This page is dedicated to content from the San Antonio Business Journal, which KSAT partnered with in an effort to elevate strong community journalism and provide a wider range of news for our readers and viewers.
The San Antonio Business Journal covers various industries, including banking, commercial real estate, construction, economic development, health care, hospitality, energy, manufacturing, technology and defense industry.
City plans to buy vacant lots along proposed VIA Green Line for affordable housing
Read full article: City plans to buy vacant lots along proposed VIA Green Line for affordable housingWhile VIA Metropolitan Transit continues to plug away on its Advanced Rapid Transit plan, the city of San Antonio is aiming to strategically align with those plans by buying up vacant lots along the proposed north-south route.
Inside a local developer’s plan to reactivate Villita Assembly Hall
Read full article: Inside a local developer’s plan to reactivate Villita Assembly HallAfter buying the downtown landmark in early 2024, the developers behind the revamp of the Villita Assembly Hall have moved quickly to prepare it for its next life.
Terry Black’s BBQ project on Broadway clears another hurdle
Read full article: Terry Black’s BBQ project on Broadway clears another hurdleAustin-based Terry Black’s BBQ has received a certificate of appropriateness from the Historic and Design Review Commission to build part of its project at 2100 Broadway.
Low occupancy, lagging rate growth in apartments likely to persist through 2025
Read full article: Low occupancy, lagging rate growth in apartments likely to persist through 2025Staggering rates of new deliveries hammering occupancy and rental prices in San Antonio’s apartment market are likely to persist through 2025.
Remember the Alamo Beer: Brewery site for sale
Read full article: Remember the Alamo Beer: Brewery site for saleAlamo Beer Co. opened its multimillion-dollar brewery and beer hall in March 2015 with a nod to its namesake shrine and a celebration of Texas’ independence, but it could close with far less fanfare.
Entertainment venue backed by Tiger Woods nears SA debut
Read full article: Entertainment venue backed by Tiger Woods nears SA debutPopStroke Entertainment Group, a Florida-based company that has partnered with Tiger Woods, is nearing completion of a multimillion-dollar golf-themed venue in northwest San Antonio and company officials confirm its planned opening is set for this fall.
East Coast airline to end SA flights and exit city
Read full article: East Coast airline to end SA flights and exit cityJetBlue Airways Corp. is grounding its Alamo City operations. The Long Island-based carrier plans to exit the market, ending nonstop flights to Boston and New York City in late October.
SeaWorld San Antonio eyes huge 2025 expansion
Read full article: SeaWorld San Antonio eyes huge 2025 expansionUnited Parks & Resorts is pursuing the development of a new area at SeaWorld San Antonio that will span nearly 150,000 square feet and tout its animal rescue efforts, according to an initial filing with the State of Texas.
Huge Broadway project backed by Terry Black’s BBQ moves forward
Read full article: Huge Broadway project backed by Terry Black’s BBQ moves forwardThe family behind Terry Black’s BBQ received green lights from the Zoning Commission and the Historic and Design Review Commission (HDRC) to move forward with its plans to build a restaurant and underground parking structure at 2100 Broadway.
New Braunfels Utilities pulls plug on downtown hotel plan
Read full article: New Braunfels Utilities pulls plug on downtown hotel planNew Braunfels Utilities has exited a plan unveiled in 2021 to turn its more than 80-year-old headquarters building near Main Plaza into a new hotel, restaurant and bar.
Business Journal Exclusive: SA ‘close’ to landing DC flights, Congressman Castro says
Read full article: Business Journal Exclusive: SA ‘close’ to landing DC flights, Congressman Castro saysCongress could approve new legislation in a matter of days, freeing up more slots for flights to and from DCA, and San Antonio has some high-ranking firepower fighting for one of those routes.
NuStar acquired by Sunoco for $7.3B, fate of SA-based company’s employees unclear
Read full article: NuStar acquired by Sunoco for $7.3B, fate of SA-based company’s employees unclearThe San Antonio-based independent pipeline and terminal operator and the Dallas-based fuels distributor have officially closed a $7.3 billion merger, NuStar announced today in a news release.
SwRI begins work on ‘spacecraft bus’
Read full article: SwRI begins work on ‘spacecraft bus’Southwest Research Institute has won a position on Denver-based Astroscale U.S.’s contract with the U.S. Space Force to build and test a small demonstration spacecraft as part of a $25.5 million Space Mobility and Logistics prototyping project.
San Antonio philanthropist, Shiner brewery owner Carlos Alvarez dies at 73
Read full article: San Antonio philanthropist, Shiner brewery owner Carlos Alvarez dies at 73Carlos Alvarez, a major philanthropist and entrepreneur who founded The Gambrinus Co., a San Antonio-based business whose holdings include the Spoetzl Brewery and Shiner beer, has died.
Guillermo’s declares bankruptcy as strategic decision
Read full article: Guillermo’s declares bankruptcy as strategic decisionLocal Italian restaurant chain Guillermo’s filed for Chapter 11 bankruptcy, but ownership says the decision was a strategic one that will allow it to reorganize and avoid shuttering one of its two locations.
Planned downtown attraction to feature sky-high ride clears hurdle
Read full article: Planned downtown attraction to feature sky-high ride clears hurdleIcon Experiences’ plan to develop a new elevated entertainment experience in downtown San Antonio anchored by a 200-foot-tall observation wheel is a step closer to reality.
