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

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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