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  #1  
Old Posted Jul 19, 2007, 7:13 AM
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sirkingwilliam sirkingwilliam is offline
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SA - Pearl District > Eighteen Hundred > Renderings and Information

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Apparently the area around the Pearl brewery is now called the Pearl District. Don't get me wrong, I like the sound of it but with Portland's highly touted Pearl District, I'm not sure if it was wise to use that name. Anyway, besides that, a new apartment development is proposed for Broadway and Grayson St. This looks quite nice and I think is just the beginning of something wonderful for that area.

Consisting of 3 four-story buildings, 205 apartment units, 2 live/work units, 3 courtyards and a multi-story parking structure. Eighteen Hundred in the Pearl District will be one of many new developments for the now established Pearl District.

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Last edited by sirkingwilliam; Dec 28, 2007 at 8:14 AM.
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  #2  
Old Posted Jul 20, 2007, 6:12 PM
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Urban apartments planned on Broadway

Web Posted: 07/19/2007 08:16 PM CDT
http://www.mysanantonio.com/business...0.2b700a0.html

Rachel Stone
Express-News Business Writer

Urban living options in San Antonio are about to expand.

A Dallas-based developer is planning about 200 rental apartment units for the 1800 block of Broadway at Grayson Street.

Regent Communities Inc. bought the 3-acre site earlier this year. It includes a Snow White Cleaners & Tailors and a vacant building that used to house Fox Photo.

The developer received approval from the San Antonio Historic and Design Review Commission on Wednesday and expects to begin demolition in November. Construction could start in December, and the apartments would be ready about 18 months later, said Chad Carey, Regent Communities' acquisitions manager.

The Eighteen Hundred, as the project is named, will include apartments for three income levels, with the lowest starting at about $800 a month for a small one-bedroom, Carey said. Other prices for the planned 18 floor plans haven't been released.

The four-story complex will include interior courtyards with a pool and fountains and a parking garage. The four buildings will extend all the way to a wide sidewalk on Broadway.

"This will be a great place to walk," Carey said.

It's close to the Pearl Brewery, Sam's Burger Joint, Liberty Bar, Timbo's and several other restaurants.

The design from Dallas-based James, Harwick + Partners Inc. is contemporary, but not "hyper-modern."

"It's going to be pretty cool," Carey said.

And "cool" is the operative word. Apartments, as opposed to condos, are more likely to draw the young, hip people that Carey thinks are necessary for urban renewal.

"Urban revitalization almost always begins with younger people because they add that 24/7 vitality," he said. "We want it to be a place where the residents are going to be out in the streets and in the restaurants."

And Regent Communities' demographic research showed that there is unmet demand for downtown rental units.

There are about 1,019 market-rate apartment units in downtown San Antonio and more than 1,000 are planned or under construction, according to an April study of downtown housing from PKF Consulting. Among the projects planned is San Antonio-based Cross & Co.'s the Vistana, a 250-unit complex near Market Square.

Several projects are aimed at revitalizing Broadway just north of downtown. Most notable is Silver Ventures' Pearl Brewery, where eight live/work apartments ranging from 650 to 1,300 square feet are under construction. Those are expected to rent for between $1.40 and $1.50 per square foot.

The Eighteen Hundred is a "great idea in a great location," said Bill Shown, Silver Ventures' managing director of real estate.

"Broadway, from downtown to Hildebrand, appears poised for a rebound, and this is just another part of it," Shown said. "San Antonio's downtown living options are scarce, so we just think there's a need for it and this will help fill that need."
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  #3  
Old Posted Jul 20, 2007, 6:18 PM
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sirkingwilliam sirkingwilliam is offline
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Urban apartments planned on Broadway

Web Posted: 07/19/2007 08:16 PM CDT
http://www.mysanantonio.com/business...0.2b700a0.html

Rachel Stone
Express-News Business Writer

Urban living options in San Antonio are about to expand.

A Dallas-based developer is planning about 200 rental apartment units for the 1800 block of Broadway at Grayson Street.

Regent Communities Inc. bought the 3-acre site earlier this year. It includes a Snow White Cleaners & Tailors and a vacant building that used to house Fox Photo.

The developer received approval from the San Antonio Historic and Design Review Commission on Wednesday and expects to begin demolition in November. Construction could start in December, and the apartments would be ready about 18 months later, said Chad Carey, Regent Communities' acquisitions manager.

The Eighteen Hundred, as the project is named, will include apartments for three income levels, with the lowest starting at about $800 a month for a small one-bedroom, Carey said. Other prices for the planned 18 floor plans haven't been released.

The four-story complex will include interior courtyards with a pool and fountains and a parking garage. The four buildings will extend all the way to a wide sidewalk on Broadway.

