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$22M San Antonio Multifamily Project Gears Up

SAN ANTONIO-The 250-unit complex is the Dallas-based developer's first foray into San Antonio. The affordable housing project will break ground in January in the city's south submarket, an area in the midst of a redevelopment.

By Tim Green | Updated on December 15, 2002

SAN ANTONIO-Southwest Housing will begin work in January on its first affordable housing apartment project in San Antonio. The Dallas-based company is joining with the San Antonio Development Agency to build and run the 250-unit project in the city’s south submarket.

“It’s part of the redevelopment of the south side and we’re excited to be a part of it,” Brian Potashnik, Southwest Housing’s president, tells GlobeSt.com. He says a spurt of business growth on the south side is driving demand for affordable housing. “They need the rooftops,” he says.

The complex of two-, three- and four-bedroom apartments is positioned along Palo Alto Drive in the northeast corner of the intersection of Loop 410 and US Highway 16. The complex’s 18 acres are across Palo Alto Drive from Palo Alto College, a campus of the Alamo Community College District.

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