Alteza Residences above the Grand Hyatt is excited to share the good news — Downtown San Antonio continues to attract corporate investment. The new H-E-B was a welcome addition to the downtown neighborhood, and the future corporate campus expansion is great news. Here’s the article with all the details.
San Antonio Express-News |By Richard Webner, Staff Writer | April 25, 2016
H-E-B is the new owner of almost an entire city block next to its headquarters, adding to its growing presence in the south part of downtown.
The San Antonio-based grocery chain has bought two properties over the last two months that span nearly the entire block at the northeast corner of South Flores Street and César E. Chavez Boulevard, according to county property records. The city of San Antonio still owns a row of parking spaces along César E. Chavez.
H-E-B doesn’t have any “immediate plans” for the two properties, spokeswoman Dya Campos said in an email. When H-E-B bought the first of the properties in March, Campos told the Express-News the land will be used for “an addition to our existing footprint of our corporate headquarters.”
The properties, which the Bexar Appraisal District assessed at $2.8 million this year, are currently home to two one-story buildings with two parking lots. An auto repair company is leasing one of the buildings.
H-E-B’s expansion of its headquarters will add a culinary school and test kitchen, several mixed-used buildings and a new office building, the Express-News previously reported. The company is expected to move about 1,600 workers to the campus by 2030, doubling its workforce in the urban core.
“We think that we can help make South Flores and the San Pedro Creek a great street and a great redevelopment area in the city, perhaps like another Southtown,” H-E-B’s chief operating officer, Craig Boyan, told the Express-News in 2013.
So far, the company has completed a visitor’s center and a pedestrian and bike trail on South Flores as part of the expansion, Campos said.
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