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November 2008

Demand still alive for downtown housing, developers say

Nov 28, 2008
Demand still alive for downtown housing, developers say

While the market may not be booming with new residential projects these days, there are still opportunities to be had in San Antonio’s housing market.

And many of those opportunities, industry players contend, are located within the city’s emerging urban sector.

According to a recent analysis prepared by Stephen W. Yndo, a local developer and the founder of Yndo Commercial Real Estate Co., San Antonio is on track to deliver 1,813 market-rate residential units by the year 2011. These communities — a mix of rental and for-sale projects — will be located in downtown San Antonio, and in the neighborhoods just north of the city’s center...

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http://www.bizjournals.com/sanantonio/stories/2008/12/01/story8.html