San Antonio’s Pearl Brewery district continues to grow
February 28, 2013 by Sarah
San Antonio’s trendy Pearl Brewery district has been under development for seven years, and it continues to grow as new businesses and residences open their doors. A report from this month reveals that new establishments include an apartment building called the Cellars and Bottling House and a new hotel comprising 146 rooms.
There will be 102 residential units in the Cellars building, offering one, two, or three bedrooms, some with adjoining offices, and the ground floor will have approximately 8,000 square feet suitable for commercial purposes.
The apartments, which will rent for approximately $2 per square foot or more, average ,1200 square feet in size. A second building will have smaller units, most about 850 square feet, which will rent for $1.50 to $1.75 per square foot. The developer, Silver Venture, points out that these are apartments, not condominiums, which have not been particularly successful in San Antonio.
Other structures in the district include the Shamrock Pavilion, a concrete frame three stories tall that will shade the development’s plaza, as well as having a deck and pool on the roof. Work on the various projects is expected to be completed in 2015. In addition to the new hotel and apartments, there are eight restaurants and bars, and seven retailers scheduled to join the mix, making this a very trendy area.
Silver Ventures could work with brochure printers to create publicity materials about the new amenities. They could attract people to the area, both to live and to patronize the new businesses.