Posted Jul 18, 2013, 3:09 AM
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Paradise
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Join Date: Jul 2009
Location: L.A.
Posts: 586
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Anyone seen or heard of this?
Quote:
Paradise Development Partners began the development of an approximate 4.28 acre multi-family site in San Antonio, Texas in late 2012. In the Spring of 2013 construction began on Alamo Heights Apartment Homes, a proposed 107-unit Class A luxury apartment development located 5 miles northeast to the downtown central core. The project will consist of three institutional quality, 3 story buildings with private garages and an impressive amenity package superior to surrounding competition.
The site is strategically located just south of Austin Highway and Vandiver Road, adjacent to the highly sought-after area of Alamo Heights to the west and Terrell Hills to the south. Both neighborhoods yield some of the strongest demographics in San Antonio with average household incomes and home prices averaging approximately $120,000 and $530,000, respectively. While located in the City of San Antonio, the site is within the highly acclaimed Alamo Heights School district. The site presents a compelling marketing opportunity given its irreplaceable infill location and unique urban design to accommodate the growing demand of end users in the market looking for urban, infill product close to the downtown core, nearby job centers, universities, and entertainment drivers. Additionally, the Project benefits from recent substantial capital investment and revitalization efforts, which has transformed the immediate area along Austin Highway into a high-traffic retail corridor. This small boutique project with Mediterranean architecture and lush landscaping will create a unique sense of community within the complex itself, while continuing to feed off the prospering, ensuring a continual supply of future residents.
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http://www.paradisedevelopmentpartne...ject/vandiver/
The project is called Vanidver. If it is actually getting built I did not notice. I guess it goes along with the Austin Highway revitalization.
Those apartments at La Cantera are looking nice also.
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