Quote:
Originally Posted by Alice93
Do you all think that City South can compete with the north side of town? Do you think it could really snag all the new population next?
|
Don't think it will "compete"; I don't see City South moving in 3 or 4 large corporate HQ's. However, I do think that as Alamo Ranch fills out and the area around 90/1604 fill out, that developers will look to other areas of town as land values shoot up in Stone Oak. Most of the remaining developments on the north side have homes starting in the 300's; not exactly the fastest moving set in the city.
Land is still relatively cheap in City South and most developers are looking for a quick/easy sell. Homes in the 80K-150K price range will sell in any part of town, Kirby and China Grove residential developments have shown us that, and that is what we will probably begin to see in the City South area. The infrastructure at Verano is getting worked on and the area around 410/281 south will soon see Espada come to life, especially once the Mission Reach nears completion. Those two areas won't be the only ones but will probably be the first. Mission del Lago, Hunters Pond, a couple developments off of Presa and Southton Rd, and the developments near the Republic Golf Course (I know, technically not south side) have helped to increase traffic a bit on the south side. Its no Alamo Ranch, but population is slowly being increased in the area. The fact that developents from Millers Pond to China Grove have happened while those from Alamo Ranch to Cibolo have exploded shows us that development in the south side of town is possible and was in still in demand.
I do see other growth happening as well too. Somerset, Losoya and Elmendorf offer the same "small-town" atmosphere that, say, Cibolo or Bulverde offered people in the last few years. Growth closer to 1604 south also gives developers less restrictions than City South does. I think there are
developments popping up in those areas.
The build-out of Brooks-CB is key in the near future. They could add some office/medical space that could be a key employment center and boost the population of the southeastern portion of the county.