"This will be a great place to walk," Carey said.

It's close to the Pearl Brewery, Sam's Burger Joint, Liberty Bar, Timbo's and several other restaurants.

The design from Dallas-based James, Harwick + Partners Inc. is contemporary, but not "hyper-modern."

"It's going to be pretty cool," Carey said.

And "cool" is the operative word. Apartments, as opposed to condos, are more likely to draw the young, hip people that Carey thinks are necessary for urban renewal.

"Urban revitalization almost always begins with younger people because they add that 24/7 vitality," he said. "We want it to be a place where the residents are going to be out in the streets and in the restaurants."

And Regent Communities' demographic research showed that there is unmet demand for downtown rental units.

There are about 1,019 market-rate apartment units in downtown San Antonio and more than 1,000 are planned or under construction, according to an April study of downtown housing from PKF Consulting. Among the projects planned is San Antonio-based Cross & Co.'s the Vistana, a 250-unit complex near Market Square.

Several projects are aimed at revitalizing Broadway just north of downtown. Most notable is Silver Ventures' Pearl Brewery, where eight live/work apartments ranging from 650 to 1,300 square feet are under construction. Those are expected to rent for between $1.40 and $1.50 per square foot.

The Eighteen Hundred is a "great idea in a great location," said Bill Shown, Silver Ventures' managing director of real estate.

"Broadway, from downtown to Hildebrand, appears poised for a rebound, and this is just another part of it," Shown said. "San Antonio's downtown living options are scarce, so we just think there's a need for it and this will help fill that need."
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  #4  
Old Posted Jul 21, 2007, 4:03 AM
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Aparently this same developer (Regent Properties) has plans for more developments in the downtown area.
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  #5  
Old Posted Jul 21, 2007, 4:16 AM
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So what's the story behind the Pearl Brewery? I had gotten a picture of it on Sunday from the tower, and I noticed it has scaffolding up around it. You mention the area is being revitalized and I read that the plant is closed now due to a merger with Miller. It (Wikipedia), mentioned that the plant will be included in the project. Any word on what it'll be used for?

It looks like a beautiful structure. Apparently it was built in 1894.

http://en.wikipedia.org/wiki/Pearl_Brewery

And, what building is that in the foreground to the left?
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  #6  
Old Posted Jul 21, 2007, 5:14 AM
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Pearl brewery shut down due to a merger/etc, Silver Ventures bought the place and is now redeveloping it into a mixed-use complex with housing, retail, work and entertainment. Right now the Pearl is home to both Aveda Institute and the CIA (Culinary Institute of America) which is consider the premier culinary academy in America and one of the tops in the world.
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  #7  
Old Posted Jul 26, 2007, 8:02 PM
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SirKingWilliam:

Thanks for your comments on our project. We're awfully excited about it, and are actively working to develop additional urban projects in this area.

We're also in design on a project (for sale live-work) at Cevallos & Probandt, but it's in a very early stage.

Thanks again!

Chad Carey.
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  #8  
Old Posted Jul 26, 2007, 10:01 PM
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sirkingwilliam sirkingwilliam is offline
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Quote:
Originally Posted by chadpcarey View Post
SirKingWilliam:

Thanks for your comments on our project. We're awfully excited about it, and are actively working to develop additional urban projects in this area.

We're also in design on a project (for sale live-work) at Cevallos & Probandt, but it's in a very early stage.

Thanks again!

Chad Carey.
No problem. It looks and will be a fantastic project and will add greatly to Lower Broadway/Pearl District. Does your company have a website?
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  #9  
Old Posted Jul 27, 2007, 4:56 AM
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www.RegentCompanies.com

But there's no info on The Eighteen-Hundred...yet.

Chad.
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  #10  
Old Posted Jul 28, 2007, 4:40 PM
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Oh man, that's my neighborhood!

No wonder appraisals have been skyrocketing
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Old Posted Jul 28, 2007, 4:53 PM
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Idea to pose to developers and the general populous: Would a streetcar from downtown (perhaps starting at the losoya switch-over?) up broadway to the general area be profitable and a good idea?
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  #12  
Old Posted Aug 2, 2007, 5:17 PM
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Quote:
Originally Posted by alexjon View Post
Idea to pose to developers and the general populous: Would a streetcar from downtown (perhaps starting at the losoya switch-over?) up broadway to the general area be profitable and a good idea?
With the name and the streetcar it would really be PDX Pearl-esque! But it sure worked great here, didn't it alexjon.
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Old Posted Aug 4, 2007, 9:44 PM
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With the name and the streetcar it would really be PDX Pearl-esque! But it sure worked great here, didn't it alexjon.
It sure has-- and it really does have a certain flair that would fit well in San Antonio
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Old Posted Jul 31, 2007, 3:59 PM
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There has been some very theoretical discussion about that. I think it's a great idea, and would serve as a great driver for infill development. But it's certainly not a profitable idea! Transit is terribly expensive.

