San Antonio ‘Pearl’ clusters

​​SAN ANTONIO – GrayStreet Partners, a local developer with ambitious plans for downtown San Antonio, has quietly amassed about 3.6 acres of property around the Pearl’s main entrance over the last few years.

The properties are clustered around the intersection of Broadway and Pearl Parkway, according to county property records. 

Since 2014, Graystreet has bought nearly all the land on the east side of Broadway between Casa Blanca St. and the 1800 Broadway apartment building.

It bought two lots along that stretch earlier this month.

The developer has also purchased about more than half an acre on the west side of Broadway, at the intersection with Newell Ave.

The developer announced plans to invest between $150 and $200 million in those properties and its other holdings in San Antonio’s urban core over the next five years.