SAN ANTONIO – City Council has signed an agreement to restore the historic Alameda Theater on Houston Street, 23 years after the city acquired “one of the last grand movie palaces built in America.”
The agreement will authorize a $23M spending goal, most of which will come from the city-county Houston Street Tax Increment Reinvestment Zone.
Construction will begin mid-2018, with a goal to open the theater in 2020.
The Alameda is only one of a number of projects revitalizing this designated state cultural arts district.
The $175 million San Pedro Creek Improvement Project will add a linear park alongside the Alameda.
The $142 million 23-story Frost Bank Tower will be the first office tower to go up Downtown since 1989.
Make sure to check this out: "Money, I'm Home"—Billions develop Alamo City.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.