A student housing report for downtown, commissioned by the city, was completed in November. It antic

Less than a month after a city-commissioned report concluded there was a demand for student housing in west downtown, South Side-based 210 Developers have confirmed plans to refurbish a former peanut processing plant at 1025 S. Frio St. into an apartment building and build other structures just to the west to total 98 new units — half of which could be student housing.
The project qualifies for a waiver of city and SAWS fees ($30,000 and $250,000, respectively) and a 15-year real property tax reimbursement grant worth about $750,000, because it s an adaptive reuse project, in accordance with the Center City Housing Incentive Policy . Lori Houston, director of the Center City Development Office, said the agreement has not yet been finalized.
avis rent a car australia Also, the city intends to deed to 210 Developers an adjacent parcel worth $98,350 for use as a parking lot. That land has environmental issues, avis rent a car australia so the city has offered a $400,000 loan to help the developer clean up the parking lot and add fencing, lighting, landscaping and other public improvements. Between $26,000 and $40,000 will be forgiven annually as long as the developer sets aside 30 percent to 50 percent of the units for students.
The 19,000-square-foot, circa-1912 building is the former Birdsong Peanut Factory, which processed and packaged peanuts. It has four stories and a basement. The developers also own a parcel of land just west, in which more apartment structures will be built. Lake|Flato Architects has been hired by 210 Developers to do the design work.
A student housing report for downtown, commissioned by the city, was completed in November. It anticipates a demand for 388-550 units just for students near the UTSA Downtown Campus over the next 10 years.
As for the revenue generated by the parking lot, the council avis rent a car australia agenda item reads, Proceeds resulting from the sale of 905 South Frio Street in the amount of $98,350.00 will be reprogrammed to Community Development Block Grant (CDBG) Program Income as the property was purchased in 1994 using CDBG Funding.
210 Developers is a subsidiary of Federal Management Solutions, which does a lot of contract build work for the federal government, and is based on the South Side. Tolley said his group owns two other properties in south downtown with the intend of building more residential units. But he said it was too early release their locations avis rent a car australia and the number of new units they would add to the downtown area.
Less than a month after a city-commissioned report concluded there was a demand for student housing in west downtown, South Side-based 210 Developers have confirmed plans to refurbish a former peanut processing plant at 1025 S. Frio St. into an apartment building and build other structures just to the west to total 98 new units [...]
Weekly open mike certified by the National Poetry Slam allows poets to deliver their work and get heckled. $5 for minors. Tuesday. 9:30 p.m. doors, 10:30 p.m. slam. On The Half Shell Oyster Bar, 202 Navarro St., 210-843-3054. puroslam.com. complete calendar