A multipurpose building project for Texas A&M University-San Antonio was approved on Friday, March 26th. The project is scheduled to begin in April, and planned for completion by July, 2011. The building will occupy 700 acres of land between Zarzamora and Moursund Roads on the south side of Loop 410. The 91,000 square foot building will house the University library, the bookstore, student services, classrooms, faculty, administrative offices, a computer center, labs, and a food service facility. Despite a slowly recovering economy, San Antonio expects to see a moderate increase in new construction (about 6 percent) in 2010, mostly public works and utility projects.
- More Real Estate Happenings Around Town
- Fort Sam Houston: A multimillion dollar contract has been awarded to the M.A. Mortenson Construction Company (based in Minneapolis) to build a new headquarters building at the Fort for the Army Installation Management Command (IMCOM).
- The San Antonio Shopping Center: Dating back to the 1950’s the San Antonio Shopping Center, located on El Camino Real, at San Antonio Road is one of the largest of its kind in Mountain View, and long due for modernization. A modernization and expansion is scheduled for startup in June or July, 2010. The project was awarded to the San Francisco based developer Merlone Geier Partners, and is expected to generate some 700 construction jobs and about 600 permanent jobs after its expected completion in a year to year-and-a-half.
- The coming summer should see the grand opening of two high-profile luxury condominium projects in San Antonio; the Broadway, located at the corner of Hildebrand Avenue and Broadway, adjacent to Alamo Heights, and the Alteza, atop the Grand Hyatt in the heart of downtown. These super luxury condo homes will range in price from approximately $300,000 for a one bedroom, to over three million for a penthouse