Development near San Antonio's Pearl? Location, locationDevelopment near San Antonio's Pearl? Location, locationhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=4732015-07-06T08:36:00Z2015-07-06T09:00:00Z

SAN ANTONIO - Developer Stephen Yndo expects to break ground on SOJO Crossing — his next townhome project near Pearl — in a few months.

“Pearl is what sells the projects over here,” Yndo said, referring to his SOJO Crossing townhome development at the corner of East Euclid Ave. and East Myrtle St.

The 27-unit project is two units away from being 50 percent presold, the mark he needs to reach to break ground, which Yndo said is likely a couple of months away.

Yndo first project — East Quincy Townhomes — came online in 2014 and has only one of the 25 units left.

Prices for the new townhomes could have interested homeowners doing a double take. Townhomes at SOJO Crossing will range from $400,000 to $600,000, but Yndo considers it a fair value given the project’s location across the river from the old brewery.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/print-edition/2015/07/03/pearl-instills-confidence-in-for-sale-developers.htmlRead more at {Source}

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