everything’s been paid off — no more foreclosure,” he said. Parkview is “looking now at talking to some other potential development partners and get the project restarted again.”

AwesomeSAView Mar 7, 2018 1:20 AM

Quote:

Originally Posted by Spoiler (Post 8110256)
Welp.

https://www.expressnews.com/real-est...h-12729872.php

“Everything’s been paid off — no more foreclosure,” he said. Parkview is “looking now at talking to some other potential development partners and get the project restarted again.”


Keep your fingers crossed!!
This is an interesting development!!!:cheers:

jaga185 Mar 7, 2018 2:32 PM

I'm kind of happy, hopefully they can start from scratch and make it even better. If they do build a theater there again, I want them to build and Alamo Drafthouse... I think that kind of fits for our city. Just my opinion though.

Spoiler Jan 7, 2020 9:39 PM

Remember when Lone Star was gonna be redeveloped? Me neither! The developers have declared bankruptcy.

https://www.expressnews.com/real-est...m_campaign=123

"The property’s owner filed for Chapter 11 reorganization Monday, a day before the development was scheduled to be sold at a foreclosure auction.

Lone Star Brewery Development Inc., a subsidiary of Houston investment firm Parkview Capital Credit, reported $30 million cash on hand and debts of $27 million. The brewery and an adjacent property, which together total roughly 32 acres, are appraised at $30 million, according to a bankruptcy petition.

However, the Bexar Appraisal District valued the properties at 500 and 600 Lone Star Blvd. at $11 million, property records show."

jaga185 Jan 8, 2020 1:49 AM

Hopefully, the buyer will make something of this. I still think an Alamo drafthouse will work wonders there.

LSPaul Apr 24, 2020 8:48 PM

Reboot?
 
From the Express-News

GrayStreet wants to buy former Lone Star Brewery complex


Madison Iszler April 23, 2020 Updated: April 23, 2020 5:29 p.m.

https://s.hdnux.com/photos/01/11/57/...13/9/940x0.jpg

The owner of the former Lone Star Brewery complex has a buyer lined up, but it’s unclear whether a deal will be completed by a May 1 deadline.

An affiliate of GrayStreet Partners, a San Antonio development firm, wants to purchase the roughly 32-acre property for $17.25 million from Lone Star Brewery Development Inc.

Lone Star filed for bankruptcy protection in January, stopping a foreclosure auction of the complex at 500 and 600 Lone Star Blvd. It is trying to sell the property for at least $13.5 million.

More at https://www.expressnews.com/real-est...photo-19332613

sirkingwilliam Apr 25, 2020 2:22 AM

This is exactly what I had hoped would happen. Look for them to try and make this the Pearl of the south side. If they buy it, They’re gonna take their time with development here. It’s gonna transform the near south side.

The Model Apr 25, 2020 3:33 PM

I pray for a rooftop restaurant on top of the Lone Star! The view of the skyline of San Antonio from there is amazing!

Tornado Apr 25, 2020 11:35 PM

I think your optimism is a little too high for Gray Street there King William. They would be the last developer I'd want to buy that site.

sirkingwilliam Apr 26, 2020 5:05 AM

Quote:

Originally Posted by Tornado (Post 8904260)
I think your optimism is a little too high for Gray Street there King William. They would be the last developer I'd want to buy that site.

I greatly greatly disagree. But you’re entitled to feel the way you do.

sirkingwilliam Apr 26, 2020 8:15 AM

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

Tornado Apr 27, 2020 2:24 PM

Quote:

Originally Posted by sirkingwilliam (Post 8904508)
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.

kingkirbythe.... Apr 29, 2020 5:26 PM

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.”

UrbanTrance Apr 29, 2020 6:19 PM

This one can’t catch a break

Spoiler May 1, 2020 12:24 AM

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/

sirkingwilliam May 1, 2020 12:46 AM

Oh yeah! Sounds good to me.

AwesomeSAView May 2, 2020 3:11 AM

Good news!!!!:cheers:


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

JACKinBeantown May 2, 2020 12:21 PM

Quote:

Originally Posted by AwesomeSAView (Post 8910421)
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?

Txdev May 2, 2020 4:23 PM

Quote:

Originally Posted by JACKinBeantown (Post 8910563)
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.

AwesomeSAView May 2, 2020 8:00 PM

Quote:

Originally Posted by JACKinBeantown (Post 8910563)
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?

Face masks, gloves, etc,,,,,

Don't go?,,,

:cheers::shrug:

JACKinBeantown May 3, 2020 12:57 AM

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

Spoiler May 3, 2020 1:52 AM

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.

sirkingwilliam May 3, 2020 5:21 AM

Ok fellas. Covid discussion can take place elsewhere please.

Restless One May 3, 2020 5:44 AM

Quote:

Originally Posted by Spoiler (Post 8911082)
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.

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...

Restless One May 3, 2020 5:49 AM

Reply to Jack moved here:

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

Tornado May 7, 2020 2:48 PM

Quote:

Originally Posted by Spoiler (Post 8911082)
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.

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.

Spoiler May 8, 2020 1:17 AM

Quote:

Originally Posted by Tornado (Post 8915068)
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:

Quote:

“The history is critical,” Covey told me. “Southtown, King William, the Lavaca area, South Presa, South Roosevelt, these places were the oldest parts of our city. They have a tremendous amount of history that we need to embrace. It’s the kind of character and authenticity you can’t buy. We will complement and augment that."
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).

Tornado May 8, 2020 3:26 AM

Quote:

Originally Posted by Spoiler (Post 8915709)
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??


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