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  #1  
Old Posted Aug 13, 2008, 4:21 AM
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sirkingwilliam sirkingwilliam is online now
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{SA} FINALLY!! Lone Star Brewery to Become Mixed-Use Development



Quote:

Lone Star Brewery to get new life

Creighton A. Welch - Express-News

The Lone Star Brewery, a South Side landmark since 1933, soon will see new life — in the form of a mixed-use development.

Austin-based B. Knightly Development & Construction bought the 22.8-acre site Aug. 1 and plans to turn the brewery, vacant since 1996, into an urban community.

Plans for the site, along the San Antonio River near Roosevelt Park, include multifamily housing, commercial space, a bar, beer garden, microbrewery and boutique hotel, according to the May 15 City Council minutes that approved a zoning change of the site.

The developer also plans to refurbish the Olympic-size swimming pool and beer-tasting area, and apply for Leadership in Energy and Environmental Design certification.

The sale price wasn’t disclosed, but B. Knightly took out a $3.65 million note, payable to the former owner. The property is appraised at $2.7 million, by the Bexar Appraisal District. The brewery once operated as quite the diversion destination, with a swimming pool, bar and the Buckhorn Hall of Horns, but has sat unused since the Stroh Brewing Co. closed it.

“There are so many benefits this project could have in that neck of the woods,” said Mark Tolley , managing partner with B. Knightly. “We have scoured San Antonio for three years for ..... an appropriate project that has all of the right attributes for a successful urban infill community. The Lone Star presented a very unique opportunity in this regard.”

The seller was Newell Commercial Property LP, of the Newell Recycling facility operating next to the brewery.

Tolley didn’t reveal details about the mixed-use project, but said he’d divulge more in the “immediate future.”

“The thing about the Lone Star site that’s so phenomenal is its size,” said Chad Carey, acquisitions manager with Regent Living, a San Antonio development company. “..... It’s extraordinarily difficult to acquire a tract that large. If you have a 23-acre site, you can do much more.”

He said a site of that size could have as many as 1,000 residential units, 100,000 square feet of retail space and 500,000 square feet of office space.

“If this is done right, this could be every bit of a $200 (million to) $250 million project,” Carey said.

Carey’s company is developing apartments along Broadway and the Clay Street Flats condos in Southtown.

“Given the progressive developments that are happening all over Southtown and King William, it could be absolutely wonderful,” Carey said. “But it’s a huge project. Having worked on a 3-acre project, it boggles my mind to execute something that huge.”

Most of Tolley’s projects have been on the West Coast. He’s involved in several Austin projects, and at one time considered redeveloping the Mission Valley Textile Mill in New Braunfels.

“My group has developed over 4,000 units and we specialize in adaptive reuse,” he said. “We believe that San Antonio is one of the more dynamic and healthy real estate markets in the U.S. and we are happy to bring our adaptive reuse and green building experience to the downtown urban core, particularly on the southern reach of the River Walk.”

The brewery site, at 600 Lone Star Boulevard, is poised to help expand and redevelop San Antonio’s downtown area as well as property along the San Antonio River.

The former brewery also is at the commencement of the Mission Reach portion of the $250 million river improvement project. Crews broke ground on the Mission Reach in June.

“I think San Antonio and Bexar County have demonstrated their commitment to the river and its improvement,” Carey said.

Phase 1 of the Mission Reach runs 1.2 miles south from Lone Star to the convergence of the river and San Pedro Creek. Work on Phase 1 is expected to be complete in a year and a half.

The Lone Star Brewery’s future — turning a former brewery into a mixed-use development — isn’t new to San Antonio.

Travel about 4 miles north along the river and you’ll find a similar situation, just a few years ahead.

The Pearl Brewery, a similar 22-acre site, is being transformed into a mixed-use development with restaurants, residential units, and retail and office space.

The brewery closed in 2001 and was purchased by Silver Ventures, the project’s developer, in 2002.
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  #2  
Old Posted Aug 13, 2008, 4:26 AM
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sirkingwilliam sirkingwilliam is online now
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Casey, I'm disappointed! You give the scoop to mysa.com before us! How dare you!!!! lol
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  #3  
Old Posted Aug 13, 2008, 4:32 AM
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Let's not forget the Mission Power Plant redevelopment which is across from Lone Star.

