San Antonio: Greystar sprints north to deliver 143 apartmentsSan Antonio: Greystar sprints north to deliver 143 apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=116372016-01-06T06:00:00Z2016-01-06T17:00:00Z

​SAN ANTONIO - It may still be putting the final touches on its newest development in downtown San Antonio, but Greystar is already setting up plans for its next project further north.

The South Carolina-based development firm is under contract for a 4.3-acre site in Stone Oak at the La Arcata mixed-use development along the northern rim of Loop 1604.

Once the sale closes — which is expected to happen sometime in the next 30 to 60 days — Greystar will be able to move forward with its plans to bring a 143-unit complex to La Arcata.

According to the construction permit filed for the project, Greystar plans to call the development Overture at Stone Oak.

The project is expected to cost about $22.5 million to construct and will be designed by Houston-based architecture firm Meeks Partners.

Greystar expects to start work in February and wrap up in about 24 months.
San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/news/2016/01/04/greystar-under-contract-for-4-3-acres-in-stone-oak.htmlRead more at the {Source}

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