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Old Posted Jan 7, 2020, 9:39 PM
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Spoiler Spoiler is offline
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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."
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