San Antonio 201-unit Villita Tower to iconic River Walk
SAN ANTONIO – JMJ Development is sourcing $47 million in debt and equity for the construction of Villita Tower at 120 Villata St.
The 30-story, 201-unit, market-rate multifamily residential development is soon planned for this supply-constrained metro. Villita Tower capitalizes on the tight rental market of San Antonio.
Once completed, Villita Tower will house a mix of market-rate rental studios and one- and two-bedroom pads.
The property will provide tenants with automated parking for up to 230 cars.
Additionally, there will be 12,000 sf of commercial space, which will house three restaurants and a coffee shop
Right at San Antonio’s iconic River Walk on the San Antonio River, the tower will have commanding views of the downtown cityscape.
Villita Tower has a 24-month construction timeline, which will commence once financing is secured.
Also see the Commercial Observer.
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