The NRP Group and Brooks celebrated the groundbreaking for Lucia at Brooks, a new $72 million, 353-unit apartment community adjacent to Brooks on San Antonio’s Southside. Austin architecture firm Davies Collaborative is leading the project’s design.
Located at 9501 SE Loop 410 in the Brooks region, the three- and four-story Lucia at Brooks will offer one-, two-, and three-bedroom floor plans with upscale in-unit features. Planned amenities will include a luxury pool, business center and a dog park. The mixed-use community is in close proximity to hiking and biking trails along the Mission Reach. Lucia at Brooks will also include five acres of retail space soon to be developed. Lucia at Brooks is slated for completion in 2027.
Lucia at Brooks is the fourth multifamily housing community developed as part of the partnership between Brooks and The NRP Group.
The site was once home to Brooks Air Force Base, which has been reworked into a mixed-use hub for jobs and housing.
Ontario Finance Minister Peter Bethlenfalvy told the legislature Thursday that the province’s response to economic uncertainty is to “build, and to build together.” But the Fall Economic Statement he delivered forecasts considerably less building than the government expected just six months ago. Ontario now projects 65,100 housing starts in 2027, down from 70,300 in its...
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Five major Canadian banks are financing a 917-unit rental development in Etobicoke, where construction is now underway on a site previously planned for condominiums. CBRE Capital arranged the conventional, uninsured construction financing for EllisDon Developments and Windsor Private Capital’s two-tower project at 80–90 Fieldway Rd., near Kipling station. The LiUNA Pension Fund is also an...
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Peakhill Capital has launched a $750-million construction lending program for rental housing developments across Canada, with $450 million in loans already closed under the new platform this year. The Toronto-based lender announced Thursday that its Everest program, backed by an initial institutional commitment, will provide CMHC-insured construction loans ranging from $4 million to $200 million....
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