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Spotlight on Downtown Development: Elan Riverwalk

San Antonio’s vision for its “decade of downtown” is starting to take shape on the ground.

A surge of development is bringing new jobs and new residents into the area. While the number of residents living in the downtown area hovered at about 3,400 from 2000 to 2010, from 2010 to 2013 an additional 2,700 residential units have been built or are in the planning stages.

Elan Riverwalk is just one of the new residential buildings planned downtown. The project is moving forward with its plans after winning approval from the city to build on the former Univision site.

The Historic Design Review Commission voted last September not to designate the former Univision building as a historic landmark, and in November the 1955 building was demolished.

Elan’s developer, Greystar Real Estate Partners, is keeping the 660-foot television antenna intact. Greystar plans to install a historical commemoration by the tower that will share the history and significance of the Spanish-language broadcasting station’s site.

Located on E. Chavez Boulevard, Elan Riverwalk will include 350 apartment units facing the San Antonio River. The development will have several three-to-five story tall buildings, a clubhouse, and two interior courtyards. Residents will have access to the River walk, which city officials envision getting more and more daily use by San Antonio residents – not just tourists.

Elan’s developers and design team also have been working closely with neighborhood groups like the King William Association to discuss traffic issues and the buildings’ aesthetics.

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