- Convention Center Expansion – The $325 million expansion and renovation of the Henry B. Gonzalez Convention Center was completed, giving San Antonio the infrastructure to attract larger conventions and host multiple meetings simultaneously.
- Hemisfair Redevelopment – A city committee recommended allocating $21 million from the proposed 2017-2022 municipal bond program for the development of the Civic Park, a $58 million project that will anchor the redevelopment of Hemisfair.
- San Pedro Creek Redevelopment – Work began recently o the first phase of construction of this long-anticipated project.
- Alamo Complex Transformation – City and state officials made important headway on the transformation of one of Texas’ most historic areas. Work on a new master plan got a big boost with the hiring of a new chief operations officer and from the excavation of multiples sites near the famous downtown structure.
- Downtown Ballpark – Mayor Ivy Taylor will support the development of a downtown ballpark that could accommodate Triple-A baseball if the private sector pitches in to help cover costs.
- Alamodome Improvements – City Council approved roughly $50 million in Alamodome improvements in order to host the 2018 NCAA Men’s Final Four.
- San Antonio CVB Restructured – The City Council approved the transformation of the municipal agency to a non-profit organization, allowing for greater funding flexibility. The CVB will focus on rebranding efforts for Visit San Antonio.
- Federal Courthouse – Local leaders unveil plans for a new $133 million federal courthouse to be construction downtown, freeing up critical space at Hemisfair for redevelopment.
- Frost Tower – Weston Urban began pre-development work for Frost Tower, the first office high-rise to be constructed in downtown in decades.
- Children’s Hospital of San Antonio – completed work on several major components of its $150 million expansion.
2017 looks to be an exciting year as the City of San Antonio continues to focus on the development of its Downtown lifestyle. Savvy real estate investors recognize the extraordinary synergy that is driving interest in living and working in the Downtown District.
Alteza Residences above the Grand Hyatt remains the only luxury high-rise development in the Downtown area. The condominiums occupy the top 10 floors of the Grand Hyatt River Walk, taking full advantage of the city views in all directions..
With no other development underway, the final 18 residences represented a limited opportunity to secure a luxury address in the heart of the action. Even more unique, homeowners at Alteza enjoy 24/7 concierge services, convenient use of Hotel Services, membership to the Grand Hyatt StayFit® Gym, and a private rooftop pool and lounge reserved exclusively for homeowners.
To learn more about the remaining residences at Alteza or to schedule a private tour of the designer models, click here or call Dustin David at 210-212-8400.
Top Ten List edited from article in the San Antonio Business Journal by W. Scott Bailey. Click here for the original article.