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-   -   SAN ANTONIO | Urban Core Development Thread (https://skyscraperpage.com/forum/showthread.php?t=129468)

texboy Aug 26, 2007 5:46 PM

I spoke with a developer of which I will not mention a name, that is very big on the San Antonio market. Hes saying that right now, San Antonio is the very best place to purchase real estate right now in Texas, especially close to downtown, bc within the next few years, the market is going to become very hot for property in and around downtown. He called San Antonio the "sleeper" market for Texas....but it won't be sleeping for very much longer.

So no fear guys, San Antonio will have its day! If I had the money, Id be putting it on San Antonio!

adtobias Aug 26, 2007 5:59 PM

I feel the same way. but there is not much to buy right now that is under 250 000

ydoc14 Aug 26, 2007 7:38 PM

Quote:

Originally Posted by METALMiKE (Post 3032116)
wow.that is an awesome pic.try pm-ing the guy to ask him.:)

I saw that you left him a comment, I hope he has bigger sizes and will post them or send them to you!

Just out of curiosity, you or any of the other guys on here who live in SA wouldn't happen to be really bored right now and want to drive over to the Hillcrest area and take some pics would you :cool:

ydoc14 Aug 26, 2007 7:49 PM

elmariachi, I just found this one of yours on Flickr...it's great!!!!!!!!!

http://farm2.static.flickr.com/1056/...fb729449_o.jpg

METALMiKE Aug 27, 2007 3:04 AM

Wow that pics awesome.

Complex01 Aug 31, 2007 2:10 PM

Its a holiday weekend. I hope someone is going to DT and take some updated pics. Please...

:yes:

adtobias Aug 31, 2007 3:40 PM

well maybe we can get usaa to start investing in d/t sa

ydoc14 Sep 3, 2007 5:21 PM

New pic of the Grand Hyatt from Market Street...looking good from this view :banana:

Taken by arellis49 @ Flickr
http://farm2.static.flickr.com/1243/...1e12c5e600.jpg

http://farm2.static.flickr.com/1243/...1e12c5e600.jpg

ydoc14 Sep 3, 2007 5:53 PM

The Grand Hyatt can be seen from this latest pic of DT from I-10 around Durango. This is another pic that I wish was in a bigger size but isn't :( ... just look how incredible Tower of the Americas looks against those majestic clouds :slob:

http://www.flickr.com/photos/deeznikon65/1260081799/

sirkingwilliam Sep 4, 2007 9:00 AM

Quote:

Originally Posted by ydoc14 (Post 3045914)
New pic of the Grand Hyatt from Market Street...looking good from this view :banana:

Taken by arellis49 @ Flickr
http://farm2.static.flickr.com/1243/...1e12c5e600.jpg

http://farm2.static.flickr.com/1243/...1e12c5e600.jpg

I absolutely love the density of downtown when driving east on Market St. It's amazing.

KevinFromTexas Sep 5, 2007 11:42 AM

Quote:

Originally Posted by ydoc14 (Post 3045962)
The Grand Hyatt can be seen from this latest pic of DT from I-10 around Durango. This is another pic that I wish was in a bigger size but isn't :( ... just look how incredible Tower of the Americas looks against those majestic clouds :slob:

http://www.flickr.com/photos/deeznikon65/1260081799/

Nice. Those clouds are cool. You can't beat the Texas summertime thunderstorms that blow up during the heat of the day like that. We don't have mountains like they do in Colorado, but we sure do have some huge thunderstorms.

ydoc14 Sep 11, 2007 8:22 PM

I found this article on the internet. It's a year old but gives some hope that an AT&T tower might be in the future.

• Real Estate Experts Anticipate AT&T and BellSouth Merger Will Generate Need in San Antonio
Monday, March 13 2006 @ 06:56 PM Central Standard Time


AT&T announced that they plan to acquire BellSouth Corporation. The deal is valued at $67 billion. The deal, according to Real Estate professionals, could bolster the market in San Antonio for more commercial space. The optimism is cautious, at this time. It’s too early to tell if it will bring new employees to the area.

