Industry News

New development near Texas A&M-San Antonio to have space for housing, retail, trail system

SAN ANTONIO – A new development hopes to breathe new life into the surrounding area of Texas A&M-San Antonio.

SouthStar Communities, a development company, is in charge of the project named VIDA, which will include space for housing, offices, restaurants and retail.

“It will have housing options from multi-family, single-family, detached homes, townhomes, duplexes,” said Thad Rutherford, president of SouthStar Communities.

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San Antonio City Council OKs development deal for South Side land near A&M

Originally Published by San Antonio Express News

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Texas A&M San Antonio poised to add thousands of new housing units

Article Originally published by News4SanAntonio.com

After 13 years of delays, false starts and legal maneuvers, the effort to develop hundreds of acres around Texas A&M University San Antonio finally got a kick-start from City Council today.

SouthStar Communities of New Braunfels gained unanimous approval to buy and develop land from the Verano group. The project will consist of over 5,700 residential units.

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Explosive growth on San Antonio’s South Side sets the table for new development adjacent to Texas A&M University–San Antonio

Over the past several years, few cities have grown as fast as San Antonio. While the northwest side of town, the area just north of the San Antonio city limits, and nearby places like Fair Oaks Ranch, New Braunfels, and San Marcos have attracted attention for their suburban sprawl, a recent growth pattern in this well-established city is emerging on the South Side of town.

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New Braunfels’ sales tax soars - City’s gross sales tax for fiscal year climbed almost $2 million

As printed in the New Braunfels Herald-Zeitung, November 15, 2019

It was a good year for sales in the city of New Braunfels.

City staff announced earlier this week that with the September figures in, they could put together a picture of fiscal year 2018-19 to compare with fiscal year 2017-18.

“With the release of the September figures, we are able to report that gross sales tax collections for FY 2018-19 (October-September) has increased by approximately $1.9 million or 6.02% in comparison to the previous fiscal year,”

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SouthStar Communities honored again at Summit Awards

For the second year in a row, community developer SouthStar Communities won the prestigious Grand Developer Award and one of its Hill Country communities, Vintage Oaks, earned five honors at the annual Summit Awards. Vintage Oaks’ newest amenity, the Fitness Club, was honored with the award for Best Common Area-Facility.

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Microsoft to join with Infosys and transform smart building management

 

Article Originally Published by Asmag.com

Infosys announced a collaboration with Microsoft to deliver smart buildings and spaces (SB&S) solutions for the architecture, engineering, construction, facilities management and real estate development markets.Leveraging the latest digital technologies, the solutions aim to improve the entire lifecycle of building construction and operations, and the user experiences of those that manage and work in buildings.

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San Antonio named one of the top homebuyer markets in the nation

 

The city that has repeatedly been noted as one of the best places in the country to live, buy a home, retire, and visit is in the news again. Realtor.com recently took a look at the top 10 markets nationwide for homebuyers, naming San Antonio to its No. 3 spot. The top two markets were Albany, NY and Chicago. Dallas also made the top 10—the only other Texas city to do so.


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Southside San Antonio continues its growth

The Southside has been the proud home of San Antonians for generations, and it’s also been in the midst of a renaissance over the past several years. Extensive new retail and restaurants at City Base Commons in Brooks City Base are among the newest additions to this bustling area within the fastest-growing city in the nation. South San Antonio is also the site of popular SouthStar Communities masterplanned community Mission del Lago—another reason all eyes are on this dynamic side of town.

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1,800 Companies Left California In a Year - With Most Bound for Texas

Original Source : Bill Hethcock, Dallas Business Journal

A record number of companies are leaving California for states with a better business climate, and a new report shows that Texas remains their No. 1 destination.

The study estimates that 1,800 relocation or "disinvestment events" occurred in 2016, the most recent year available, setting a record yearly high going back to 2008. About 13,000 companies left the state during that nine-year period.

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