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VIA Metropolitan Transit Announces Launch of Phase II of Multimodal Project

14 Sep 2014, 6:02 am

By Anca Gagiuc, Associate Editor

VIA Metropolitan Transit has begun construction on the second phase of the Westside Multimodal Transit Center project. Part of VIA’s SmartMove initiative, the Westside Multimodal Transit Center is included in VIA’s 2035 Comprehensive Transportation Plan. This round of the development includes a new transit plaza.

The completion of phase two is scheduled for fall 2015. Its functionality will be that of a transit hub meant to improve the accessibility to the UTSA Downtown Campus and the University Health System’s Robert B. Green Campus.

“This facility will create new foot traffic and encourage transit-oriented development in the area,” said VIA Chairman Alex Briseño, calling the plaza a gateway to the West Side, the heart of San Antonio, and stating that the goal of the project is to improve the transit experience for the VIA riders.

Bexar County Commissioner Paul Elizondo said the new transit center will help decrease some of San Antonio’s congestion. “One Texan, one pickup won’t work anymore,” he says. “If a city doesn’t have quality transportation, it’s not a quality city.”

VIA President & CEO Jeff Arndt said the transit center will support six additional bus routes and connections to taxi service, inter-city bus service and the Lone Star Rails service that will connect San Antonio and Austin. Furthermore, VIA officials announced the agency is relocating its executive offices to the historic depot building next to the Multimodal Transit Center.

Photo courtesy of VIA Metropolitan Transit

Corporate Office Properties Trust Announces Full-Building Lease in Sentry Gateway Office Park

8 Sep 2014, 4:59 am

By Anca Gagiuc, Associate Editor

Corporate Office Properties Trust announced the execution of a full-building lease with the U.S. government. The building is currently under construction in the REIT’s Sentry Gateway office park and will encompass approximately 160,500 square feet.

The completion date for the office building is set for the fourth quarter of 2014, with the lease start date scheduled for the first quarter of 2016. As a consequence of the major leasing transaction, COPT’s construction pipeline, currently at 1.1 million square feet, reached a leasing percentage of 65, up from 50 percent on July 24, 2014.

“Upon completion of this building, Sentry Gateway will consist of 953,000 square feet that are fully leased to strategic tenants,” stated Roger Waesche Jr., COPT’s President & CEO. “We are proud of our success in San Antonio, and look forward to supporting the future growth needs of our strategic customers in that market.”

Corporate Office Property Trust is headquartered in the Greater Washington, D.C., region and focuses primarily on meeting the specialized demands of U.S. Government agencies and defense contractors that are mostly engaged in defense information technology and national security-related processes.

Petro Waste Environmental Proposes $5M Oil-Field Waste Disposal Site

10 Aug 2014, 3:58 am

By Anca Gagiuc, Associate Editor

San Antonio-based Petro Waste Environmental, a company that provides environmental services, has proposed an oil-field waste disposal and treatment site for a 204-acre piece of land in Nordheim, DeWitt County, one of Eagle Ford Shale’s busiest drilling areas. The application has been presented to the Texas Railroad Commission for the second time, after being denied in 2013 because of the risk the proposed facility inflicted on the area, possibly causing or allowing pollution to enter surface or subsurface waters and because of protests by local residents.

Nordheim is about 75 miles southwest of San Antonio. The company has estimated its investment in the proposed facility, which would be developed in the first quarter of 2015, will total $5 million. The site will employ 10 to 15 workers.

The current environmental regulations state that oil and hydrocarbon waste must be disposed of in specialized facilities such as the one proposed by Petro Waste Environmental. The closest sites capable of accepting this type of waste are more than an hour and a half away, and the DeWitt area and the neighboring counties are in the middle of the drilling process.

“The demand for this (landfill) is coming from the industry,” PWE CEO George Wommack said. “All the major oil-and-gas companies want to dispose of their waste as safely as possible, and they’d rather have it done at a facility where it’s going to be constantly monitored by a company whose business is managing environmental risk.”

The Texas Railroad Commission will hold a hearing on Sept. 10, when it will be decided whether the facility will be approved or if suggestions will be offered to avoid jeopardizing the area’s environmental safety and integrity.

Coventry Homes Relaunches Luxury Line in San Antonio

2 Aug 2014, 3:13 am

By Anca Gagiuc, Associate Editor

San Antonio’s strengthening housing market is calling back developers. Coventry Homes announced its return to the region with its line of luxury production homes, with plans for six new communities encompassing approximately 400 sites that will be made available by the end of the year.

“During the recession, there wasn’t great demand for luxury homes in master-planned communities in San Antonio, so we only continued building Coventry homes through our Build on Your Lot program,” said sales manager Ken Gezella. “With the resurgence of the housing market, however, the demand for luxury homes has returned, and it seemed only natural for us to bring back Coventry’s exclusive designs to fill that demand.”

The six communities are planned as follows:

Stillwater Ranch is a development in the Northside Independent School District northwest of San Antonio with an array of amenities. This community marked Coventry’s reentry into the local housing market. The builder has 39 home sites in the community, with prices starting at $300,000.

Woods of Boerne is a gated community with spacious, wooded home sites proximate to Boerne’s downtown historic district, thus close to retail shops, antiques shops, art galleries and more. Completion of the model home is targeted for fall, and with presales ongoing, the first homes are scheduled to go online in early winter. The builder has 79 home sites, and buyers can select from 10 customizable floor plans, with prices starting at $320,000.

Kinder Ranch is one of the two communities that Coventry will enter this fall. The builder will have 40 home sites.

Rhine Valley is the other community Coventry plans to enter this fall. The builder will have 30 home sites.

Coronado is one of the two communities that will begin presales this winter. The builder will have 123 home sites.

Highland Estates is the other community in which Coventry will begin presales later this year. The builder will have 103 home sites.

“Our luxury home designs will be showcased in each of these communities and will be completely different from other builders’ designs because we allow people to truly customize their homes,” Gezella said. “Coventry buyers aren’t limited to a set of structural options or design features. Budget, imagination and community deed restrictions are their only limitations when buying a Coventry home.”

Luxury Apartment Community Aura at the Rim Breaks Ground in San Antonio

28 Jul 2014, 4:20 am

By Anca Gagiuc, Associate Editor

Northwest of San Antonio, a new luxury apartment community has broken ground. Aura at the Rim is being built by Dallas-based developer Trinsic Residential Group LLC.

The residential project stands four stories tall and encompasses 308 units; it is located within The Rim mixed-use development, near the intersection of Interstate 10 and North Loop 1604, providing proximity to shops, restaurants and entertainment, as well as surface parking and attached and detached garages.

“Northwest San Antonio is an area that is enjoying an exciting surge in commercial activity and employment opportunities,” said Adam Brown, managing director for Trinsic. “It’s got it all: premiere shopping venues The Rim and The Shops at La Cantera, major employers, world-class vacation destinations and more. Aura at The Rim is perfectly positioned to give residents easy access to the best of the region. The site is elevated nearly 50 feet above the rest of the development, so it will afford residents spectacular views of the Hill Country and distant downtown San Antonio.”

The residents will be given the choice of one- and two-bedroom apartments, featuring custom cabinetry, granite countertops with a glass linear backsplash, stainless steel appliances, faux wood floors and accent walls. Community amenities include a state-of-the-art fitness center with spin room and a stretching area for yoga, a full-service resident lounge connected to a resort-style pool, an outdoor fire pit, and grilling areas.

“We’re thrilled to be giving residents one of the finest luxury apartment options in the area,” added Brown. “Aura at The Rim will be a truly exceptional multifamily community.”

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