Reprinted courtesy of SA Report
After a nearly year long delay, a New Braunfels-based developer is making plans to break ground in the coming weeks on a much sought-after residential and mixed-use project near Texas A&M University-San Antonio.
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As with every other industry, in 2020 residential real estate has been tested by the COVID pandemic. From securing the raw land to marketing the property, master-planned community developers have had to recalibrate almost every aspect of their business.
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If a homebuyer can live anywhere, where will they most likely choose? This is more than a rhetorical question.
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San Antonio Business Journal's annual Building San Antonio Awards recognized SouthStar's president, Thad Rutherford as Dealmaker of the Year for 2020. The award recognizes Rutherford's legacy of acquisition and complex approvals to deliver larger scale masterplans in and around San Antonio.
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After many years of planning, unanimous approval by the San Antonio City Council means the new VIDA masterplan is moving forward to bring critical new housing to San Antonio’s SouthSide in the shadow of Texas A&M University-San Antonio (TAMU-SA). “The achievement is a significant milestone” for the university, “as plans for development in the area have been in the works for over a decade,” said RVi Planning, a regional design firm that is partnering with SouthStar to bring VIDA to market.
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The list of the “Top 50 Master Planned communities in the Unites States” for 2019 is out, and SouthStar Communities’ WoodCreek in Dallas has made its first—but certainly not its last—appearance. This popular community, located in the fast-growing city of Fate, just up the highway from downtown Dallas, ranks at No. 41 after a year of exceptionally strong sales under the SouthStar Communities umbrella. It was the only community in the Dallas area to make the prestigious list, which is compiled every year by John Burns Real Estate Consulting.
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