AT&T spokesman Walt Sharp said, “It is too early to say anything.” This was in response to questions about expanding need for new space in downtown.

It is estimated that the merger would take a year to complete, once all the regulations are met. Still, given the presence in San Antonio, the outlook is good, real estate insiders say.

"I don't think anything is automatic just because of a merger," explained Kim Gatley, director of research for REOC Partners Ltd. "But it is reasonable to assume that, given AT&T's presence here, we'll see some expansion -- to what degree, I don't know yet."

If AT&T should begin needing more space, such a move could lead to the corporation building its own campus.

"There's always been noise to that effect," said REOC Senior Vice President Brian Harris.

The ‘noise’ however, hasn’t come from AT&T, it’s coming from the realtors.."I don't know anything of plans along those points," explained Sharp.

"The campus rumor, that's all it's been," Gatley explained. "I've never heard anything from anybody with decision-making clout talk about a campus or development. It's been speculation on everyone else's part. They enjoy being a downtown tenant. I can't point to any indicators that they would (move out of downtown)."

AT&T Chairman and CEO Ed Whitacre has always been commited to downtown, said Albert McNeel. McNeel is a vice president of the local office of Trammell Crow Co.

McNeel pointed out, that the trend has been for AT&T to return space to the market, rather than new leases. He said, ” Who knows what the fall-out will be?"

AT&T is a big player on the market. They occupy much of the IBC Centre building, where they are headquartered.

AT&T and its employees occupy about 2 million square feet of space throughout the city. "Any major city is glad to have a major anchor, and San Antonio is fortunate to have them," said Gatley. "The merger only stands to benefit San Antonio."

"With this being the headquarters, the duplicated positions will likely be folded into San Antonio," Gatley explained.

There is cause for concern as well. The last time AT&T vamped down their leased space, it was a blow to the local market.

"They are such a major player, if they contract or expand, the market tends to feel that," said Gatley.

San Antonio's tenant base is more diverse than in the past. The city may see new major financial institutions such as Washington Mutual and World Savings..

Whitacre has announced his plan to stay on as the head of AT&T until 2008. He’s not expected to leave San Antonio. "He likes being the big fish in a small pond," McNeel reported.. "Now, he's the biggest fish."

Patricia Fuller
Real Estate Press


http://www.turks.us/article.php?story=20060313185634872

ryan5021 Sep 12, 2007 12:39 AM

Drove downtown today and they are currently working on floor 31 of the Grand Hyatt. 4 more floors to go.

ydoc14 Sep 15, 2007 7:16 PM

Alright, I take back what I said about it not covering up the Marriott Rivercenter. :cool:

http://images.mysanantonio.com/news/...?1189882977125

ydoc14 Sep 16, 2007 9:09 PM

Here's an angle of the Grand Hyatt we haven't seen before. Not bad...

Taken on 9/14 by Amy the Nurse @ Flickr

http://farm2.static.flickr.com/1117/...fb1a1dc9_b.jpg

http://www.flickr.com/photos/amyashcraft/1388110409/

maxus Sep 17, 2007 2:23 PM

this building is hideous. lookslike a huge, cheap dorm tower.

Complex01 Sep 18, 2007 4:05 PM

My My, intresting threads and convos over the last few days...

Nice pice from above...

:yes:

maxus Sep 19, 2007 4:58 AM

these were taken 9/17/07 from the 37N/ Florida/ Carolina exit.

http://i44.photobucket.com/albums/f2...I/IMG_0421.jpg

http://i44.photobucket.com/albums/f2...I/IMG_0414.jpg

KevinFromTexas Sep 19, 2007 5:30 AM

Thanks for the updates, you guys.

ydoc14 Sep 19, 2007 5:35 AM

Great pics maxus, thanks :tup:


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