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Old Posted Jan 28, 2016, 8:39 PM
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James
 
Join Date: May 2004
Location: San Antonio, Tx
Posts: 2,470
http://therivardreport.com/area-real...ease-approved/

Quote:
Hemisfair Apartment Complex Deal Approved by City Council
San Antonio City Council unanimously approved a 45-year lease agreement between Hemisfair Park Area Redevelopment Corporation and local developer AREA Real Estate on Thursday morning for a proposed 163-unit mixed-use apartment complex that will overlook Hemisfair’s multi-million dollar park transformation project.

The agreement allows the developer to start right away on more detailed plans for the building that will replace a surface parking lot on 1.1 acres, AREA principal David Adelman said after the vote. The project includes 180 parking spaces for tenants and 238 public spaces for park visitors and at least 3,200 square feet of street-level retail/restaurant space.




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