Bulverde Oaks Luxury Complex Breaks Ground in North San Antonio

By Camelia Bulea, Associate Editor

Teeple Partners Inc. announced the groundbreaking of a new luxury complex, called Bulverde Oaks, in North San Antonio. The developer will build a 328-unit apartment complex with amenities include private attached garages, granite countertops in kitchens and bathrooms and wood-style plank flooring.

The complex will have a mix of one-, two- and three-bedroom units. It is slated to be finished by March 2013.

Dallas-based Hensley, Lamkin, and Rachel is the project architect. Catamount Constructors is the general contractor. Construction financing is being provided by Plains Capital Bank, N.A, as reported by the San Antonio Business Journal.

The location–north of Loop 1604 on Bulverde Road–is marked by increasing growth in population, households, occupancy levels and income, among other demographics. It was chosen due to the nearby Bulverde Creek Elementary School, a new middle school that is currently under construction, and Johnson High School, according to the San Antonio Business Journal. The new housing project will serve employees working at Pearson, Tesoro Corp., Chase Bank, Clear Channel Communications, North Central Baptist Hospital, Stone Oak Methodist Hospital, Yantis Co. and Wells Fargo Bank, according to a master plan presentation by First American Commercial Property Group.

Spanning 158 acres, the Bulverde Oaks West tracts front almost the entire length of Bulverde Road from Loop 1604 to Evans Road. Bulverde Oaks East encompasses multiple tracts along both sides of Loop 1604, between the O’Connor Road and Judson Road freeway access ramps.

Developer Teeple Partners, with offices in San Antonio and Austin, has been developing primarily in Austin and has just recently embarked on new redevelopment and multifamily projects in San Antonio, according to its Web site.

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Chart courtesy of www.city-data.com