The Newly Finished Alteza Condominium Project Welcomes its First Residents

There are few condos in San Antonio that are impressive as the Alteza. Sitting high atop the Grand Hyatt hotel in downtown San Antonio, Alteza is a fine example of the luxurious, high-end living that is available in downtown San Antonio. 

The First Residents are Welcomed Although the Alteza has seen its share of delays – mainly because construction crews had to concentrate on the hotel construction before the Final Four in 2008 – it has now opened its doors to its first residents. The completion of the Alteza project is a huge boom for downtown San Antonio’s evolution and for the entire city in general. For the residents of Alteza, it certainly can be said that “good things come to those who wait.” Once completed, the Alteza will feature 147 condo homes; 19 of which will be open in a matter of days. The rest of the condos, spread out over 10 floors, are expected to be finished by spring 2010. To date, 31 condos are under contract, and activity is beginning to really pick up. The Alteza condo development experienced challenges because of the tumbling economy and, as a result, the sales team is working to recover the many expired contracts.

The Alteza’s Unique Features

The Alteza boasts a unique hotel/condo feature that no other development does in San Antonio. Combine that with Alteza’s exclusive residences and outstanding amenities, and it’s easy to see why the Alteza development stands out from its competition. Prices range from $298,000 to over $3 million for homes in Alteza, and most of them boast exceptional views and even more exceptional surroundings. The sales team of Alteza feels strongly that the tough lending standards felt by many parts of the housing market probably won’t affect the sales of the condo homes of Alteza because many luxury buyers are not affected by tough lending practices. In addition, the condo market in San Antoniois much stronger than other parts of the country, and many individuals are seeking out condos in San Antonio for second homes. In other words, the demand for San Antonio condos remains strong and resilient, despite the challenges felt by much of the housing market. Some of the amenities and services of Alteza include:

  • Controlled-access, reserved parking
  • Private lobby and entrance
  • Open-air swimming pool on the 32nd floor
  • Exclusive membership privileges to the Grand Hyatt fitness center
  • Soaring ceilings
  • Granite countertops
  • Bosch and Sub-Zero appliances
  • Wide-plank hardwood flooring
Posted by Richard Soto on
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We signed a contract and paid 20% down payment for a condo on the 27th floor on Feb. 29, 2008.
We finally gave up and asked for our down payment back. So sorry no one has ever contacted us regarding the sale of this condo. We were very anxious to be a resident at this condo. However, the delays and no communication was very frustrating. Very disappointed it didn't work out.

Posted by Albert & Kathryn White on Tuesday, March 2nd, 2010 at 7:36pm

What kind of customer service will be provided now that they are complete. I read a post that a couple paid 20% dwn. pymnt. in 2008. Never recieved any follow-up as far as completion of this project. Ultimately they ask for their money and didn't finalize the deal. Very interested and would like a follow-up to my concerns. Thank you!

Posted by Donte Butler on Saturday, May 1st, 2010 at 7:01pm

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