http://forum.skyscraperpage.com/showthread.php?t=149511
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Old Posted Aug 13, 2008, 1:11 PM
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This is great use of "dead" space inside the downtown loop. i just hope that a major portion of the brewery doesn't turn into a parking lot.
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  #5  
Old Posted Aug 13, 2008, 7:15 PM
KeepSanAntonioLame KeepSanAntonioLame is offline
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Quote:
Originally Posted by miaht82 View Post
This is great use of "dead" space inside the downtown loop. i just hope that a major portion of the brewery doesn't turn into a parking lot.
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  #6  
Old Posted Aug 14, 2008, 6:18 PM
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Now what kind of "scout" would I be if I didn't go by the Brewery as well. Can't say much about the place except I did see the gate open, and a couple of vans were there. The guys were on their lunch break and it took me a while to read the decal on the side but it was a Pool company.
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Old Posted Aug 14, 2008, 7:45 PM
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  #8  
Old Posted Aug 19, 2008, 5:17 PM
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Lone Star signage, courtesy Nest Fest blog at mysa.com:

http://blogs.mysanantonio.com/weblogs/realestate/


Here's the Lone Star site:

http://www.thelonestarbrewery.com/
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  #9  
Old Posted Aug 19, 2008, 5:33 PM
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Wow! Condos to be ready by September of next year? I love the progress.
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  #10  
Old Posted Aug 19, 2008, 5:41 PM
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Any Highrises or Skyscrapers?

I didn't see mention of any skyscrapers in the article....anyone have any idea or is this gonna be just another set of two or three stroy buildings for San Antonio? We need to go up not out
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  #11  
Old Posted Aug 19, 2008, 6:51 PM
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It'd be a weird space for skyscrapers, but it does have a smokestack.
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  #12  
Old Posted Aug 19, 2008, 7:56 PM
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Quote:
Originally Posted by texastarkus View Post
I didn't see mention of any skyscrapers in the article....anyone have any idea or is this gonna be just another set of two or three stroy buildings for San Antonio? We need to go up not out
no need for skyscrapers in sucha re-use project. that area is not exactly right for a 20-story building anyway.

another 22 acres has been "urbanized", another vacant lot will be teeming with residents...this sort of infill drives demand which creates oportunities for the height we all want to see.

as with the projects on broadway - this is almost a way to introduce people to a true urban lifestyle. as it becomes more accepted in san antonio, more development will focus on it and more chances for upward building will come together.
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  #13  
Old Posted Aug 19, 2008, 10:19 PM
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^^ As with all things, SA will build up when it dang well feels like it
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  #14  
Old Posted Aug 20, 2008, 1:47 AM
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Passed by after work and before the storms and I saw what I'm assuming used to be the Buckhorn Saloon; new doors were put up. When I did my first recon mission, they weren't up yet. I guess that might be their sales office?
But there is definitely a lot of activity going on there.
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  #15  
Old Posted Aug 20, 2008, 3:04 AM
KeepSanAntonioLame KeepSanAntonioLame is offline
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Good to hear.
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Old Posted Aug 20, 2008, 4:43 AM
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The way it's described it sounds like a destination with the beer garden or brewpub and restaurants, bars and shops. A bookend to the Pearl. Then I read that it will be a gated community?!

I guess I can understand the perks being closed off somehow from the public (pool, spa, gym), but doesn't that take the neighborhood out of urban neighborhood. It might feel a little like West Berlin. Where as Clay Street and St. Benedict seem to be embracing their neighborhoods, almost inviting them in.

I guess I need to see the plans, but does anyone else think this is odd?
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  #17  
Old Posted Aug 20, 2008, 12:30 PM
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Originally Posted by kornbread View Post
The way it's described it sounds like a destination with the beer garden or brewpub and restaurants, bars and shops. A bookend to the Pearl. Then I read that it will be a gated community?!

I guess I can understand the perks being closed off somehow from the public (pool, spa, gym), but doesn't that take the neighborhood out of urban neighborhood. It might feel a little like West Berlin. Where as Clay Street and St. Benedict seem to be embracing their neighborhoods, almost inviting them in.

I guess I need to see the plans, but does anyone else think this is odd?
gated?!?

say it isn't so....
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  #18  
Old Posted Aug 20, 2008, 5:44 PM
kornbread kornbread is offline
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Originally Posted by sakyle04 View Post
gated?!?

say it isn't so....
It's a bulleted item on the left on this site:
http://www.thelonestarbrewery.com/

http://www.bknightly.com/
Look at their other projects. From those, I'm starting to think this area will not be developed as most would like to see it.
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  #19  
Old Posted Aug 20, 2008, 8:13 PM
KeepSanAntonioLame KeepSanAntonioLame is offline
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If it's gated how will those unfortunate enough to be located outside be able to go to the restaurants/beer garden there?
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  #20  
Old Posted Aug 21, 2008, 4:32 AM
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Quote:
Originally Posted by KeepSanAntonioLame View Post
If it's gated how will those unfortunate enough to be located outside be able to go to the restaurants/beer garden there?
Surely you jest?

Of course public places will not be gated. The point is that it is a whole different feel to have a gated community plopped down in that location, as opposed to an open redevelopment. It becomes less neighborly.
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