Embrey Partners Receives Approval for M-U Development
By Anca Gagiuc, Associate Editor
The border delimitating the urban and suburban areas of San Antonio started fading away when Embrey Partners announced it had received zoning approval to turn 8.2 acres of commercial space in the Legacy Shopping Center into an apartment development with 289 units. The property is located at Loop 1604 and Highway 281 in northern San Antonio and will be the third mixed-use community the company has built along the 281 corridor.
“This is very unique for the area. We’re urbanizing the suburbs. There’s no longer this line drawn in the sand between city and suburb. People can have that urban, walkable experience they want with a suburban location,” said John Kirk, executive vice president of development for Embrey Partners. “Embrey has had success with similar mixed-use projects, like the one at the Quarry with Artessa, and is now bringing it further north to Legacy,” he added.
The multifamily development is part of the Santikos Legacy master plan; construction on the Legacy apartments could start toward the end of this spring. The construction plan consists of three- and four-story buildings with parking both underground and on the surface, private garages, elevators, a two-level fitness facility, a resort-style infinity pool with private cabanas and views of the Hill Country to the north, and a dog park, all in a walkable area that is close to retail and restaurants.
The size of the Class A apartments starts from 550 square feet for a one-bedroom unit and goes up to 1,200 square feet for a two-bedroom unit. Their design will be all about Generation Y: in an urban environment with convenience and choices specific to it, but outside the city center. “The design is Texas contemporary. We’ve taken great care to complement the Texas Hill Country and the existing retail,” said Kirk.
“We are excited about the addition of an urban residential development to the existing restaurant, entertainment, shops, services and loft-style offices of the Legacy. Embrey Partners has been very successful with its multifamily developments in San Antonio, and we are pleased they have chosen Legacy for their next local project,” stated John Santikos, president & owner of Santikos Real Estate Services.
Tags: apartment development, Brokers, Consumer, Conventional - Market Rate, Developers, Development, Embrey Partners, Finance/Investment, Financiers, Generation Y, Investors, Legacy apartments, Legacy Shopping Center, Local, mixed-use, multi-family, National, operations, Policy, Professional, property management, Regional, San Antonio, San Antonio Lead Story, Santikos Legacy, Santikos Real Estate Services