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Development Trends Expect to Shape San Antonio Core

Downtown and close-in growth/revitalization is due to private investment in key arterials and policies aimed at revamping downtown, says Smita Bhakta, partner at Kruger Carson, in this EXCLUSIVE.

Smita Bhakta The new Center City Housing Incentive Policy aims to incentivize affordable housing, says Smita Bhakta.

SAN ANTONIO—For the past 10 years, San Antonio has experienced a high level of growth and revitalization in its downtown and surrounding areas, due in part to private investment along key arterials, such as Broadway and Houston Street, and municipal policies strategically aimed at revamping downtown, particularly urban housing. These efforts have moved San Antonio’s downtown beyond its prior tourist-centric existence, according to Smita Bhakta, partner at Kruger Carson PLLC.

As the so-called decade of downtown draws to a close, there are some trends affecting commercial real estate development that will continue to shape the urban core of the city, Bhakta observes in this exclusive.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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