San Antonio apartment tower, shops, offices and City HallSan Antonio apartment tower, shops, offices and City Hallhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=173422017-08-09T05:00:00Z2017-08-09T19:00:00Z

​​​​​​​​SAN ANTONIO – San Antonio officials have quietly granted an $8 million tax incentive package to an Austin development firm to build a 21-story high-end apartment tower with shops and offices across the street from City Hall.

Rendering of Kallison square hotel Teeple Partners, a development firm from Austin, plans to build the $83 million tower at the southwest corner of Flores and Dolorosa streets.

The project proposes 45,000 sf of retail shops and offices as well as 305 upscale apartments and condominiums.

The target rental price for the apartments would be $2.75 per ​​sf, according to the incentive agreement, which would make them among the most expensive in San Antonio.

The project, named Kallison Square, proposes to include 15 floors of residential units on top of a six-story parking garage with 525 spaces.

The project will incorporate seven historic buildings that are already on the property.

Construction is expected to begin spring 2018 and wrap up mid-2020, but those dates are flexible.
San Antonio Express-News
San Antonio-New Braunfels

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