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News – San Antonio

* This news feed is generated through NewsTalk Texas, provided by the Real Estate Center at Texas A&M University

​​​​A picture of Greenway Tower.​IRVING – The Greenway Tower on SH 114 near MacArthur Blvd. in L​​as Colinas​ was purchased by a partnership of Taurus Investment Holdings.

The ten-story, 192,000-sf office building was constructed in 1981.

The building is almost 75 percent leased with tenants including Ace Cash Express, Tekzenit​, and Deval Consulting.

The Greenway Tower purchase comes on the heels of the recent sale of the 122 W. Carpenter Fwy. office building in Las Colinas.

​​Site plans for the development.FRISCO – In June 2018, the city’s Planning and Zoning Commission approved a new mixed-use development located north of Main St. and west of Dallas Pkwy.

The 36-acre property was originally zoned for a data center in 2014; however, it was never developed.

The property owner has now requested that the land accommodate a retail, restaurant, and office development focused around a 124,000-sf Lifetime Fitness. 

Within the request, two sub districts were proposed—Tollway District and Legacy District.

The Tollway District will be the central location for retail and restaurant services fronting a central open space feature.

The Legacy District will include the Lifetime Fitness facility, which will include two pools and 12 tennis courts.

The buildings within the development will be designed similar to the nearby development The Rail to the north and Frisco Market Center to the south.​

​​​​Image of Aura at the Rim.SAN ANTONIO – Plans are underway for a new 375-unit apartment complex at 1703 Evans Rd. in Stone Oak.

The project, called Aura Stone Oak, could break ground in August 2018, according to documents from the Texas Department of Licensing and Regulation.

The $26.4 million development will include an 8,100-sf leasing center. 

According to the document, construction is expected to be completed by August 2020.

​​​​Image of Aura at the Rim.SAN ANTONIO – Plans are underway for a new 375-unit apartment complex at 1703 Evans Rd. in Stone Oak.

The project, called Aura Stone Oak, could break ground in August 2018, according to documents from the Texas Department of Licensing and Regulation.

The $26.4 million development will include an 8,100-sf leasing center. 

According to the document, construction is expected to be completed by August 2020.

​​​​​LEWISVILLE – Bright Realty has started work on The Realm at Castle Hills, a 324-acre mixed-use development.

The $1.5 billion project will be a new urban center for the Castle Hills community on SH 121 west of Josey Ln. 

Phase I, Offices at The Realm, is a nine-story, Class A office building. It will include 235,000 sf of office space and 15,000 sf of first-floor restaurant space. Phase I will also include a park. 

The first phase is scheduled to deliver mid-2019. BOKA Powell and 505 Design designed the office building. The landscape architect is Land Design, and the general contractor is Hill & Wilkinson. Colliers International will lease the office, and Bright will lease the retail/restaurant space. 

Groundwork has also started on Phase II, a 260-unit multifamily complex with 35,000 sf of retail. Delivery is set for mid- to-late 2020. 

BOKA Powell, 505 Design, and Land Design are also on the apartment development team. Andres Construction is the general contractor.