Chad.
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Old Posted Aug 4, 2007, 9:42 PM
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Quote:
Originally Posted by chadpcarey View Post
There has been some very theoretical discussion about that. I think it's a great idea, and would serve as a great driver for infill development. But it's certainly not a profitable idea! Transit is terribly expensive.

Chad.
Oh, no, quite the contrary. Billions of dollars have been sunk into development around the streetcar line in Portland, and a streetcar of the sort seems to be a very San Antonio solution! We have a lot of potential alignments for a streetcar available-- perhaps from Travis Park, past AT&T, and straight up to the Pearl? Easy enough, and mindful of the parades.

The action around the line is amazing
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Old Posted Aug 18, 2007, 10:50 PM
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Quote:
Originally Posted by chadpcarey View Post
There has been some very theoretical discussion about that. I think it's a great idea, and would serve as a great driver for infill development. But it's certainly not a profitable idea! Transit is terribly expensive.

Chad.
not necessarily true.

#1. there have been profitable transit systems.

#2. We are already in the red for the amount of roads we lay down in this city. By avoiding a good transit system, we continue to spend and endless sum on roads, and perpetuate more urban sprawls. These costs are enormous. A smart transit system, can save us from a lot other griefs.

Obviously if your a builder, a good transit system is not necessarily a good thing.
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  #17  
Old Posted Aug 23, 2007, 2:00 PM
chadpcarey chadpcarey is offline
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To respond:

I'm sorry, but you're incorrect. If you can show me a profitable transit system, I'd love to be proven wrong. Even NYC's transit, arguably the most used and most effecient in the country, is not PROFITABLE. It is a COST, and will always be a COST. That said, it is a cost worth bearing because it has incredible ridership and makes the high-density city livable.

Who cares if it's PROFITABLE anyway? As you pointed out, streets, highways, overpasses, major thoroughfares, etc. aren't PROFITABLE. But they're neccessary because that's how the vast majority of folks in SA get around.

And I agree with you 100% that the amount of money we spend on auto-centric transit is, to steal from Jim Kunstler, and tremendous misallocation of resources. But that won't change until we prove that urbanism is a viable option compared to suburbia. If you think having a cool, functional urban transit system will convince people from Stone Oak to give up their suburban lifestyle, you're crazy!

Re: you're point that "Obviously if your a builder, a good transit system is not necessarily a good thing."...............I'm not sure I understand your point.

Chad.
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  #18  
Old Posted Aug 10, 2007, 9:17 PM
chadpcarey chadpcarey is offline
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Alexjon -

Of course, we're in agreement that it can serve as an incredible generator for urban development.

But my point was the operating a streetcar line is not, in and of itself, profitable, in any sense. Very expensive to build, very expensive to operate. It would need to be massively subsidized for a LONG time. Still, I would aruge it's worth pursuing, irrespective of it's "profitibility".

Chad.
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Old Posted Aug 11, 2007, 1:16 AM
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Quote:
Originally Posted by chadpcarey View Post
Alexjon -

Of course, we're in agreement that it can serve as an incredible generator for urban development.

But my point was the operating a streetcar line is not, in and of itself, profitable, in any sense. Very expensive to build, very expensive to operate. It would need to be massively subsidized for a LONG time. Still, I would aruge it's worth pursuing, irrespective of it's "profitibility".

Chad.
What percentage of transit systems are profitable anyway? Remember, now, that by focusing on that aspect of transit -- the tax and spend of transit development -- you are forgetting the sum of benefits far outweighs what you have in investment.

In the example of Portland, they wanted more people living and working downtown, and to bolster the development of a "new" neighborhood. They've succeeded. The streetcar is a large part of the success of the Pearl District, which, similar to your development(s) is a formerly undesirable area that was rehabbed and made easily accessible to downtown.

And the feds have no problem with it, and with an oregon firm rolling out streetcars in the next few years, it really is a thing to consider.

But then again, this IS what worked for a successful neighborhood development that raked in billions in devel money. You could be angling for something else or on a smaller more basic scale.
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Old Posted Aug 11, 2007, 1:42 AM
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Sorry, that was a little blunt and kinda bitter. Developers in SA never take a risk, and I guess that's what it'll be forever more.

But truthfully, it wouldn't be hard to harness the power of parking rev and various other bits-and-pieces income sources if done in a forward thinking and pro-urban mindset.
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