San Antonio: residential projects radiate from PearlSan Antonio: residential projects radiate from Pearlhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=108842015-10-22T05:00:00Z2015-10-22T17:00:00Z

​​SAN ANTONIO - As a multitude of residential projects gear up, continue or begin to wrap up construction, renters and homebuyers will soon have a wide variety of housing options in the area radiating out from the Pearl.

The latest project ready to start turning dirt is the 27-townhome Sojo Crossing development, which provides a small boost to the area's for-sale supply. Units are priced from $400,000., according to Sojo Crossing's website.​

Brought by SOJO Urban Development LLC — a local development team — the project is in the final stages of securing construction financing and picking out final materials. 

The Cellars at the Pearl, a ten-story high-rise with 123 units, is quickly coming together and already has a waiting list that grows longer by the day.

Argyle Residential's 302-unit Rivera development at 1130 Broadway is also taking shape, and was one of the first signs of an outside developer ready to leap into the city's thriving River North market.

Other developments led by out-of-town firms include Indianapolis-based SC Bodner's 220-unit 120 Ninth St. development as well as Alamo Manhattan's 191-unit apartment complex at 111 W. Jones Ave.

The area's residential market has seen an enormous amount of growth — for both rents and supply — that an increasing number of developers, investors and tenants are continuing to fuel.
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