Witness something new in Bexar County?

21 Story Development Proposed at Kallison Square

An Austin developer has plans to add onto the spate of development around downtown San Antonio. Teeple Partners has plans for a project called Kallison Square, which would have a two-tower mixed-use community near City Hall. According to recent reports in the San Antonio Business Journal and the San Antonio Express-News, the 21-story development is envisioned featuring one tower with residential and retail space along Dolorosa Street, and one office space tower on Nueva Street. The towers would sit on a lot measuring less than 2 acres.

 

Photo Courtesy Teeple Partners

The Express-News and Business Journal articles state that the $83 million total project will benefit from $8 million in tax incentives, including $5.9 million in tax reimbursements. The retail and office space will account for about 45,000 square feet. The residential part will feature 305 units. Amenities could include a fitness center, a pool with a rooftop deck, an artistic space, and a commons area, all on different floors. Both towers will be built above six stories of parking space.

Teeple Partners is experienced in building multi-family developments. The firm built the local Willow Creek and Bulverde Oaks apartments complexes. The developer states the following about the planned project its website: “Situated in the heart of Downtown San Antonio across from City Hall and the San Fernando Cathedral, this mixed-use property is convenient for retail, restaurant and office space. Development opportunities for multi-family are also on the horizon.”

Kallison Square would be a significant addition to the $2.4 billion in recent investment in developments in the city’s downtown sector, according to a recently published report by the nonprofit Centro San Antonio. That investment includes more than $750 million in recent mixed-use projects. That includes the Frost Bank Tower skyscraper, the planned Hemisfair developments, and a multi-story hotel with restaurant space planned along the Riverwalk, in the former Solo Serve store site.

About The Author
Comments