UTSA to move ITC museum to Frost Tower as it pursues permanent home
Read full article: UTSA to move ITC museum to Frost Tower as it pursues permanent homeThe University of Texas at San Antonio plans to move the Institute of Texan Cultures to Frost Tower as it formalizes plans for a permanent home for the museum.
Boeing faces allegations of retaliating against employees for safety complaints in San Antonio
Read full article: Boeing faces allegations of retaliating against employees for safety complaints in San AntonioThree former employees of San Antonio’s Boeing Global Services plant at Port San Antonio allege they were terminated for raising safety concerns surrounding their work.
EMBREY construction executive talks bringing more women onto job sites, industry outlook
Read full article: EMBREY construction executive talks bringing more women onto job sites, industry outlookHelena Finley was recently named managing partner and executive vice president of construction at EMBREY.
SA health system launches CEO search amid billion-dollar expansion
Read full article: SA health system launches CEO search amid billion-dollar expansionUniversity Health has teamed with an Illinois-based firm to conduct a national search for a new CEO. Its longtime leader George Hernandez has set a summer target for his planned exit.
Developer to bring homes with personal vineyards, high-end hospitality to Fredericksburg
Read full article: Developer to bring homes with personal vineyards, high-end hospitality to FredericksburgA 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.
Fate of $62M Sunken Garden Theater makeover still unclear
Read full article: Fate of $62M Sunken Garden Theater makeover still unclearNearly two and a half years after the Brackenridge Park Conservancy first unveiled plans for a major renovation of the aging Sunken Garden Theater, the fate of that landmark project remains uncertain.
Codeup blames hiring freezes, lack of resources for its collapse
Read full article: Codeup blames hiring freezes, lack of resources for its collapseThe statement, signed “The Codeup Team,” cites hiring freezes, a shift in its funding landscape and its inability to retain essential teaching resources for its collapse.
NuStar Energy and Sunoco agree to $7.3B merger, eyeing significant synergies
Read full article: NuStar Energy and Sunoco agree to $7.3B merger, eyeing significant synergiesSan Antonio-based pipeline and terminal operator NuStar Energy LP has agreed to be acquired by Dallas-based fuel distributor Sunoco LP for $7.3 billion, NuStar announced.
State board approves historic listing for Institute of Texan Cultures structure
Read full article: State board approves historic listing for Institute of Texan Cultures structureThe Texas Historical Commission’s State Board of Review on Saturday unanimously approved listing the Institute of Texan Cultures on the National Register of Historic Places.
Here’s how housing prices are expected to change in San Antonio in 2024
Read full article: Here’s how housing prices are expected to change in San Antonio in 2024After a year marked by volatile — and frequently high — 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 Black’s BBQ group plan hotel, spa and restaurant on Broadway land
Read full article: Terry Black’s BBQ group plan hotel, spa and restaurant on Broadway landThe family behind Terry Black’s 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
Read full article: Tiny home community planned for South Side gets Zoning Commission approvalThe Zoning Commission on Tuesday lent its support to a proposed 79-unit tiny home development on the city’s 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.
NASA awards local space contractor $1.3M to advance lunar technologies
Read full article: NASA awards local space contractor $1.3M to advance lunar technologiesIt’s the first time the downtown stadium will have turned a profit since the San Antonio Spurs left the building for a new East Side arena in 2002.
Bexar County approves incentives for $40M Rackspace building agreement
Read full article: Bexar County approves incentives for $40M Rackspace building agreementBexar County commissioners approved an incentives agreement between the county, the city of Windcrest and Cleveland, Ohio-based developer Industrial Commercial Properties LLC at a Commissioners Court meeting Tuesday.
First Look: $300M mixed-use development from McCombs near Pearl
Read full article: First Look: $300M mixed-use development from McCombs near PearlA downtown property is set to undergo a major transformation that will see apartment, office and hotel uses fronting the River Walk, minutes away from the Pearl.
GrayStreet Partners, Fulcrum release vision for Broadway East development
Read full article: GrayStreet Partners, Fulcrum release vision for Broadway East developmentLocal developers GrayStreet Partners and Fulcrum Development are teaming up to create a 15-acre mixed-use project in the Government Hill neighborhood.
East Coast group plans major SA indoor pickleball expansion
Read full article: East Coast group plans major SA indoor pickleball expansionDill Dinkers, which has teamed with consulting firm Franchise Well, has closed a 20-facility agreement with Brian Birdy, CEO of San Antonio property management and real estate company Birdy Properties.
San Antonio Business Journal Exclusive: High-end motorsports development planned near SA airport
Read full article: San Antonio Business Journal Exclusive: High-end motorsports development planned near SA airportExotic cars, fine dining and five-star experiences. That’s what Prestige Motorsports says it has planned for a new development near San Antonio International Airport.
Schlitterbahn New Braunfels to add new attractions in 2024
Read full article: Schlitterbahn New Braunfels to add new attractions in 2024Cedar Fair Entertainment Co. is planning to make a major capital investment across its portfolio, and one of the beneficiaries is New Braunfels’ Schlitterbahn Waterpark & Resort.