Developer to bring homes with personal vineyards, high-end hospitality to Fredericksburg
A new development plans to draw hundreds of thousands of tourists visiting Texas' Wine Trail with a winery, luxury hospitality that could include a Michelin-starred chef and homes with their own personal vineyards.
Hereโs how housing prices are expected to change in San Antonio in 2024
After a year marked by volatile โ and frequently high โ mortgage rates, little inventory and affordability issues that sidelined many buyers, the 2024 housing market outlook offers more of the same, albeit with some relief.
Terry Blackโs BBQ group plan hotel, spa and restaurant on Broadway land
The family behind Terry Blackโs BBQ plans to build a barbecue restaurant, hotel, spa and a parking garage on the land it owns at 2100 Broadway, according to documents obtained by the Business Journal through a public records request with the city of San Antonio.
Tiny home community planned for South Side gets Zoning Commission approval
The Zoning Commission on Tuesday lent its support to a proposed 79-unit tiny home development on the cityโs South Side. The one- and two-story properties would rise at 1471 and 1477 West Villaret Blvd. and 1487 Malley Blvd., across the road from Palo Alto College.
San Antonio startup to build โsecret garden homesโ in backyards
SAN ANTONIO โ Editorโs note: This story was published through a partnership between the San Antonio Business Journal and KSAT. A San Antonio couple launched a startup to build tiny structures in backyards to function as offices, schoolhouses or anything in between. Erin Callahan, co-founder and CEO Some Elbow Room, describes the spaces as โsecret garden homes,โ water-tight, stand-alone buildings that come in three sizes from 96 to 300 square feet. The structures, named Elbow Rooms, are customizable for any purpose and are insulated, air conditioned and wired for electricity. See more photos of the Some Elbow Roomโs structures at the San Antonio Business Journal.
Second Friendly Spot location moving forward
SAN ANTONIO Editors note: This story was published through a partnership between the San Antonio Business Journal and KSAT. The Business Journal reached out to co-owner Steven Newman, but did not hear back by time of publication. The Business Journal first reported on the owners of the original Southtown location and their plans for a second location in 2018. No other details were revealed about the second location, other than that the couple was looked at around 70 to 80 other properties on the South Side. Read more restaurant business news at the San Antonio Business Journal.
Multiple San Antonio hotels up for sale in the midst of a pandemic
SAN ANTONIO Editors note: This story was published through a partnership between the San Antonio Business Journal and KSAT. Multiple San Antonio hotels are on the market including a corporate La Quinta Inn along Interstate 35 corridor near Loop 1604, which is currently managed by Wyndham. Hotels flying the Holiday Inn, Hyatt Place and Budget Inn flags are also on the market. San Antonio Hotel & Lodging Association Chairwoman Tamara Benavides isnt surprised that some hotels are in play as owners across the country deal with the economic impact of the novel coronavirus. See which other hotels are on the market at the San Antonio Business Journal.
San Antonio construction, engineering firm Zachry Group faces lawsuit over retirement plan
SAN ANTONIO Editors note: This story was published through a partnership between the San Antonio Business Journal and KSAT. An international construction and engineering firm headquartered in San Antonio faces what could become a class-action lawsuit over the management of its 401(k) retirement plan. The plaintiffs James Blackmon, Justin Rozelle, Eric Myers and Jared Munson, who are participants in the program administered by Zachry Group filed a complaint against the firm in federal court Aug. 21, as first reported by the San Antonio Express-News. Zachry Group has not responded to the Business Journals request for comment on the lawsuit. They also claim that Zachry kept certain funds in the plan despite the availability of identical or similar investment options with lower costs and/or better performance histories.Read more on this story at the San Antonio Business Journal.
Historic downtown hotel plans layoffs after significant furloughs
SAN ANTONIO Editors note: This story was published through a partnership between the San Antonio Business Journal and KSAT. The Sheraton Gunter Hotel plans to lay off nearly 40 employees as the downturn in travel caused by COVID-19 continues to take a toll on San Antonios hospitality industry. Crescent Hotels & Resorts LLC, which operates the Sheraton Gunter, informed Texas Workforce Commission officials of its plans this week. Hotel management initially reduced operations at the East Houston Street property as convention and leisure travel business evaporated with the novel coronavirus outbreak and stay-home orders. Read more on this story at the San Antonio Business Journal.
Alamo City feeling heat from vacant rooms and vanished revenue
SAN ANTONIO Editors note: This story was published through a partnership between the San Antonio Business Journal and KSAT. Early on, we were shaken, but thinking this wasnt going to last as long as it has, San Antonio Hotel & Lodging Association Chairwoman Tamara Benavides said. The city will get some help, courtesy of the organization, which plans to stage its annual global marketing event, IPW, in San Antonio in 2023. The average daily rate for metro San Antonio was more than $120 in second quarter 2019. Read more on this story at the San Antonio Business Journal.
Thousands of City of San Antonio employees will work remotely through end of the year
SAN ANTONIO โ Editorโs note: This story was published through a partnership between the San Antonio Business Journal and KSAT. Thousands of municipal employees will continue to work from home at least through Dec. 31 due to the surge in Covid-19 cases in Bexar County, city of San Antonio officials said. City Manager Erik Walsh shared that plan with the mayor and City Council members in late May, and most of the indicators affecting a return to work are trending in the wrong direction. Extending a work-from-home plan for thousands of employees could sway some businesses, whose leaders are looking for guidance regarding when to bring employees back to the workplace. Read more at the San Antonio Business Journal.
San Antonio hotel industry plots long and tough road to recovery
SAN ANTONIO Editors note: This story was published through a partnership between the San Antonio Business Journal and KSAT. What scares me the most is the unknown, Visit San Antonio President and CEO Casandra Matej said. Through May, San Antonio hotel room revenue was down 47% compared to the same period in 2019. April was especially brutal as local hotel operators saw overall revenue decrease by 86% as occupancy declined by 68%. Read more on this story at the San Antonio Business Journal.
What businesses need to know about latest mask mandate
SAN ANTONIO Editors note: This story was published through a partnership between the San Antonio Business Journal and KSAT. Greg Abbott blessing recent local orders that businesses require customers such as retail shoppers to wear masks, it's up to Bexar County and the city of San Antonio to determine how to enforce them. Certainly, with Abbott's blessing, it will be difficult to make the case that the order isn't legal, lawyer Erica Valladares said. The county judge has the authority to regulate businesses in his jurisdiction, she told the Business Journal. Read more on this story at the San Antonio Business Journal.