The Business Journal provides some more details. This is really exciting news. I hope that them leaving the Pearl area was so that they could go all in on Lone Star.
https://www.bizjournals.com/sananton...lone-star.html
First look: Houston firm, GrayStreet plan 'lifestyle destination' at former Lone Star Brewery
"A Houston real estate firm, along with a local development group, has revealed its plans for the former Lone Star Brewery site.
Named the Lone Star District, Midway and GrayStreet Partners said in a news release that they will revitalize the 32-acre Southtown site into a multi-phase, mixed-use development over a decade. This will include both redevelopment of the historic buildings and the development of 15 acres.
The first phase along Lone Star Boulevard will include 100,000 square feet of office; 50,000 square feet of retail, bars and restaurants; and 250 residential units as well as open-air plazas, pocket parks and outdoor programming. The site will be accessible to pedestrians and bikers from surrounding neighborhoods.
“Inspired by local context, history, natural amenities and the city’s energy, Lone Star District will be unique and differentiated from other local offerings,” said Don Quigley, vice president of investments and development for Midway. “By embracing and expanding the existing Southtown Arts District programming, Lone Star District will redefine the conventional mixed-use environment and deliver an experience rich of culture and vibrancy, complete with desirable retail options, an array of events, entertainment and dining choices.”
The project team includes master-plan designers Lake Flato Architects and OJB Landscape Architecture as well as civil engineer WGI Engineers.
The development groups said they will invite people to experience the site, inaccessible to the public for decades, through early-stage activations.
“Lone Star District will enhance the eclectic nature of its surroundings," Midway CEO Jonathan Brinsden said. "The project’s scale, density, sensibility and aesthetic have been meticulously planned to respect its context and ensure authenticity."
Midway has been in business for more than 50 years and has completed or developed more than 45 million square feet of properties including mixed-use projects, office, industrial and master-planned residential communities.
GrayStreet acquired the site for $14.45 million in May 2020. Previously, Lone Star Brewery Development Inc. planned a mixed-use redevelopment for the property until the group filed for bankruptcy in January 2020. Jones Lang LaSalle (NYSE: JLL) began marketing the abandoned brewery for sale last March under the jurisdiction of bankruptcy courts.
“Sharing the community’s cherished memories and longstanding ties to the former Lone Star Brewery and the historic Lone Star Buckhorn Saloon and Museums, we’re thrilled to honor the site’s historic legacy, the neighborhood and the people who have come before us, while also embracing change and generating excitement for what comes next,” said Kevin Covey, managing partner of GrayStreet. “Lone Star District will amplify what is best and irreplaceable about San Antonio: cuisine, history, arts and culture."
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