06 Apr Low-income Apartments Breaking Ground Near Downtown
Posted at 21:01h in Aspire at Tampico
Excerpt from San Antonio Business Journal by By Mitchell Parton Photo from GRG Architecture
While the San Antonio Housing Authority regularly builds low- and mixed-income apartments, rarely does it get the chance to build as close to downtown as it will this summer.
SAHA has owned the 3.76-acre property at 200 Tampico St. on the West Side for 26 years. It acquired the property, which includes a 9,600-square-foot warehouse, from Citgo Petroleum Corp. in 1994, according to Reonomy.com data.
The agency decided that with the revitalization of downtown, the site would be perfect for a mixed-income housing project. By late July, SAHA plans to break ground on a 200-unit apartment complex, a $22 million project using state bonds.