GrayStreet Partners can move forward on a hotel and apartment structure at 1523 North Alamo St in San Antonio. The Zoning Commission okayed the request, allowing for multiple uses at the site near the former Pig Stand restaurant.
GreyStreet is planning to build 100 multifamily units per acre, a hotel taller than 35 feet and food and beverage operations, totaling more than 167,000 square feet. The company previously filed plans for a 211-key hotel under Marriott International’s AC Hotel flag.
The property, alongside 1514 and 1516 Broadway, was acquired by GrayStreet in February 2023. The restaurant closed the following month.
The Pig Stand opened in 1921 and became a Broadway institution. The location was initially one of more than 130 Pig Stand locations across the United States, and the San Antonio location was the last remaining operating restaurant in the Dallas-based franchise.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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